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LOGARITHMIC

BTCUSD­/SPX - Bullish Falling WedgePotential bullish wedge. Could not hold the blue scenario. On lower timeframe a bearish retest and we will continue to drop more? Keep in mind this is a log chart. (Maybe we will climb up again and the UST/LUNA scenario was a type of black swan event causing this in the first place, this chart shows how btc outperforms the stock market. With an enormous influx of negative news we could see this as some sort of black swan event.) If stocks drop even more what will happen to bitcoin? In the past not seen before thats why we might see some type of bullish wedge of people dumping their bitcoin to secure more fiat. Longterm Bitcoin always outperformed greatly overall.
BITSTAMP:BTCUSDShort
by JonkoKlapper
The downside of logarithmic charts! (btc)Sometimes you come across a chart that triggers me immediately, its a logarithmic chart. Bitcoin will be in a few years about $500k or something like that. But the rise of Bitcoin is in a different stage. Percentages of 11,000% up in a bull run were normal, but this is a thing of the past. The market cap has risen sharply and this leads to lower rises in the future. There is also only a limited demand for Bitcoin. So you should not be distracted by such logarithmic charts and think that Bitcoin is trading around $300k. Due to these circumstances, I believe Bitcoin is bottoming around 15k and will not trade above 100k until around 2025. The coming weeks/months will determine the future of Bitcoin in the coming years; are we bouncing hard here or falling through the 30k.
KRAKEN:BTCUSD
by finnlegend
ICX/ETH - Long-term falling wedgeHello my dear friends, here I am again. Like promised, here is the longer term outlook on the ICX/ETH pair. As u can see, we are situated in one of the biggest falling wedges I have ever seen, dating back to 2018!!! U can see the paths this pair will take when one of the trend lines breaks. In my opinion, because a falling wedge is a bullish pattern, it will more likely break to the upside rather than to the downside. I estimate the chance for a bullish outbreak to be 80-90 percent. But if it breaks the support we can see a very sharp move to the green box marked in the picture. However, when we break to the upside, I expect massive movements for the ICX/ETH and even the ICX/USDT pair. When it breaks out it can take 2 paths. One path indicates a fast break of the blue target of the falling wedge and going further parabolic. The other path indicates a far weaker move, meaning the pair will get hindered by the target area and drop to the previous marked support and consolidate for some time before moving up again. Both are equally probable in my opinion so watch out for that. A break to the upside would mean that ICX is ready for a new all time high for the ICX/USDT pair, as I think ETH will stay strong in the meantime. That's it for today, any comments would be helpful, thanks.
ILong
by kinjeoww
1
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. --------------- 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.
BNC:BLX
by AVNGL01
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."
BITSTAMP:BTCUSDShort
by Trader_Johnni
1
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.
BITSTAMP:BTCUSDLong
by EMJ123
1
$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.
BITSTAMP:BTCUSDLong
by ClargyInvesting
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 !! ------------------------------------------------------------------------------------------------------------------------------------------------------------ That's pretty much it! don't forget to ask if you have any questions! If you want to follow me on this long journey ahead of us, you can support me by subbing and liking the post ! -Credits to xtekky-
Long
by 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 ! - - - - based on cycle and log spike support/resistance lines --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- If you enjoyed this post and agree with me, a like and a sub would be very nice : ) If you have any other ideas or simply disagree, manifest yourself in the comments ⬇️⬇️⬇️ Stay updated for more content Have a nice Day : ) Bye! ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
BITSTAMP:BTCUSDLong
by xtekky
1
$BTC.X worst case scenarios 😬$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… —————— 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!! (\_/) ( •_•) / >🚀
COINBASE:BTCUSDShort
by SPYder_QQQueen_Trading
14
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
BITSTAMP:BTCUSD
by cmbaar
3
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.
Short
by AnitaDollar
1
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
INDEX:BTCUSD
by HexaTrades
5
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*
BNC:BLXLong
by DrDovetail
4
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!
INDEX:BTCUSDLong
by MDT3