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...
While everyone is screaming, "Bubble Popped!" I will be happily buying up your panic. Based off my TA it looks as if were still in the accumulation phase or at the first sell off. 2018 is the year we see pure Euphoria friends. Does that mean a $1M BTC? We shall find out wont we? ;)
Parameters: Trough: ~$970 Peak: ~$19,600 Fibonacci Time Zone interval: 8 days Gann Fans: Based upon a 45 degree angle, trough to peak and peak to trough Fibonacci Circle: From trough to peak Scale: Log, no auto scale, 20/20/20 margin Price/bar ratio: 0.0047485 --- --- --- Predictions On the Fibonacci time zone, we are shown dramatic price changes per...
I've noticed that the current downtrend of $BTC can be either two things: a downtrending channel or a falling wedge. I obviously prefer the latter, but I cannot chart a falling wedge that I like. All the tools used are based on the Fibonacci Sequence, sans the Ganns fans. I usually use indicators such as overlaid indicators and RSI/OBV, but I felt like all...
Whether you are HOLDER since 2012 or you bought at 19K top, you cannot stop the Wave. I think its going to be the multi year bottom near 6k when I will start buying truck load. The upside target can exceed $100k in few year span but I won't be surprised to see $40-48k by year end
After this major correction and FUD gone, the road to 30k is clear. I predict we will hit that target in this year before Q2.
Considering everything, I am not selling BTC for fiat even at 30K. Thank you technological utopia, this is getting weird. RSI really grabbing my attention now.
Note: Both of these charts are linked, so the coordinates for the lines shown above are the same. Note the difference between arithmetic scale (left) and log scale (right) in terms of trend line support (black & blue lines). LTC has been consolidating in a nice bullish flag for about a month and these trend lines could be valuable in determining if there is a...
So im starting to hear a lot of bold price predictions for xrp in the wake of everyone anticipating a coinbase add. Adding the largest US-based exchange with an XRP/USD pair would be huge for this coin; there are few reliable ways to convert USD directly to XRP and should coinbase provide this, it could be huge for XRP. Additionally, XRP has several hopeful...