Get started
rickyricardo531

BTCUSD --- Independence Day Celebration?

Bitcoin (BITSTAMP:BTCUSD)  
rickyricardo531 Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns
6
0
trendanalysis chartpattern
Trendlines are converging for early July. Will we see fireworks?

I know were in a bear trend at the moment and charting or saying anything bullish makes you uncool in the social media world; but there you go, some hope. Yea we may completely fail it, but its there and this is valid for the moment.

Enjoy the ride and have fun!
Comment:
Lines were not perfect and just incase someone wants to say that some of the candles are touching the line.

snapshot
Comment:
Log Scale: Extends the convergence to September

snapshot
Comment:
Log Scale: Alternate Support Line

snapshot
Comment:
Log Scale Bounce Targets:

snapshot
Comment:
Sorry guys, been switching alot between linear and log and I forget to readjust the trendlines. Heres the adjusted chart posted last.

snapshot
Comment:
Linear Update:

snapshot
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.