Marzo999

BTC hit the bottom of the pitchfork

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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9
277 3
What do you think guys? (to mimic the chart, the bitchfork starts from 25th aug where the uptrend started. note that i made this fork a month back, and perfectly got a bounce)
Mar 19
Comment: forgot to add the year, it is 25th aug 2015 ,
Mar 19
Comment: and the scale is log
Mar 19
Comment:
Mar 20
Comment: I zoomed in to the period 2 march to 20 march .. and added another pitchfork...

Mar 28
Comment: price is back to test the fork bottom
Mar 29
Comment: the fork bottom is breached. brace for impact.. unsure where the price will go from here
I like your fork :-D. I use both log and linear scale (for geometric tools like gann).
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glad to see someone is using log scale!
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@hkh222, for me, log should be used for cryptos... especially bitcoin, it is not a company stock that is affected by the company performance, it is a new commodity that is running towards its real value. once it is there, we can switch back to linear
+1 Reply
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