spaznull

BTC channel 1 year anniversary

BITSTAMP:BTCUSD   Bitcoin
Here is the BTCUSD channeling one year later. Formed between an inside pitchfork from Sept. 11th, 2017 - Feb 5th, 2018. The 0.75 inside range has held true and helped me for a year now. I have marked yellow dotted supports for the next however long it stays within this direction. All the way down to the $700's area. The blue solid lines are old up trends from previous movements. More can be drawn to point potential future movements. Nearest being Feb 11th area. But that is kind of a stretch. Feel free to use this where you see fit. My outlook will change on this pair when this channel fails.
Penafian

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