Leverage or not doesn't make a difference to me. I just find more than enough reliable moves in the FX market at the moment.
Good morning all. Today is another little check up on Bitcoin . I am still holding a long here at this demand zone . We can see the whole picture here in this chart. Do you believe in the power of 3? What I do know is that price is now trading above the 100 moving average, we are moving above the long standing downtrend line, so is the bottom in? With recent troubles around the world Bitcoin has had it's chance to break lower but hasn't. Recent trading volume for Bitcoin futures peaked back above $1 Trillion for September, so hopefully we will see the increase continue. Keep holding for now the next couple of week's could tell a story. GLIYF
Why do you think that the trend line drawn from the November high through the March high ends up in two different places? Yours at 20K and mine closer to 30k?
I would say because yours is on a weekly chart, and mine is on the Daily. As we can see your trend line doesn't even touch where price visited on the chart it's hovering above, but where as mine on the daily price touches, therefore i would presume differentiating in different results
I wouldn't think weekly or daily would make that much difference. Or would moving the line down rather than hovering.
I'm not too sure to answer your question, maybe price feed of the liquidity source used? I took a look at the website you used for your charts, and if i am honest it doesn't look to well constructed. Trading view is much more detailed and less pixelated.
Not sure how are you doing that, one thing i can see is your trend line is cutting right through the candles. As you can see on my chart it lines up perfectly
I guess it's an imperfect science. Have you tried redrawing your trendline on tradingview? It's hard to see where you are starting your line.