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Growthcurve

EDUCATION: Logarithm Growth Curve Hello, dear subscribers! Today we are going to examine very simple and intersting instrument which is applicable for the global price movement analysis. The logarithm growth curve is based on Fibonacchi retracement levels. As it is known the Fib retracement based on swing high and low levels. But in case of growth curve we use the logarithm scale to take in account the periods of the fast growth (to the moon periods). The price usually faces with difficulties to break through the Fibonacci levels. We can notice massive pullbacks near these levels or the price growth in cases of breakouts. Let's consider the current situation on the Bitcoin market. There is a rejection of 50% Fibonacci level. Now we should observe if the price break through this level or the drop began now. If the first scenario occurs we can see a massive growth to 61% or 100% Fibonacci levels. DISCLAMER: Information is provided only for the educational purposes and should not be used to take action in the markets.
BITSTAMP:BTCUSDEducation
by Skyrexio
6
Virus spread/Bacteria poluation/Ponzi scheme lifecycleThis is the most important chart of the next 12 weeks. It always follows a similar pattern. Top can happen at any time, but with the temperature spike of this week (right as europe & usa quarantine started) + lockdown + sun, it could be close actually. One thing is clear: Fear is profitable. Can also lead to huge losses. And at what point does it just become random gambling? Noobs will chase every move, or not cut their losses, or have a losing strategy, get emotional, either way, will get rekt. The top can look many ways, like a weak diagonal up, flat, flat on average, sharp V, etc. Here is the example of a ponzi scheme currently in the stationary phase: Goldman sachs is calling for a Q2 growth number of -10% or something like this heh :D The worse could be over, actually I totally expect the stock indices to have bottomed (for now) and go higher. BTC too. Traders of course secretly wish it gets way worse, and are angry at politicians trying to save lives - allthought their actions do more harm than good and will hurt the economy badly which is good for us. I won't lie, like I many I have dreamt (literally) of a catastrophy like this a few times. It's not that bad which is a shame, but it is something. We are not here to look like caring people, we are here to make money at other's expense. What a wonderful period we are going through ^^ Every one is so afraid, terrified, reverting back to full reptilian brain (as opposed as only 99% usually), their primal fears are emerging, they do not make rational decisions, they would sell an obvious bottom at all time low Price to Earnings, allowing non-reptilian brains ("polite" people call it non-emotional) to make big profits. Also moves are super violent and one sided, barely any retrace. HUGE rewards to risks. Fear panic death and misery is very profitable. And looks like it could get worse and much more people could get sick, lose their job, et caetera. AWESOME! For the next weeks the driver I guess will be this chart here... Let's check back on this every few days.
CEducation
by MrRenev
10