IOTX curved channel and trajectory

16 ต.ค. 2021

This is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters.

I know that the uptrend looks like magic and doesn't seem to have enough data for such a strong bull movement, but the last bull run was enough to create an angle degree that allows me to trace this channel. Combined with some tokenomics seems like a probable scenario for me.

Just sharing my personal charts for learning purposes only. This is not an investment recommendation.