Something I Missed About This Crypto Price Pump
After wrapping up CoinFestUK 2019, I open my laptop and notice something on the BTCUSD price chart that I had previously missed. Because it's time sensitive I had to share it with you asap.
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There are always new ways to look at a subject ... breakout or not at log point of view. How fair are you to own trading strategy if you keep adding extra rules to that strategy? ... mine is averaging acumulating and hodling, every once in a while, once, twice or 3 times a week ... 10 or 25 or 50 euros ... I know this is not advise , just buying random 'numbers' for speculative hope in the future... I guess it should be a alot better than buying weird tulip bolbs in past century for future speculation hope ...
These little peeks into possible manipulation are quite interesting. I wonder who or what entity cares about what seems like a micro-range of BTC trading?
I think I need to gloss over this one lightly. As I'm struggling to get a grasp of some basic indicators, adding log functionality might be basic, but not for me. From your comments, it seems that linear is usually sufficient for you; otherwise you would not have been surprised by someone else pointing it out to you. For you, it's data that gives you another point of view. For me, it's more analytics that can push me deeper into paralysis by analysis. So I thank you for the content, but must acknowledge that it pushes me "out of my lane."
Interesting review from different perspective.
Most of analysis still done by coingy or using Tradingview mainly?
I find that the technical lines drawn are so subjective as to be mere rough guidelines. Having said that it never occurred to me to check the chart this way. Good stuff!
This is a perfect example and reminder to review multiple indicators.
Its good to see that you care so much, that you keep time sensitive info in sight and report to "us" asap. Thanx. I do not expect a quick bullrun but I think that the fundamentals are better positioned than ever before. Since we (again) have organic foods the price for them rose compared to non-organic, but they stabilized. As long as production keeps up with demand there will no bull run on organic foods. The demand for crypto is not as high as production in general. So I do not see a "need" for rising prices. But it is necessary to be able to produce and distribute BTC and ALT at a higher price then production and distribution cost.
I'm not sure what the price would be for today on that line, but good gains today means we're closer
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A very valuable point of view :D
Interesting info. I feel like since most sites show the linear chart it’s good to check the logarithmic chart every once in a while!
Looks like we’re not in the clear yet!
!dramatoken
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