heroselohim

BTC curved channel and trajectory

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC and ETH are trending up and altcoins too.

This new chart points to a stronger bull run compared to my previous direction vector. My old chart points to a 75k limit, but it could be higher.

Just following the acceleration of TOTAL2 and altcoins this looks like a general break into another segment for the BULL market.

This factors usually point to the LAST TRENCH of this cycle. Usually the last block is the fastest and more volatile.

MAGENTA CHANNEL
This is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters.

Just sharing my personal charts for learning purposes only. This is not an investment recommendation.

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