Users: sandunes: slopechart_$BTC.jpg

slopechart_$BTC.jpg

BTC linear for fans of Elliot/commodities. 

Aqua channel is of my own rules and has numerous anchors way back into the past. I guess at this point it has become a linear regression channel or something along those lines. 

Sticking to social trade because I think no matter how you chart, this sucker has broken down through just about any trendline you could draw in the last 18 months excepting very short time frames. In logarithmic all that remains for support is dark blue channel bottom. 

Into the crucible we go.

Image added via SlopeCharts
slopechart_$BTC.jpg

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