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LOGARITHMIC

Fib Circles for LifeThis is my first educational post. This is not long or short. This is just fib circles. This tool is great for non-linear support and resistance. you can also draw horizontal lines at the top of each circle to make your traditional fib extensions and retracements. these can be used on any timeframe just like your standard linear fib ext/ret The biggest rule of thumb is to draw this shape on a 45 degree angle. you can check angles with the info line if a swing low to high in any area of the pa looks closed to 45 degrees. Fib circles are magic. and colorful. and excellent for logarithmic chart. try for yourself!
BITSTAMP:BTCUSD
by BallsOfSteel32
1
Avax confirming the log channel breakout.You can see on this log chart that Avax has confirmed a breakout above the yellow channel. On its way to the breakout target it has los broken above an inv h&s neckline. This is a very asymmetrical inverse head and shoulders pattern as we can see the right shoulder is extremely tiny and the head appears to be Siamese. All the same if this inverse head and shoulders pattern also validate the breakout target for it is around $56. *not financial advice*
BINANCE:AVAXUSD
by DrDovetail
$BTC | Bitcoin Logarithmic Cycles and 2024 BullrunIn this chart, which I have shared previously in August 2022, I explain that we had reached our bottom back in November 2022 and would likely put in an accumulation range (green rectangle boxes) over a period of time - this has now happened exactly. I don't mean to post this to prove I was 'right', I do it because it gives some clarity to those long-term investors (opposed to intra-day trading), that we are in fact on the right track to a fresh all time high in 2024/25. Bitcoin briefly traded outside the lower support band of the Log curve, which was worrisome for a while, myself included. However, if we stuck to the technicals and price action, we would have quickly realized it was a deviation (which has happened before) and would prove to be the next best opportunity to get involved and buy long term positions. This chart does not mean it is straight up from here, as in 30k Bitcoin in the near future is not off the table, in fact I think it is very much ON the table. If you're a long term investor, you don't care. You dollar cost average in at those corrections and if we get a capitulation event, ensure you have capital ready to deploy. The reason why I can confidently do this, without worrying about intra day price movement, is I know where the final destination is. Price may hug the lower support band of the Log curve and chop around in the green box, but on average the price will be elevating itself in my opinion, such that the high time frame, macro weekly, monthly) 100/200 moving averages will be in an uptrend from here on out. I like this chart, if provides clarity and perspective, if you don't day-trade then this is the only chart you need for Bitcoin. Vatsik
BNC:BLXLong
by cryptovatsik
2
Bitcoin - BTC Logarithmic RoadmapHi Traders, Investors and Speculators of Charts📈📉 I love the logarithmic view of BTC. It gives a clearer indication of price increases alongside growth. Although inflation and value factors aren't physically calculated into the price, seeing the upwards curve makes more sense from a "holistic view" that would include things such as growth and inflation. A logarithmic chart view displays price changes as a percentage of the previous price . This means that equal vertical distances on the chart represent equal percentage changes, regardless of the absolute price level. This is in contrast to a regular chart view , which displays price changes on an arithmetic scale. This means that equal vertical distances on the chart represent equal absolute price changes. With help of great technical indicators, we can use the logarithmic chart as a sort of "roadmap". The logarithmic trendline indicator (log trend channel) shows possible support and resistance zones. The logarithmic moving averages show possible support zones, and help identify if the price is generally trading bearish (under) or bullish (over). Logarithmic Moving averages / support zones : Just for interest sake, I mapped out the date-ranges, as well as how far the price fell logarithmically after each top. You'll see the word "clicks" on the chart. This simply indicates the amount of diagonal trendlines it has fallen. By using this pattern-dedicated approach, a commonality is found which may be useful in speculating a future price. Because if not for past history, how else would we speculate on the future? It's interesting to note that the past 3 ATH's (all time high's) are each lower than the previous if you compare it not to price but to the "click lines". Even the fourth high (the one coming next) will be on a lower click-line than the previous, and that estimate is already over 300k. This is a really helpful way to speculate a future high because usually on a regular-view chart, the zone above the ATH is uncharted territory. You could use a Fibonacci trend-based extension , but this is limited to the cycle that you're using for input points. Logarithmic chart + indicators factor in the entire history of the price. What are your thoughts, do you think 300K is realistic by September 2025? _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck BITSTAMP:BTCUSD
INDEX:BTCUSD
by CryptoCheck-
50
🔥 The Best Bitcoin Price Forecasting Tool: Conquer The Market!Bitcoin has been trending up with time. Generally, Bitcoin has been following an increasing logarithmic path, as seen on the chart. I tried to build an indicator that can give traders an edge in discovering long-term trading opportunities. The top red band has been calculated by plot the cycle tops against time, the bottom green band has been calculated by plotting cycle bottoms against time. The yellow area is calculated as a function of the red period, which has historically proven to offer strong support/resistance. Historically, buying in the green area has proen to be very profitable in the long-tern, especially if you managed to sell in the red areas. Furthermore, this indicator can very clearly predict top- and bottom ranges, as well as the time it could happen. For example, if the BTC cycle top would be today, this model predicts that BTC will top somewhere between 102k - 147k. You can find the indicator here:
INDEX:BTCUSDLong
by FieryTrading
13
BTCUSD Logarithmic Growth Trend: 155k Max By Mid 2025 Hello all! It has been awhile since i posted, for good reason! It has been a very boring time within the market (as expected). We are currently in this transition phase between bear to bull market, its the time where everyone walks away filled with fear (bottom of cycle) Save this chart... You'll never look at a "BTC" rainbow chart again. This either works or it doesn't. BTC has followed very distinct cycles since its inception These cycles have been dictated by each halving (as shown) When looked at on a logarithmic chart, two indisputable lines can be drawn (tops and bottoms), there are no other ways to draw these lines and each top and bottom has perfectly touched them This creates a logarithmic curved growth area where BTCs priced has always stayed between Using this model, BTC should top out around 155k in mid 2025 & in the bear market that follows, it shouldn't break below 70k. We will continue to reference this going forward but main takeaway, the macro picture is still perfectly in tact and BTC is moving as it should, with room to move down to 20k This is the time to build and GET READY for what's to come Don't lose sight, the green grass looks to be right around the corner! Please comment and like!
BNC:BLX
by traderview2
3
Bitcoin - Using the Logarithmic ChartHi Traders, Investors and Speculators of Charts 📈📉 A logarithmic chart, also known as a log chart, is a type of chart that represents data using logarithmic scaling on one or both axes. It is commonly used in financial and stock market analysis to visualize price movements and identify trends. The main difference between a logarithmic chart and a linear chart is how the price scale is displayed. You can change your display when you rightclick on the righthand scale-pane where the prices are displayed, there you will find an option saying "logarithmic". Using a logarithmic chart is particularly useful when analyzing the weekly timeframe view. The weekly timeframe provides a broader perspective and allows traders and investors to assess long-term trends and make more informed decisions. When combined with a logarithmic scale, the weekly timeframe on a logarithmic chart can provide a clearer picture of exponential growth or decline patterns over an extended period. This weekly timeframe smooths out short-term noise and focuses on the overall price movement. The logarithmic scale helps accurately represent the percentage changes in price over the weeks, rather than emphasizing absolute price changes. This is important because it allows traders to identify trends and patterns that might not be as evident on a linear chart. As seen on the chart, the log indicator (I'm using Bitcoin LFG Model By ARUDD) even shows a forecast and all of the values are indicated in color on the righthand scale. The logarithmic chart helps traders spot long-term trends and key support zone and resistance zone more easily. By analyzing this chart over a macro perspective( in other words looking at yearly views), traders can identify significant price levels, trendlines, or moving averages that have historically acted as strong areas of support or resistance. These levels become more reliable when observed over a longer timeframe, and the logarithmic scale ensures that percentage changes are given equal weight, making trendlines and support/resistance levels more accurate and meaningful. Furthermore, using a weekly logarithmic chart can assist traders in understanding the magnitude and duration of trends. It helps visualize sustained periods of price growth or decline, enabling traders to assess the strength and potential continuation of a trend. This information is valuable for making longer-term trading decisions and managing risk appropriately. In a linear chart, each unit of movement is represented by an equal distance on the price scale. For example, if BTC price moves from 10000 dollars to 20000 dollars, the distance on the chart is the same as the distance from 50k to 60k. However, in a logarithmic chart, the distance between each price level is proportional to the percentage change rather than the absolute price change. This means that equal percentage changes are represented by equal distances on the chart. This is how you can utilize the Log Chart for your trading: Trend Identification: Logarithmic charts can help identify long-term trends more accurately, especially when there are significant price increases or decreases over time. By using a logarithmic scale, the chart can better represent the percentage change in price, making it easier to spot trends that might be obscured on a linear chart. Trade Setups: Logarithmic charts can be useful for identifying trade setups, such as breakouts or reversals. On a logarithmic chart, these levels may appear as trendlines or horizontal zones that have held significance in the past. Traders often look for increased volume or other technical indicators to confirm a breakout or reversal signal. Key Trading Zones: Logarithmic charts can help identify key zones of support and resistance. These zones represent price levels where the asset has historically found buying or selling pressure. On a logarithmic chart, these zones can be identified as areas where the price has touched or bounced off trendlines. Traders may use these zones to make decisions about buying or selling a stock. Long-Term Perspective: Logarithmic charts are particularly useful for long-term analysis because they can provide a better perspective on the overall price movement. They can reveal exponential growth or decline patterns that might be missed on a linear chart. This can be valuable for investors looking to make long-term investment decisions based on the stock's historical price behavior. ________________________________ BITSTAMP:BTCUSD COINBASE:BTCUSD INDEX:BTCUSD BINANCE:BTCUSD CRYPTO:BTCUSD CRYPTOCAP:BTC BINANCE:BTCUSDT KUCOIN:BTCUSDT OKX:BTCUSDT BYBIT:BTCUSDT COINBASE:BTCUSDT _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We appreciate your support ! CryptoCheck
INDEX:BTCUSD
by CryptoCheck-
25
BTC Has Reached a Long-Term Logarithmic Trendline Primary Chart: BTC's Long-Term Upward Trendline that Has Held as Support since 2013 (Weekly Log Chart) BTC Appears to be holding right at a long-term trendline that has held as strong support since 2013. The chart above is a logarithmic chart, which can help present a more accurate perspective of price action and price relationships when the chart covers a great deal of price history that spans a significant range of values. The decline since the all-time high has been severe, but relative to BTC's entire price history as shown on the log chart, in percentage terms, the bear-market decline looks less severe than it does on the regular, linear-scaled price chart. On the linear chart, BTC's decline has also reached key make or break levels determining whether the recent corrective bear rally will continue or whether new lows will be reached sooner than later. The Fibonacci Retracement levels below must hold if BTC is to avoid—at least in the next few weeks—heading back to test lows or make new lows. If the retracement levels below do not hold or are not recaptured—specifically the .618 R (which has already been broken this past week) and the .786 R, then BTC likely will be testing lows soon. Supplementary Chart A: BTC's Fibonacci Retracement Levels Near Term But the long-term trendline should also be watched. Given it's significance, it may be retested even if broken, making for frustrating trading for bears / bulls alike. Good luck trading this week everyone. Author's Comment: Thank you for reviewing this post and considering its charts and analysis. The author welcomes comments, discussion and debate (respectfully presented) in the comment section. Shared charts are especially helpful to support any opposing or alternative view. This article is intended to present an unbiased, technical view of the security or tradable risk asset discussed. DISCLAIMER: This post contains commentary published solely for educational and informational purposes. This post's content (and any content available through links in this post) and its views do not constitute financial advice or an investment recommendation, and they do not account for readers' personal financial circumstances, or their investing or trading objectives, time frame, and risk tolerance. Readers should perform their own due diligence, and consult a qualified financial adviser or other investment / financial professional before entering any trade, investment or other transaction. CME:BTC1! BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSDT BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD KRAKEN:BTCUSD FTX:BITOUSD
BITSTAMP:BTCUSD
by SquishTrade
10
Trend Following, Guide and StrategyTrend Following: A Comprehensive Guide with a Detailed Strategy Using Three Complementary Indicators Trend Following is a trading strategy that seeks to capitalize on the momentum of financial markets by identifying and riding the existing market trends. By focusing on the direction and strength of price movements, trend followers aim to profit from both upswings and downswings in various asset classes. This article will delve into the principles of trend following, discuss the benefits and drawbacks, and provide a detailed strategy using three complementary indicators, including a custom logarithmic trend channel indicator. Principles of Trend Following 1. Market direction: Trend followers believe that price movements are more likely to continue in their current direction rather than reverse. They look for long-term trends and position themselves accordingly, either by going long (buying) in an uptrend or short (selling) in a downtrend. 2. Risk management: Trend followers employ strict risk management techniques to protect their capital and limit losses. This typically involves using stop-loss orders, position sizing based on risk tolerance, and regularly monitoring market conditions to adjust positions as needed. 3. Market adaptability: Trend followers do not try to predict market movements or rely on fundamental analysis. Instead, they focus on adapting to the current market environment and following the trend as it unfolds. 4. Persistence: Trend following requires patience and discipline, as traders must withstand temporary market fluctuations and stick to their strategy even during periods of underperformance. A Detailed Strategy Using Three Complementary Indicators 1. Logarithmic Trend Channel Indicator This custom indicator is a modified version of TradingView's built-in "linear regression" script that can be plotted correctly on logarithmic charts. It helps traders identify and follow the trend by drawing a central trend line and multiple parallel deviation lines above and below it. It is important to set the logarithmic scale in the settings. 2. Moving Averages Moving averages smooth out price data, making it easier to identify trends. Two commonly used moving averages in trend following are the simple moving average (SMA) and the exponential moving average (EMA). Traders can use a combination of short-term and long-term moving averages to confirm the trend direction and generate entry/exit signals. 3. Average Directional Index (ADX) The ADX is a popular trend strength indicator that measures the strength of a trend without regard to its direction. A rising ADX indicates a strengthening trend, while a falling ADX suggests a weakening trend. Traders can use the ADX to filter out weak trends and focus on strong ones, increasing the effectiveness of their trend following strategy. Implementing the Strategy 1. Identify the trend using the logarithmic trend channel: Plot the custom indicator on a weekly chart, focusing on the central trend line and the deviation lines. If the price is consistently above the central trend line, the market is in an uptrend. If it is below the line, it is in a downtrend. It is important to set the logarithmic scale in the settings 2. Confirm the trend using moving averages: Apply a short-term and a long-term moving average to the chart. For instance, a 50-day SMA and a 200-day SMA can be used. If the short-term moving average is above the long-term moving average, it confirms an uptrend, and vice versa for a downtrend. 3. Assess trend strength using the ADX: Plot the ADX on the chart, with a commonly used threshold of 25 to differentiate between strong 4. Determine the entry and exit points: Once the trend has been identified and confirmed, determine the entry and exit points for the trade. The entry point should be near the support or resistance levels, and the exit point should be near the opposite level. 5. Apply risk management: Use appropriate risk management techniques, such as stop loss orders, to manage the risk of the trade. A stop loss order can be placed just below the support level for a long position and just above the resistance level for a short position. 6. Monitor the trade: Once the trade has been entered, monitor it regularly to ensure that it is moving in the desired direction. If the market moves against the trade, consider exiting the position with a small loss rather than risking a large loss. 7. Take profit: When the price reaches the opposite level of the support or resistance, take profit and exit the trade. Alternatively, consider trailing the stop loss order to capture additional gains if the market continues to move in the desired direction. Conclusion : This strategy can be an effective way to trade trends in the financial markets. By identifying the trend using the channel and confirming it with moving averages, traders can determine entry and exit points and apply appropriate risk management techniques. With careful monitoring and a disciplined approach, this strategy can help traders achieve consistent profits over time. However, as with any trading strategy, there is always a risk of losses, so traders should carefully consider their risk tolerance and only trade with funds that they can afford to lose.
AMEX:SPYEducation
by Julien_Eche
SPX Falls Below the Midpoint of Its 13-Year Uptrend ChannelPrimary Chart: Logarithmic Chart with 13-Year Secular Uptrend Defined by Parallel Channel BRIEF SUMMARY: The secular uptrend over the past 13 years is still valid and contains within its boundaries the current bear market, which is at the primary trend level. SPX's price has fallen past the midpoint of the channel. Two weekly closes have been below the midpoint of this channel. This week's close was lower than last weeks, which is not bullish at all, even if an oversold relief rally is becoming more likely. The lower edge of the channel, called the upward trendline, lies at 3000 to 3200 from year end to about May 2023. If this bear market lasts that long, the lower edge of the channel may provide a good spot for the bear to end—or for a much longer-term shift in trend should that line break. SPX has been in what technicians call a secular uptrend for approximately 13 years. A secular trend is an even higher degree of trend than the commonly discussed "primary trend." A primary trend typically ranges from about 9 months to 2 years. Two recent examples illustrate the primary trend: (1) The bull market from the March 2020 lows to the January 2022 highs, and (2) the bear market from the January 2022 high to the present date (9 months exactly). By contrast, a secular trend is about 12-25 years long according to technical expert Martin Pring. When examining the price on a weekly chart from the lows of the 2008-2009 crash (the Great Financial Crisis) to the present date, one can find that the price has stayed within a trend channel, respecting its upper and lower boundaries more or less. Will the channel break to show a much larger and longer-term shift in change? That is a question that no one can answer, but it will be worth noting whether price breaks or finds support at the channels lower boundary, the upward trendline. Recently, price broke through the midpoint of this channel . Last week was the first weekly close below the midpoint. This week followed through with a decisive move lower and a second close below the midpoint—along with a lower weekly low. This is not bullish no matter how oversold oscillators and indicators may be. Speaking of oscillators, what oscillators predicted whether the June 2022 lows would be undercut? None: they all looked like they could be oversold, or close enough to oversold to work for a double bottom. The double-bottom conversation also suggests that capitulation is not present. The widespread discussion of the term is actually bullish, reflecting hopes that the market will reverse its downtrend and put in a bullish reversal formation that will lead back to all-time highs. Is that the sort of sentiment that is commonly seen at a true bear-market low? The five stages of a bear market include denial, anger, bargaining, depression, and acceptance. Could equity markets still be in denial? Or have markets moved to the third stage of bargaining? With all the talk of "double bottoms," in both equities and crypto, perhaps the current stage is "bargaining." Why? By describing the present selloff in this bear market as a "double bottom," market participants attempt to place the current ugly decline in a positive light. A double bottom, after all, is a pattern that implies a powerful rally after the second bottom, where the rally eventually exceeds the peak between the two bottoms and continues thereafter once confirmed. So all the banter about double bottoms shows that a lot of bullish hopes still have not been crushed. The end of a bear market, however, evidences the fourth and fifth stages of bear-market grief, which is depression and acceptance (capitulation). Sure, a double bottom could lead to a nice bounce because oversold extremes tend to cause mean reversions anyway, and when everyone is looking at a double bottom, shorts may cover and investors may try to pick the bottom. That is why my hypothetical arrow shows a jagged trip to the lower upward trendline of the parallel channel. First a little lower, then higher in another OS bounce / bear rally, then lower again, then up as people try to catch the low, then lower again, and so on. Eventually, price may likely come into contact with the lower edge of the channel—and the long-term secular uptrend will still be intact and neatly contain this bear market. In other words, this bear market at the level of primary trend will not invalidate the secular uptrend, unless price breaks that line around SPX 3000-3100 (considering where the line lies in 3 to 6 months). ________________________________________ Author's Comments: (1) Thank you for reviewing this post and considering its charts and analysis. The author welcomes comments, discussion and debate in the comment section. Shared charts are especially helpful to support any opposing or alternative view. (2) This technical-analysis view does not constitute a trade recommendation or trade setup. Instead, it attempts to offer technical commentary that describes and analyzes price levels, trends, price action, or the broader technical environment as of the publication date. Technical-analysis commentary does not equate to trade setups or recommendations. Within a given price environment, traders bear responsibility for their own trading strategy, risk tolerance, and time frame, and for any due diligence associated with such trades. (3) This technical-analysis viewpoint could change at a moment's notice, e.g., when price violates a key level of invalidation for a particular view. Further, proper risk-management techniques are vital to trading success. (4) To the extent countertrend price moves are discussed, consider that countertrend or mean-reversion trading, e.g., trading a rally in a bear market, remains higher risk and lower probability even for the most experienced traders and investors. DISCLAIMER: This post contains commentary published solely for educational and informational purposes. This post's content (and any content available through links in this post) and its views do not constitute financial advice or an investment or trading recommendation, and they do not account for readers' personal financial circumstances, or their investing or trading objectives, time frame, and risk tolerance. Readers should perform their own due diligence, and consult a qualified / licensed financial adviser or other financial or investment professional before entering any trade, investment or other transaction.
TVC:SPX
by SquishTrade
17
BTC Log Scale Macro Trend Analysis.Hopefully the charts explain the idea. The previous bull run found support on the log scale .5 fib retracement. Now we are approaching the log scale .5 fib level of the bottom retracement. IMO this is a make it or break it level and may determine the trend in which BTC follows for the remainder of the year. Bullish idea is a large ascending triangle being built, and the bearish idea being a descending parallel channel that still needs to make 1 more wave down.
INDEX:BTCUSD
by TRIP_00
1
Advantages of Using Logarithmic Scale and when to use itThe financial markets are constantly evolving, and as such, traders and analysts need to stay ahead of the curve. One tool that has proven to be invaluable in financial analysis is the logarithmic scale. In this detailed guide, we will explore the logarithmic scale in financial analysis and its various applications in technical indicators. 1. The Logarithmic Scale: Definition and Purpose The logarithmic scale represents data on a chart by plotting the value's logarithm, rather than the value itself. This representation can better visualize exponential growth or decay and provide a more accurate depiction of price trends in markets that experience large price changes. 2. Advantages of Using Logarithmic Scale a. Better visualization of percentage changes: The logarithmic scale provides a better visualization of percentage changes in assets. This is because the scale compresses the larger movements and stretches the smaller ones. As such, traders can better analyze the percentage movements in an asset and make informed decisions. b. Equal treatment of percentage movements: The logarithmic scale treats percentage movements equally, regardless of the asset's price. This is important because it allows traders to compare assets with different price ranges, which would not be possible using a linear scale. c. More accurate representation of long-term trends: The logarithmic scale provides a more accurate representation of long-term trends in assets. This is because it takes into account the compounding effect of percentage changes over time, which is not possible with a linear scale. 3. When to Use Logarithmic Scale a. Analyzing stocks with significant price movements: Stocks that experience significant price movements are better analyzed using a logarithmic scale. This is because the scale provides a more accurate depiction of percentage changes in the stock's price. b. Evaluating historical data over extended periods: Historical data that spans an extended period is better analyzed using a logarithmic scale. This is because the scale provides a more accurate representation of the compounding effect of percentage changes over time. c. Comparing assets with different price ranges: Assets with different price ranges are better compared using a logarithmic scale. This is because the scale treats percentage movements equally, regardless of the asset's price. 4. Logarithmic Scale in Technical Indicators Incorporating logarithmic scale in technical indicators can help improve their accuracy and usability. One such example is the "Logarithmic Trend Channel" indicator, which has been adapted to work effectively on logarithmic charts. 5. How the Logarithmic Trend Channel Indicator Works The Logarithmic Trend Channel indicator is a modified version of the built-in "linear regression" script from Tradingview. The code plots the linear regression on a logarithmic chart, providing a more accurate representation of the trend when price movements are substantial. The indicator also provides options for different deviation levels, which can be adjusted according to the user's preference. 6. Applications: a. Identifying trends in assets with exponential growth or decay: The Logarithmic Trend Channel indicator can be used to identify trends in assets with exponential growth or decay. This is because the indicator provides a more accurate representation of the trend when price movements are substantial. b. Analyzing long-term price movements: The Logarithmic Trend Channel indicator can be used to analyze long-term price movements in assets. This is because the indicator takes into account the compounding effect of percentage changes over time, which is not possible with a linear scale. c. Setting support and resistance levels based on percentage changes: The Logarithmic Trend Channel indicator can be used to set support and resistance levels based on percentage changes. This is because the indicator provides a more accurate representation of percentage movements in the asset's price. Conclusion: The logarithmic scale is a powerful tool in financial analysis, providing a more accurate representation of price trends and movements, especially for assets with significant price changes. By incorporating the log scale into technical indicators, such as the Logarithmic Trend Channel, traders can better analyze market trends and make informed decisions.
NASDAQ:AAPLEducation
by Julien_Eche
BTC : 3Day Heikin-Ashi Log + 1Day 300 SMA + Fib ChannelHere we take a look at BTC heikin-ashi candles on a 3 day timescale, the 1 day simple moving average with a length of 300, and a fibonacci channel, all on the logarithmic price scale. Of note, is the candle behavior in relationship to the 300 SMA, before and after BTC reaches its' peak during the 2013 and 2017 bullruns, and how that behavior can be analyzed and applied to the current bull run. We see that leading up to the 2013 peak, as well as the 2017 peak, BTC stays above the 300 SMA as the price rises. We also see that after both of the 2013 and 2017 peaks, BTC drops below the 300 SMA : Now, if we look at our current price action, we can see that BTC has dropped and hit the 300 SMA, and has managed to stay above it : If we look at April 2013, we see BTC came close to hitting the 300 SMA after a significant peak, but it continued to rise into late 2013, when it finally concluded its' bullrun, after which, BTC did drop below the 300 SMA : One may conclude that if BTC drops below the 300 SMA during this current bull run, we can assume that the current bull run is over, and it may be some time before the we see another bull run. If BTC manages to stay above the 300 SMA, we can assume that the current bull run will continue on (like it did in summer 2013) most likely until the end of the year, and reach another new ATH. Thanks for checking out the chart! Feel free to like and/or comment... it is much appreciated. // Durbtrade
BITSTAMP:BTCUSD
by Durbtrade
6
Bitcoin longterm chartI thought it was time to make a longterm chart, with all these wrong charts going around, hehe. They are wrong because bitcoins support and resistance lines are NOT linear in the logarithmic chart. I think that the correct fit is a square root function in the logarithmic chart, meaning that the growth is slowing down on long timescales. BTC cannot just continue to grow exponentially. This would lead to insane prices of many millions in 2025. I am a bitcoin longterm bull, but one has to remain realistic. The cause of these growth cycles are the halvings, which lead to a supply shock with a subsequent rally. Every time. These are all guesstimates of course, but I think this chart is realistic. The very longterm goal of BTC, in 2030+, is at around 1 million USD imho. It won't go much higher afterwards, it can be seen as the final asymptotic price. The next peaks should be at around 100k in 2022, and around 300k in 2026. I hope this chart helps people understand the longterm growth dynamics of BTC :)
BNC:BLX
by SebastianofMoon
92
25 Metrics to a Perfect Trading Journal First let’s begin with… What is a trading journal? This is a log book where you plot every trade you make with the metrics to show how your portfolio is performing and will continue to do so. I’m going to briefly list the items you’ll need to track your trading performance. 25 Items to plot in your trading journal… The trade No. The market traded (stock, index, crypto…) The entry date for your trade The exit date for your trade No. of days held Current portfolio value Max risk per trade (currency) Max risk % per trade Initial margin per instrument (CFD Spread betting) No. Volume traded The reason for entry Total margin paid Type of trade (Long / Short) Entry price Take profit price Stop loss price Closing price Risk in trade (Entry – Stop loss) Move in trade (close) Interest costs Brokerage costs Gearing Trade exposure (In and Out) Gross P+L Net P+L Don’t waste your time with calculations. Make sure you have the journal and log book with all formulas in each item. … When you record these details, you’ll be able to keep up to date with whether your portfolio is profitable and sustainable for the long run and where it’s lacking. Hope that helps!
JSE:J200Education
by Timonrosso