The log chart shows me that we've still got momentum upwards. RSI has given us space again. Boillinger bands squeeze and not much of a retrace on this step. Short term trendlines have not been broken. I think we have a clear line to 3.37$.
I am using the logarithmic scale here as the lines between peaks and bottoms looks much crisper. A channel if you zoom out. This makes me think the chart is best interpreted with a log chart. Fib levels agree with me on this.
Yellow lines are previous channel lines on the normal chart.
I am using the logarithmic scale here as the lines between peaks and bottoms looks much crisper. A channel if you zoom out. This makes me think the chart is best interpreted with a log chart. Fib levels agree with me on this.
Yellow lines are previous channel lines on the normal chart.