ehanuise
Long

2 year triangle soon to resolve ?

BTCE:BTCUSD   Bitcoin / Dollar
85 5 0
On a big scale, BTC has formed a huge 2 year triangle that will end around X-mas/New-Year.
It should resolve upwards, but as usual anything can happen ^^
MoonTrader
2 years ago
What is that green line even based on?
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ehanuise
2 years ago
Price since 2013. We had a bubble, green line reflects the overall trens. (should be sloping upwards lightly and not be a line to be fair, but you get the idea.)
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MoonTrader ehanuise
2 years ago
You're saying it's a logarithmic curve? Why didn't you use a log chart, then? The line just cuts through the price action.
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ehanuise MoonTrader
2 years ago
indeed, should have used a log chart (didn't notice it defaulted to non log when creating the new chart :/ )
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Ben.K
2 years ago
Agreed..
snapshot
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