An idea with a linear chart as a noise removal technique.
First, let's address the term "Noise" , in a broad analytical context, noise refers to information or activity that confuses or misinterprets genuine underlying trends.
If we strictly speak in a technical context, noise is simply all the price data that distorts the picture of the underlying trend this...
BTCUSD Ascending Broadening Wedge/Falling Wedge 8.1k-8.6k Bottom
- Two Alternate Ascending Broadening Wedge Formations Drawn with decline leading into bullish Falling Wedge formation.
- Breakouts downward of ABW at ~10400 or ~9800.
- Per Bulkowski, average decline of Ascending Broadening Wedge is 17%
- Targets ~8640 and ~8140, respectively.
Hello traders,
Here is a slight about on Bitcoin price action. Where if the price breaks the "ICE" we are heading to:
First target: $7450
Second Target: $7000
Best of luck :)
April 25 Dropdown from 5500 to 5100
There is some similarity between 2017 and 2019 in the way in which we bottomed from $5k->3k 2017 and broke back to $5k.
I Have checked more than 24 Charts of #BTC today. Most are in a mindset of history to repeat itself.
Charts history confirms that we are in a look-alike scenario like 2017 : 2019 in the way we bottomed...
If bitcoin repeats its history with the fall of 2014 (-86%), it is possible to return to a minimum of $2627(-86% of the top) in 2018-2019.For further growth requires compression of the spring.
