Browse Stacks: Trading: Currencies: slopechart_$BTC.jpg

slopechart_$BTC.jpg

My first go at technical analysis on a wide time horizon for Bitcoin. Fun trying to pick out different features, I am sure I may have mis-categorised some of them, happy to recieve feedback. On this granularity, I think Bitcoin may break out of the ascending triangle to the downside. Interesting that the Fibonacci fan based off the low around Sept 20 has correlated with areas of support, even rightnow it aligns perfectly with the ascending line of support

Image added via SlopeCharts
slopechart_$BTC.jpg

Comments

springheel_jackspringheel_jack
The short term is a bear flag rising wedge that is giving serious thought to breaking down into a retest of the low. 7/12/22
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frazmac

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