Logarithmic downtrend ending soon
Mis à jour
The downtrend shown in many cryptocurrencies (used Dash here as in example, as it is a popular altcoin) appears to be a LOGARITHMIC one rather than linear. Drawing a triangle over this downtrend does not apply.
As you can see, the logarithmic curve is flattening indicating a possible bottom process. In addition, this is how the 2014-2015 bear market treated this coin, ending when the logarithmic trend was broken.
As you can see, the logarithmic curve is flattening indicating a possible bottom process. In addition, this is how the 2014-2015 bear market treated this coin, ending when the logarithmic trend was broken.
Note
Still holding the trend even with bitcoin breaking 5.8k support
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.