Bitcoin Forum

Economy => Speculation => Topic started by: zby on November 18, 2013, 11:10:59 AM



Title: Log trend channel
Post by: zby on November 18, 2013, 11:10:59 AM
There is a theory that there is a trend channel on the log chart. The upper border is here:
https://dl.dropboxusercontent.com/u/14998273/goxall.png

 and we are just about to break it.

I remember 2011 on the way down there was a similar trend line on the log chart but from the bottom and some people believed it was important one and the price broke it down with ease.


Title: Re: Log trend channel
Post by: N12 on November 18, 2013, 11:13:16 AM
Already broken if you draw it finely.

http://www.sierrachart.com/image.php?l=1384773162912.png