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Bitcoin LOG Scheme

Bitcoin (BITSTAMP:BTCUSD)  
fract Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Supply and Demand Fibonacci LOG
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trendanalysis supplyanddemand fibonacci log
Recently, I got too many requests to make a long-term chart in log mode to project the overall trend with fibonacci relationship.
  • Measuring local low as 0 and local top as 1 to get a sequence based on that specific wave configuration.
  • Fib channel is made by connecting ATH with previous bullrun top and dragging it to the lowest point.
  • The combo gives us the ability to see general demand and supply zones and to take actions accordingly.
Comment:
Bitcoin ATH
LOG DISABLED
Comment:
0.382 level!
Comment:
Upd
price at 0.618
Comment:
Demand zones. [Accumulation till intersecting upcoming fib line)
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