The 3.618 measured from $0 to the 2013 ATH & The 0.786 measured from $0 to the 2017 ATH $5 difference.... Interesting, right? -- The big question on all our minds, where is the bottom? Unfortunately there is no correct answer. The market makers will force sell offs until they can't force any more. Then, and only then, will price reverse. We speculators will...
Hello dear friends! I hope you are doing well. I've been laying sick in my bed for most of the week, so you haven't seen much TA from me lately. I'm starting to get back on my feet again, so let's kick off with a dual chart on Bitcoin / US dollar. This Bitcoin chart is all about perspective. The chart on the right is using the linear price scale, to which...
Another long term log chart, this time it's ETH - which, like BTC, is mostly a continuation pattern of bull flags going back in time. How you choose to determine the current trend is up to you, a series of bear flags? Or one big bull flag?
Where are we on the Bitcoin/crypto journey? This log scale chart roughly guesses at different stages on the Gartner hype cycle. We might still be on the way up to the peak of speculation, we may have peaked, and the chart also imagines that this asset class might continue to grow more modestly than it has previously done, up to September next year. And maybe...
I added another alternate scenario for BTC and how it could make new highs within a continuing III wave. I'm still cautious until an impulse shows itself and busts through the annoying downtrend line that's been stopping the bull run in it's tracks. The primary count is in white, and the other alternate is in yellow if we get that break of the trendline Will be...
Just a general idea of how this could work. 1.0000.0000 BTC = 1.000.000,00 USD COINBASE:BTCUSD BITFINEX:BTCUSD BITFINEX:BTCUSDLONGS BITSTAMP:BTCUSD
Note : this is not a recommendation to buy or sell, it is just my idea.
Macro scale is important for the sake of shaking out your emotional mindset. Read the chart. All is well.
Viewing the ETH/BTC chart, I see a clear fractal with a bounce off of the same fib level on it's last major bull run also a golden cross setting up. Looking at this fractal we can see there is a possibility that market sentiment is changing back towards Ethereum in comparison to Bitcoin. It could mean further capitulation for BTC, so we may see ETH not gain much...
Have input price and log support and resistance (log is in broken lines) for ETH. Would wait to buy at circa USD420 in April earliest
This is really interesting to me. Trend lines change position depending on whether you are in log or linear scale. The trend line from the All Time High hits in a different place then the linear version. Anyway, I picked a spot (a dip) right about Aug 24th, 2015 as a starting point for that white trend line. Even though it wanders sometimes above and sometimes...
Hello everyone, i wanted to provide you with another way to think about BTC right now. I've used log scale so everything can be seen. We can see what the past has given us and decide on what the future will hold for us. I just want to post a bullish thought in the sea of red ones right now. Hope you pick your trades carefully and look at both sides. Stay objective friends!
Rough trend analysis, from the start od 2017 monero seems to be moving inside two parallel channels. support trend line turned from red to steeper, blue. upper trend line of the blue channel proved to be resistance throughout the whole 2017. so far xmr-btc pair performed very well and it's important to watch it because it will probably determine through which of...
It turns out the log scale is holding precedence over normal btc charts at this current time. For what seemed to be a very optimistic time for everyone who thought we were out of the downtrend on the regular scale, has quickly realized things are not so simple. Btc has more falling to do, the V shape recovery that we have been doing has been something out of a...
Some short term thoughts as we approach strong resistance on the log chart
So MU has been insane this year and has been one of my most profitable picks, however, I try to limit greed and sold when my stop losses were triggered, seeming like a decent move for opportunity cost. However, something big here seems to be forming. Looking at a logarithmic chart on the daily time-span, we see a fantastic channel forming. This stock looks poised...
Based on a logarithmic scale and previous price trajectory I am optimistic about the price potential of ETH, BTC, and LTC by mid-2018
XRP having grown so much over the past few days, weeks, month is actually pretty difficult to study. We can have a better view of it's price action and possible movements on the log scaled chart. Let's dive in. It seems that XRP has been in a downward trend since it's all time high, as expected and much in the same way that the whole market has. XRP broke...