pumapunko
Long

Angle of an uptrend

BITSTAMP:BTCUSD   Bitcoin / Dollar
193 2 4
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
https://www.youtube.com/watch?v=cIasr2AiyZ0
Good observation!
Reply
Thanks!
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out