BTC 12 year log trendline on weekly price candle - Log Chart

7 de fev. de 2021

I have added an additional parallel trendline to the original technical analysis (Jan 5 2021). This is to show that price is paying attention to the trendlines at this slope and intercept. I will include/attach the 8 hour price to show a detailed look at the price and the trendlines. At this very early stage it looks likes the market in subconsciously paying attention to these trendlines particularly between Jan 2015 and May 2017. Building the trendlines between Jan 2015 and May 2017, was the very first trend line and is the basis of my technical analysis. This original trendline seems to model what I believe to be the most important price actions. The trendline below Jan 2015 and May 2017 might not be.

I am looking for feedback on my trendline because as I learn I realize that I need to understand how to find the most important price actions that dictate the investors price sediment on bitcoin later.


Pa