BTCUSD: Turning a 7 year Support into Resistance in 2018

In log scole, BTC has been trading inside the uptrend channel from 2011 to 2018, after which it started to go sideway until today. At the same time, turning the uptrend support into a resistance.

Intereseting to note, a price vol bearish divergence formed from 2016 to 2018, which we witnessed the epic run to peak and equally epic fall from there.

#BTCUSD #logscale
BTCUSDChart PatternsTrend Analysis

Również na:

Wyłączenie odpowiedzialności