VET Breaking Out. Macro Target: $.40VET just broke above a line of resistance that goes back to mid 2019. The depth of the triangle it formed beneath that resistance line determines the longterm bullish target of $.41.
LOGARITHMIC
Projection: Crypto Marketcap will hit $83T by Jan 2023The macro of the crypto marketcap is strongly bullish. We broke above the line of resistance that we hit in Dec 2017 that sent us into a multi year bear market and the short term result was a break of $1T. However, we must keep in mind that we may very well come back down to test that line in the mid $700B before we continue our march toward $83T. I expect somewhere around $30T by the end of this year.
BITCOIN might be getting ready for the this cycle's FINAL RUN!!!Guys, I am comparing 2017's bullrun with the current situation using the log growth curves and I've found something interesting:
In 2017, the price corrected just after hitting the center log line. The price then went back to the lower log line and then up directly do the upper one, considering the center line as refference.
NOW, we have just hit the center line and corrected down to the lower one AND the price ran straight to the upper line ONCE AGAIN!
SOOOO, it's very likely we are having one last minor correction now before shooting straight to the moon. IF this happens, this cycle's FINAL TARGET should be around 105.000 USD !
Leave a comment and share this idea if you think it makes sense.
SEE YOU ON THE MOON
BTC Heading to $250k+???This log chart shows the multi-year trend BTC has continued to honor. If this continues to play out, we could see a $250k btc by Jan 1, 2022. That doesn't mean we can't see a major correction along the way, and in fact I expect one soon. But the macro is strong.
OmiseGO is about to take off 🚀OmiseGO (OMG) is ready for another impulse. Looking for a new ATH, above$10. Please not this chart is based on a logarithmic scale.
40k$ is not the high! (Bitcoin's historical growth curve)Hello traders, or this time investors,
here is my long term log Bitcoin chart with historical data.
Because of this growth curve and the fact that we "only" made
1.400% so far, since the last low at 3.000$, I believe that we can
still expect much higher price for Bitcoin this year.
But as you know it's not only about the price.
Wish you all a nice weekend.
Greetings
Jens
A thought experiment... 120k btc?Decided to dive deep into logarithmic charts for BTC for my own peace of mind.
What we are seeing quite clearly each cycle is that the angle from top to top is halving each time. We are also seeing a pattern from bottom to top in each cycle being roughly 0.619 times the previous angle from bottom to top. The effect of this is that we can accurately predict the angle from top to top and bottom to top in our current cycle! This gives us a realistic top marker as can be seen at around $120k. It also looks like this might take longer than initially thought.
Let me know what you think; could this be a realistic pattern or just scribblings of a mad man?
LINK/USDT Weekly Break-Out: Strong Momentum ExpectedLINK/USDT has made a new ATH today, beating last year's ATH with ease.
So where too now?
if we take a look at the weekly chart we can see a clear pattern here. This upward sloping channel has been holding strong for almost two years now, making LINK's crazy ride to the moon.
Realistically, the price will rise until it hits the upper trend line of the channel. That might be difficult to trade, so for the coming weeks I've marked the $30 resistance as the main target. If you're feeling fancy, ride this wave until it hits the trend line.
Happy trading!
BTC Log Scale Moon Math w/Fib channel extensions.This is a Log scale chart on BTC/USD from Bitstamp. Utilizing fib channels with 618 extensions, trend based fib time, and regular fib extensions.
*Bitcoin* Price Prediction. Logarithmic Regression with S2FUpdated Bitcoin price prediction using the logarithmic regression curve and Plan B's original Stock to Flow. This should be a base case scenario for 2021.
Bitcoin Will Ascend Further: 60k Price TargetSince Bitcoin's insurrection it has been growing on an unprecedented logarithmic scale. According to this logarithmic scale, Bitcoin's realistic resistance should lie around 60k.
Seeing the growth of the past couple of weeks, another 50% increase in price should be reachable within two months or less.
After hitting $60k, there's much uncertainty where Bitcoin will go. Most likely we will see a correction somewhere in the near future. For now, enjoy the ride!
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.
Bitcoin continues in the way...This is an idea about the future price of Bitcoin (BTC/USD). Please trade on your own analysis, and share your comments and ideas with me.
Bitcoin making similar moves to the 2017 bull runWe can see back in May of 2017, when we broke out of the green band we went straight to the purple band and bounced between those levels for about 180 days.
Now to January 2021, we have broken out of the green band and we are approaching the purple band. Nothing is certain, but bitcoin tends to follow these regression bands.
TSLA swing trades: weekly RSI symmetrical triangle Check out the symmetrical triangle that has been formed on the weekly timeframe. My opinion there is good potential for swing trading as rsi comes into contact with support/resistance, and then playing for a possible break out either up or down when the support or resistance on the RSI symmetrical triangle is broken
Currency-crypto over (5 years, 1 year, 1 month, 5 days)I'm a crypto newbie, so the pricing relationship comparisons across time are very curious to me. Similarity of currency patterns over time on a linear scale, and crypto patterns on a logarithmic scale sort of make sense to me. But the similarity is more than I would have expected. How long can crypto maintain the logarithmic growth? Will the (linear, logarithmic) pattern similarities sustain for years, or "invert" or change somehow soon? Will the logarithmic growth rates decline to the pace of financial asset price inflation (eg debt growth, Modern Monetary Theory Treasury-Fed injections)? I don't want to be a crypto-trader, I just want to send $$ to my grandchildren, and to have fun and frustration doing it.
CUP AND HANDLE ? HELP IS APPRECIATEDANKRUSDT
am i seeing this correct ? a cup and handle and if so did i put right ? the amount of pips/ticks shown as prediction.
if this pattern is right then big chance it goes up. if it is right and the pattern fails be sure to set a stop-loss.
put as i see it.. its time to get on the train/space shuttle/bus/rocket and hope there is a lot of fuel to make a new record.
did you read all this ? hit that button below or comment your thoughts.
The Ace Spectrum as a Template for Support ProjectionDemonstrating the big idea: That straight lines in log-space form exponential curves.
This property of the log chart is useful for examining assets with exponential growth (like high-growth stocks, cryptos, etc).
Because the log scale asymptotically approaches the absolute scale as y slice decreases, this indicator is really applicable to any time scale.
This indicator samples a distribution of lines from the past and projects them into the future, these projected lines form indicators of prior support.
The idea is longer support at those specific lines is indicative of support strength, which this indicator approximately captures.
My initial goal was to capture this intuition about exponential growth in log spaces by applying a monte-carlo style sampling approach to visualize the latent support lines.
After I had captured that in a slightly more complex version of this indicator, my goal was to distill the concept into the simplest possible implementation.
Fibonacci Bitcoin Correction to $ 13.800 or back to $ 10.000?I'm Just sharing what scenarios I think we gonna see in the next couple to 6 months.
Attention, the drawings are not in the time scale.
After this correction, if Bitcoin rises in a logarithmic scale, we gonna be very very happy.
Good luck and good trades for all of us!
CBDS - Trend ReversalWeekly Log Chart
I am very bullish on cannabis stocks right now. CBDS broke out of the long term down trend on the log chart.
Entry price - $0.63
Stop Loss - $0.60
Price Target 1 - $1.33
Price Target 2 - $2.53
