LINK/USDT has made a new ATH today, beating last year's ATH with ease. So where too now? if we take a look at the weekly chart we can see a clear pattern here. This upward sloping channel has been holding strong for almost two years now, making LINK's crazy ride to the moon. Realistically, the price will rise until it hits the upper trend line of the channel....
This is a Log scale chart on BTC/USD from Bitstamp. Utilizing fib channels with 618 extensions, trend based fib time, and regular fib extensions.
Updated Bitcoin price prediction using the logarithmic regression curve and Plan B's original Stock to Flow. This should be a base case scenario for 2021.
Since Bitcoin's insurrection it has been growing on an unprecedented logarithmic scale. According to this logarithmic scale, Bitcoin's realistic resistance should lie around 60k. Seeing the growth of the past couple of weeks, another 50% increase in price should be reachable within two months or less. After hitting $60k, there's much uncertainty where Bitcoin...
This is an idea about the future price of Bitcoin (BTC/USD). Please trade on your own analysis, and share your comments and ideas with me.
We can see back in May of 2017, when we broke out of the green band we went straight to the purple band and bounced between those levels for about 180 days. Now to January 2021, we have broken out of the green band and we are approaching the purple band. Nothing is certain, but bitcoin tends to follow these regression bands.
simple logarithmic chart showing possible bitcoin price
Check out the symmetrical triangle that has been formed on the weekly timeframe. My opinion there is good potential for swing trading as rsi comes into contact with support/resistance, and then playing for a possible break out either up or down when the support or resistance on the RSI symmetrical triangle is broken
I'm a crypto newbie, so the pricing relationship comparisons across time are very curious to me. Similarity of currency patterns over time on a linear scale, and crypto patterns on a logarithmic scale sort of make sense to me. But the similarity is more than I would have expected. How long can crypto maintain the logarithmic growth? Will the (linear,...
ANKRUSDT am i seeing this correct ? a cup and handle and if so did i put right ? the amount of pips/ticks shown as prediction. if this pattern is right then big chance it goes up. if it is right and the pattern fails be sure to set a stop-loss. put as i see it.. its time to get on the train/space shuttle/bus/rocket and hope there is a lot of fuel to make a...
I'm Just sharing what scenarios I think we gonna see in the next couple to 6 months. Attention, the drawings are not in the time scale. After this correction, if Bitcoin rises in a logarithmic scale, we gonna be very very happy. Good luck and good trades for all of us!
Weekly Log Chart I am very bullish on cannabis stocks right now. CBDS broke out of the long term down trend on the log chart. Entry price - $0.63 Stop Loss - $0.60 Price Target 1 - $1.33 Price Target 2 - $2.53
Likely target area coloured in green. It seems we have a bullish channel pointing to the 140K level on BTCUSD. It's a mid/long-term prediction. We could be there very soon as it's crypto haha. Altseason coming! ;)
While BTC has dipped back down recently, we are still very much on track. In fact, we are still fairly far ahead with regards to our "fair value" logarithmic regression support band, fit to "non-bubble" data. This market cycle will likely be a long one, so buckle up for the journey, and maybe one day BTC will flirt with the upper "peak" logarithmic regression...
Given that the order of magnitude increases, as well as market cycle length both remain constant, our blowoff-top of $318,000 USD could come as soon as December 2021.
Using a non-linear logarithmic regression, we can project the price of Bitcoin towards the future. Seems consistent with the Stock to Flow price and reveals much more upside as time goes forward.
Here is a very simple chart of BTC on the weekly time frame in log format. I think the second all time high will be in November 2020 through February 2021.