pumapunko
Long

Angle of an uptrend

BITSTAMP:BTCUSD   Bitcoin / Dollar
192 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
drei4u
2 years ago
Good observation!
Reply
pumapunko PRO drei4u
2 years ago
Thanks!
Reply
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