TradingView
Marzo999
Mar 19, 2018 10:44 AM

BTC hit the bottom of the pitchfork 

Bitcoin / DollarBitfinex

Description

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)

Comment

forgot to add the year, it is 25th aug 2015 ,

Comment

and the scale is log

Comment

Comment

I zoomed in to the period 2 march to 20 march .. and added another pitchfork...

Comment

price is back to test the fork bottom

Comment

the fork bottom is breached. brace for impact.. unsure where the price will go from here
Comments
moo111
I like your fork :-D. I use both log and linear scale (for geometric tools like gann).
cI8DH
glad to see someone is using log scale!
Marzo999
@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
More