CaptBlackBeard

Long term sine BTC log scale

Long
BITSTAMP:BTCUSD   Bitcoin
3D look at BTC using sine from fib resistance squared. Both charts have different highlighted sine plots but both show a certain flow compared to price action. The rectangle is centered between two main sine intersections and the 2019 low.
Comment:
You can see the diagonal trend line is acting as a form of resistance. When will time force it through and up? Will it continue to build a wedge and push down until time meets price?
Comment:
A strong bounce of the recent drop to red line would be perfect. Next goal would be breaking through overhead sine (next level up)

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