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Donchian Channel And A New Bitcoin All-Time High
The Donchian channel is a very basic tool and functions somewhat similarly to the Bollinger Bands to a degree. Past bear markets started when Bitcoin lost the median. This time, Bitcoin has successfully defended the median, meaning that another push up should begin soon.
CoinChartist is run by Tony "The Bull" Severino, CMT, a technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!
CoinChartist is run by Tony "The Bull" Severino, CMT, a technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!
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