benji13

BTC/USD Linear Vs. Logarithmic Scale

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
So this is the difference in scales. One is bearish and the other bullish . On larger time frames you really have to look at log scale to see hidden pivots , as you see here. I've done a few charts that show hidden pivots and trend lines you don't see on linear.
How can you change from Linear to Log ???
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benji13 kennethworkfile
@kennethworkfile, bottom right hand corner right above "publish idea"
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Both are bearish. We're still in downtrend. Big dump happened yet the bounce is weak. Traders are waiting for sub 9k.
+2 Reply
benji13 djukic.nebojsa
@djukic.nebojsa, the linear is bullish because it's outside of the channel, but of course that could have been the fake out before dropping back in it.
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Very nice Benji. thank you.
+1 Reply
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