Bitcoin BTCUSD – Short term + Long term trend – 5 Sept 2018
September 5, 2018
Hi guys here’s your regular dose of technical analysis & trading. In this video I will be doing technical analysis on BTCUSD, as usual updating from my previous week TA. Also looking at the long term trend.
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you mean this ?
Yes, I saw that chart somewhere, I think on twitter. But I think my channel is more accurate, the reason is because my support line touches all the bottoms, while the other chart doesn’t, that’s why I think my lines follow the trend better & therefor could indicate how the trend will continue more accurately. Also there’s no way to know the 20k was long term top or not until the next top shows up. But of course, this is all speculation. Probably non of the 2 charts will play out exactly as they show.