Bitcoin after bouncing from a Bullish Cypher PCZ and Breaking out of a Falling Wedge has back tested the wedge as support and has closed bullishly above the backtest and now we have a confirmed Break-Hook-and-Go on the monthly timeframe as well as Hidden Bullish Divergence on the MACD. If this is truly the bottom then I would think Bitcoin is likely to complete an...
Here is yet another Bullish Chart of LTC this time i'd like to point focus on a huge Cup with Handle i just discovered while looking on the higher timeframes. We haven't broken out of the handle yet but if we do out next target based off the measured move should take us to $9,493
Sometimes you have to look at the whole picture... - S&P 500 from 1925 till today log. scale (zoom in to see more)
In Hindsight; using log scale. AAPL didn't reach it's longterm trend; so - weakness in price.
Humans struggle to comprehend exponential curves, but the history of crypto has shown that the log chart it is the only rational TA method for mature projects. If Radix were to match the market cap of Solana CRYPTOCAP:SOL , its price would be ~$7.50. Radix's superior tech, narrative, and ecosystem could 10x that, and at the apex of the bull market 5-10x that...
Bollinger bands applied on the 1M Log chart create this fjord/valley forms that signal in advance that the peak is arriving and that we are in a big bubble territory. This won't tell you the exact month when to sell, but it signals when we are entering the bubble territory, so you can know whether or not it's still safe to enter, and start selling going up...
Look at my only other post here, from back in 2022. Somehow I called the end of Bitcoin’s bear market. I figured I may as well post an update, now that we’re back near all time highs, before the halvening.
TX SWAP looks to be trying to form a bottom between the 1.618 PCZ and 1.902 HOP Level of this Log scale Bullish Crab, it has also confirmed some Bullish Divergence on the MACD. As a result, TX SWAP may attempt to break out of the bigger Falling Wedge pattern, assuming the HOP holds and the Divergence plays out.
The 'Adaptive Trend Finder (log)' indicator analyzes the entire available history and calculates the strongest trend channel. It is arguably the best tool for instantly visualizing the price level from a technical analysis perspective. On this chart, we have applied the 'Adaptive Trend Finder (log)' indicator twice, using logarithmic scale settings, and we have...
In 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...
Hi 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...
ETH right now looks to have formed a Logscale Bearish Dragon on the Monthly and right now is showing Weakness at Resistance if it breaks down this Bearish Dragon we will see it come to the 0.618 Retrace below as a target one for the Bearish Dragon but this could also lead to a Log Scaled Bearish Bat Action Magnet Move down to the 0.886 Retrace. I believe Money...
ANY looks to be springging off an also support level that aligns with the 1.618 Fibonacci Extension of a Log Scale Bullish Shark while at the same time the RSI seems to be shifting it's momentum into the Bullish Control Zone; Hold these levels long Enough and it could rise up to the 50% Retrace up at around 2 dollars.
STORJ on the high timeframes has some huge logscale Bullish Patterns in the form of a 5 year wide Inverse Head and Shoulders as well as what could be seen as a Cup with Handle type of structure if we take the measured move of the pattern and apply it to the chart we find ourselves plotting the target of $180 upon breaking out of the pattern.
There is a bit of Bullish Diovergence here as we hit the PCZ for the first time; though it'd be even better if overtime we got a local Double Bottom at the PCZ and fromed Bullish Divergence within that range. Besides that I can see some potential in this stock pulling some crazy stuff if this Gartley plays out and think it's worth paying it some attention.
Ravencoin has Bounced once from this Logscaled Gartley and failed to Breakout of the Channel and now maybe looking to come back down to the PCZ and hopefully hold on to a Double Bottom. However, before RVN can even come back down to the PCZ it must first breakthrough the Heartline of the Parallel Channel on which it currenly so happens to be resting. Due to a...
Algorand is currently sitting at 3 Year lows which happen to align with the log scale 78.6% Fibonacci Retrace and has with the assist of some Bullish Divergence, Bounced back above the Descending Trendline. If we get the ideal performance from this price action, we could see ALGO eventually make its way to 78.6% retrace above at around $1.5 or even higher.
TWT is currently trading at the PCZ of a Logscale Bullish Deep Gartley which also happens to align with the Demand Line of the Equidistant Channel while showing MACD Hidden Bullish Divergence. I think we could see it push up to the Heartline of the Channel from here but if it gets really crazy maybe it will even push all the way up towards the top of the channel.