BitcoinLong
Angle of an uptrend
Hello Traders
This isnt really a technical chart, just an observation on the angle of upward price action which appears to be the smoothest and most gradual yet since the 1163 decline.
Prior rallies have seen steep, parabolic pumps followed by devastating 100% dumps but since January we have been gently trending upwards.
This looks like a healthy rise and a departure from the downtrend
PS: If you havent watched this yet you need to :-D
youtube.com/watch?v=cIasr2AiyZ0
This isnt really a technical chart, just an observation on the angle of upward price action which appears to be the smoothest and most gradual yet since the 1163 decline.
Prior rallies have seen steep, parabolic pumps followed by devastating 100% dumps but since January we have been gently trending upwards.
This looks like a healthy rise and a departure from the downtrend
PS: If you havent watched this yet you need to :-D
youtube.com/watch?v=cIasr2AiyZ0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.