Updated

Not my idea. full credit: @davthewave on Twitter

Following an interesting idea: Log Growth Curve as Support

Full Credit to Davthewave:
Twitter: davthewave on
Youtube: goo.gl/nXLBvo
Trading View: tradingview.com/u/christophercolumbus/

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*Twitter: davthewave

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christophercolumbus points out the importance of the logarithmic perspective which offers a more realistic view of price and market action over the long term.

In simplistic terms, this is akin to how we view all things naturally. As you look into the horizon the most distant objects seem smaller. Our vision is logarithmic by nature so it can contain and analyze a wider set of detail.

Note

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On a follow-up, this theory still holding nicely.

doremoo1

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doremoo1

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