BLX Analitics 0.02BTC on a macro scale (weekly logarithmic)
Seems to have found, by stretching its cycles over time, an interesting new resistance in its bull markets.
It seems that the 100MA on this chart is beginning to take on real relevance as these cycles have stretched out.
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BTC en escala macro (semanal logarítmica)
Parce haber encontrado mediante el estiramiento de sus ciclos con el paso del tiempo, una nueva resistencia interesante en sus mercados alcistas.
Parece que la 100MA de este gráfico empieza a tomar verdadera relevancia al haber estirado estos cilcos.
Le prestaremos más ojo como soporte y resistencia para las nuevas formaciones del gráfico,
las mayores escalas siempre descifran las verdaderas intenciones y fuerzas de un mercado.
LOGARITHMIC
Understand Commodity Price Speculation using a logarithmic scaleThere are two main reasons to use logarithmic scales in charts and graphs.
The first is to respond to skewness towards large values, cases in which one or a few points are much larger than the bulk of the data.
The second is to show percent change or multiplicative factors.
The fib channel you'll want to keepTake the 2019 low and high as well as the late 2020 lows (not the covid drop) and you'll get this amazingly well-respected fib channel. Particularly the weekly chart's candle closes and wicks line up more often than not using your standard fib numbers. Happy trading! Note: this is on log scale
BTCUSD Weekly Bear Flag!Looking at BTCUSD on the Weekly TF (LOG) It was apparent that LT Trend touch attempts were made by the Bears after ATH levels had been locked in.
With the current Weekly Bear Flag formed within the current Ascending Range, I am questioning whether another LT Trend retrace is in play.
Noted there is some strong Support to break and hold BUT as former ATH (20k region) has yet to be retested since it broke in DEC 2020 and LT trend has been untested since MAR 2020 I feel it is a great target if Range & Former Support is broken.
RSI is rallying off Short Term uptrend but if this breaks then the last sign of momentum support is off the 42.00 region as this has proved pivotal in years past.
If the current range holds and the Bear Flag is to fail then I am looking for another rally within Weekly Range back towards ATH and Upper Range Resistance. RSI will break above the 50.00 Midway and break its LT Downtrend.
Descision time is close IMO. What are your thoughts on the LOG Scale?
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
BTCUSD Price Sitting on Bottom of Swing-Low Trend Line BUYThis is one of the best buys I think I've ever published; price action over the last 3 months wicked down to the red line we see here and quickly bounced; good support at this zone; going up 3k a month from here on out; at least that's my prediction.
Does it break this log scale chart?
My fundamental of economics doesn't suggest that it will until there is not exponential fiat currencies in circulation.
Mass adoption will be accelerated when 10% of crypto market cap is 25 trillion and half the worlds' wealth is equal to 250 trillion dollars. We still have 100x to go from here before it breaks this log chart.
$100K Price Target / Log Chart for BTCBitcoin goes through multi-year bullish cycles on the logarithmic chart before returning to its long-term support.
According to the chart, we can assume Bitcoin will reach $100K by late 2023 if the trendline continues.
It also appears that there is a bullish divergence, with price continuing to trend upwards while the MACD seems to be printing a new bottom and beginning to curl up again. This typically signals that a huge upwards move in price and momentum is expected.
NFA, just my opinion.
IoTeX - To the moon ? - based on log chart channelEverything is in the chart...
Disclaimers:
!! This is not an investment advice and you shouldn't follow this setup !!
!! Never invest/trade with more money than you can afford to loose !!
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That's pretty much it! don't forget to ask if you have any questions!
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-Credits to xtekky-
BITCOIN (BTC) DAILY POST (1/2) - LOG CYCLE (REPOST)
This is a repost of my previous post that got taken down because I was "not respecting the house rules" - sorry for the inconvenience caused.
See for yourself if my scenarios worked out !
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- based on cycle and log spike support/resistance lines
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$BTC.X worst case scenarios 😬$BTC.X worst case scenarios
Some of you know that I like to go deep... 😬
Look… I’m not saying that Bitcoin will get all the way down there… BUT this is the logarithmic channel and that’s the trendline in blue. I'm just reading the technicals.
Make your own assumptions here, but I know that if this were to play out I’d be ready.
The purple 180EMA has also been a consistent support so I would be watching there as well.
I still have an open buy order at 32000.
And 30374 is support.
GL and I’d love to hear your thoughts here…
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
Have fun, y’all!!
(\_/)
( •_•)
/ >🚀
Bitcoin at FIB support on Log Growth CurvesBitcoin at 14.59%-FIB support on Log Growth Curves - green line
This level was more resistance as support in the past - if we break through it might get hard to recapture.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
REALISTIC MACRO PICTURE FOR BITCOIN - AND THE DECISION POINTThis chart gives a lot of macro technical outlook!
If we mark the CYCLEs on the BTC over a log monthly chart, we can see that they connect and mark the top pretty good. This is of course common for all.
Now, let's add the 3 more ARCs to mark the bottoms. Now, it starts to get a bit out of common.
When we look at it, everytime after the TOP, BTC dropped below the ARCs and then swinged above it as a reaction. Then retraced back to 1.0 FIB or a bit below and later on started a parabolic run.
I know that most of the people doesn't want to accept that the bull market is over. However, let's apply the same here for a moment. Currently, we are under the ARC. We may even see a wick below to 26-27k region but hold above and then start swinging back above the ARC and push all the way to 55-60k. At that point, just as everyone is expecting an ATH, Whales (unfortunately that's what they do) push back again to 30-40k region, touching 1.0 FIB, consolidate there for a while and then start the next parabolic run. That will take us to 140-150k range in the beginning of 2024.
In this context, we will never close below 30k on monthly chart but will have a prolonged accumuation/consolditaion period for a couple of years. I again know that this is frustrating but this chart is signalling that. The battle with the central banks and IMF will not be easy Friends, it will be the greatest of all.
FOR THE GOOD NEWS;
As we come to 2024 with a price range around 140-150k, after the NEXT HALVING around Jun-Jul 2024, BTC will make a decision. At that point, i think pretty much every battle will be won against regulations and central banks/IMF. Adoption will explode!!! These will trigger a NEW ''S'' CURVE START and we'll break the expected cycle top and blast all the way to a Million (or more) mark.
Let me know what you think
VET/BTCDirectional Bias: Bullish
Pattern Type: Non-Directional
This pattern is comprised of three phases and looks a bit simular to a frying pan. There is the Lead-in Phase, the Bump Phase and the Uphill Run. The lead-in phase is the handle of the frying pan before a larger decline. Following the decline, The bump phase forms as the price forms a flat or rounded bottom. The uphill run phase is after the breakout. For this type of formation to be analyzed an arithmetic scale will need to be used.
Volume description: Volume is typically high at the beginning of each phase and decreases throughout each phase.
Measuring technique: The price target is the descending trendline drawn across the hihgs in the lead-in phase.
A view on BTC logarithmic curves | 150K or 25K ?If we look at the entire history of bitcoin with the logarithmic curves we can see that the volatility has reduces drastically compared to previous years.
As the bitcoin adoption increase, it becomes more slower and harder for BTC to break its new barriers and hit new ATH. In 2013 BTC reached its peak quickly compared to 2017, and similar to we can expect the a delay in BTC reaching its new peak in 2022.
If BTC continues to fall then we can expect it to stay above $25k LowDev price.
However, BTC $150k is around the corner and it is expected to touch the HighDev ($150K+) soon. BTC new peak is imminent but it's just about how long will it take.
I personally think that BTC will reach it's new peak around the beginning of Q2 - 2022.
Let's wait and watch.
Hexa
Chart Credit: coinglass
A possible 280-300k bull market top in MayLooking at the monthly log chart on bitcoin I have pieced together a bit channel that has on the monthly alone over 13 significant touches rom price action. Based on Plan B’s prediction of 280k or so this bull run plus many of tech dev’s charts that suggest we could reach a target of somewhere between 270-300k, I used my own knowledge of basic TA, to assume that we could reach a bull market top by hitting this .5 Fib line (in green) around May at a price of around 280-290k. This lines up perfectly with the measured move from the current bull flag price action is in on the monthly here, however I’m much more confident in the measured move technique on a linear chart instead of a log chart. I have seen many patterns on log reach the same type of measured move that a linear chart would offer so I think it is definitely very probable we see a breakout that hits this target. Of course we could hit this target even and somehow still not be finished with the bull run but I have a feeling i we go this high in may it probably will be the top. I will also be paying close attention to the daily pi cycle top indicator, as well as the RVI, RSI, Stoch RSI, NVT, and MACD on the 2 week. I believe all of these indicators in aggregate should give us a fairly clear idea of when the bull market is over. I initially thought the next fib line above the green one i currently have the bulls eye placed on would be where we topped out at but now believe its more likely to be the .5 green fib here as topping out at the one above it will lead to a end of bull market price of over 400k and that seems a little too extreme for this bull market. Of course crazier things have happened but for now I think a top at the .5 green fib is more probable. *not financial advice*
Hold The Line! The BTC upcoming weekly close..Bitcoin currently right at the 50Week Moving Avg. Historically when under the 50Week MA, Bitcoin is in a Bear Market (other than Black Swan event, Covid in March 2020) or downtrend. When above the 50 Week MA, it's an indication that Bitcoin is in a Bull Market or uptrend.
BTC previously back tested the 50Week MA in July @ $31,800 which lead to a bounce up to the new ATH of $69,000.
Currently the 50Week MA sits at $47,700. At the time of writing BTC sits @ $46,845. So the question is can Bitcoin hold the line? This weeks close will be a battle!
CRO crypto.com going parabolic? Fibonacci levels CRO crypto.com going parabolic???
***PLEASE THUMBS UP AND COMMENT BELOW***
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Here is a quick logarithmic chart to get an idea of where to get on and off from this fast mover...
Clear uptrend channel visible from this angle and using a Fibonacci which so far the price bounced off the 61.8% level after Black Friday market antics brought it down to around $0.60
Huge fundamentals with the Stables centre sponsorship will keep this coin bounding high, any negative news will hurt the price giving great opportunities to get on this fast and wild horse
Let's see if some speculators are correct into the next years using this weekly log chart, time will only tell...
Off to DJ at CoinFestUK later today, catch u all after the bloodbath, looks like lots of pain today in the markets
majorlee
EGLD - Elrond, yield farming, MEX & into 2022**Thank you for checking out my chart, please 'Thumbs Up' if you like it and support me below by using my links x **
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EGLD/USD on a weekly chart using a Fibonacci trend extensions on a logarithmic chart
We see a clear strong support trend line over the last year, recently EGLD has kicked off due to potential gains on its Yield farming using MAIAR app, harvesting MEX which is going to be the coin for its exchange platform has seen a huge rise and fall in prices of Elrond recently and also some due to btc movements
Let's see if this can hold into 2022 and reach that $1k+ level at some point
thanks for reading






















