In my previous analysis I talked about The falling channel Bitcoin was in. However when I took another look at it, it looked more like a falling wedge. This does not make any difference in the outcome of the price but this shows that TA can be subjective. But that is not what I wanted to talk about.
Falling wedges and channels are my favorite bullish trade...
Here in this tutorial/analysis we'll look at accumulation which happens before a next Big leg-up. You can find notes on the chart itself, I'll just explain what happens in terms of Thrust and Momentum during these accumulation phases. White line is line of bears and it measures the momentum (Price difference divided by time taken) of the move while its slant-ness...
