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.
Given that BTC reached a "probable" dynamic roof, this could lead to a correction in the price and later keep on on the bull run. Nevertheless this could be a not so small correction.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
Given that BTC reached a "probable" dynamic roof, this could lead to a correction in the price and later keep on on the bull run. Nevertheless this could be a not so small correction.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
Note
I didn't mention a timeframe for this correction because I don't know, I'm just pointing this top limit as a bounce effect.
Find some of my resources here:
heroselohim.notion.site/Cryptos-a4564cce70aa45f4b0cbd9823e691f80
heroselohim.notion.site/Cryptos-a4564cce70aa45f4b0cbd9823e691f80
Related publications
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.
Find some of my resources here:
heroselohim.notion.site/Cryptos-a4564cce70aa45f4b0cbd9823e691f80
heroselohim.notion.site/Cryptos-a4564cce70aa45f4b0cbd9823e691f80
Related publications
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.