Bitcoin Channel Surfing (WEEKLY)

14 mag 2019

just a simple look at BTC's price-cycle using trendlines and historical price channels... I originally posted using 3D BTC chart but decided the 1W BTC chart was a lot cleaner.

10 lug 2019

Trade chiuso: obiettivo raggiunto

will change my view if price breaks out of the main channel, but as of now, will be looking to buy at the top of the middle channel and the redline support... if those don't hold, I will look at the bottom of the middle channel and bottom of the main channel as the last support. these long term trendlines seem to be respected, but a break out of the channel at this level could lead to a parabolic price run.

15 lug 2019

Nota

price range for the next two weeks for each of the channel support lines:

$9100-$9200 (top of middle channel)

$8000-$8100 (orange line)

$6400-$6500 (bottom of middle channel)

$4500-$4600 (long term channel support)