BTC Macro Outlook (Regression, SMA)Long-term price analysis using confluence of Log regression bands, SMA's, and Fibonacci retracements.
Possible case for a test of the 400w SMA, based on % distance to previous all-time highs.
LOGARITHMIC
2 overlapping invh&s patterns on the weekly logchart for XLMThe inverse head and shoulders with the yellow neckline is the same one that is on the linear chart, however on the log chart you get a much higher target of around 44 cents. Reaching that target will also push price above a second bigger inverse head & shoulder neckline (in green) which once that one validates its breakout, it’ll have a full target of around 81 cents. Watch for the weekly 200ma(in blue) to hold support here if so not a bad place for an entry, if not retesting the yellow neckline or even throwin a wick or few back below it is not impossible and would create other good small entry opportunities as well. *not financial advice*
XRPETH chart may finally be ready to reclaim some gainsIf price can get above the monthly 50MA here (in orange), and flip it solid support for a candle or few, we should see xrpeth confirming the breakout from this monthly chart falling wedge and then heading up to reach the measured move target posted here. This is a logarithmic chart. *not financial advice*
Bullpennant on 3month logchart for ETH has outlandish targetsIf we went just by the triangle portion of the pennant breakout target, that can take ethereum to 20k. This is potentially a possible target that can be hit during the current bullrun, the second higher target in the 200 thousands is for the entire pennants breakout target. Seems way less likely we can hit that target this bull run but is perhaps not improbable to reach by the bull run after this. Then again, if PlanB’s scenario for bitcoin to somehow reach a million before 2026 actually somehow came to fruition, then the full target of this pennant being reached this bull run would suddenly have some slight probability of happening. You can see here on this chart that to get to Ethereum’s current all time high we basically broke upward from a pennant prior to the current one we are in and the breakout target for that pennant’s triangle portion was just slightly lower than eth’s current all time high. The current pennant’s 20k target for it’s triangle portion only is actually very close to the previous pennant’s full pennant target…so essentially by reaching the current pennants triangle breakout target this bull run we would reach the full target of the the previous pennant breakout from last bull run, making it take 2 bull runs to reach the full target of the previous pennant. This makes me believe in order to reach the full 200k+ target of the current pennant we are in it will likely not occur until the next bull market after the current one. However if PlanB’s million dollar bitcoin before 2026 scenario were to actually play out that would be the one condition where we could see the current pennant reach its target in the current bull run. I know it sounds outlandish and highly unlikely so for now I’ll put that at a very low probability, but a low probability is still better than an impossibility. *not financial advice*
XRP can breakout of logchart triangle once .59 is sold supportThe top trendline of this logarithmic weekly chart symmetrical triangle has played amazing resistance for quite some time now. However since that trendline is a descending one, the price that xrp’s price action needs to maintain as support gets lower and lower with every weekly candle close. Currently, if xrp can flip 59 cents to solidified support and maintain that support for multiple weekly candles it would validate the breakout. By next week’s candle it could be even lower. For the sake of the steroids 589 number that seems to be associated with XRP, it would be fun if the level needed to flip to support to break above was 58.9 cents imo. With the uptrend in the crypto bull cycle seemingly resuming here, the probability of XRP climbing above .589 in the near future and staying above it has greatly increased. Wouldn’t surprise me if the day it really blasts off and confirms//validates the breakout of this triangle coincides with something newsworthy like Gensler resigning or the SEC Ripple case being settled or even dropped. I anticipate a Bullish December, but perhaps even a quite bullish rest of november here as well for XRP It’s already off to a good start to the month so far and hopefully it can keep that momentum going. Always a chance at some sort of temporary Black Friday black swan discounts though so wise to stay vigilant. In order to get as zoomed in as possible on price action for this post, I cut the measured move target out of the frame, but if you were to drag the chart with your mouse(or finger if using a touchscreen) you will see that the target for the breakout of this log triangle is around $10.57 if it were to break above the triangle on the enxt few candles. *not financial advice*
Cup & handle and Bullflag have much higher target on logchartHere on the monthly logarithmic chart we can see both the cup and handle and the bull flag that Bitcoin is starting to break upwards from. Both of these patterns are also very much so valid on the linear chart as well, but as usual, the logarithmic version of these patterns has a much higher ensured move target for their breakouts. While there’s a probability we could hit these higher logarithmic targets during this bull ru, often times the logchart patterns take considerably longer to hit their full targets than the linear charts patterns, so there’s also a chance these targets especially the higher cup and handle target could not get hit until next bull run as well. I will go ahead and follow this chart up with the linear version so people can see the contrast between the breakout targets on both styles of chart. Much higher probability we can hit both of these patterns linear chart targets this bull run. *not financial advice*
Bitcoin: The Short and Long (Term) ViewI want to give a video breakdown of my last Tradingview post which did very well as an Editor's Pick. Commentors posed some very good questions that deserve detailed explanations.
First, I talk about the confluence of three major levels of Resistance that setup last week and remained the overhead Resistance of INDEX:BTCUSD Bitcoin this week (and possibly in the short term).
Finally, lest I be accused of being TOO BEARISH... my LONG TERM view (going out for the next decade and beyond) using logarithmic projections of Bitcoin price action to define the Risk and Reward of a long term (2030 and beyond) investment. When Bitcoin is a good and not-so-good value proposition.
Nik by Dl InvestHello community,
A little daily analysis in log scale, because I use the "Adaptive Trend Finder" and "Price Action Ultimate" indicator.
The channel is bearish.
I drew a Fibonacci retracement in log, to see if there is a golden zone.
If the theory works, we have a target around $90.62.
Nothing says that the title will rebound, change of CEO, so we can hope for change in a while.
Make your opinion, before placing an order.
► Thank you for boosting, commenting, subscribing!
#Bitcoin $BTC Logarithmic Regression InversionMy timing was off on my original idea, but this seems to be playing mostly according to plan!
Original Idea:
Xrpusd Bullishpennant on the 1month timeframeSame pattern as the previous idea i just posted but I’ve switched it from the 3 month chart to the 1 month time frame in order to keep track of the developments in price action more quickly. Im also going to post this pattern one more time but on the weekly timeframe as well. The 3 targets remain the same. *not financial advice*
bullpennant on the xrpusd 3month logarithmic chartJust posting an updated version of this Also going to post a 1 month timeframe version of it and a weekly timeframe version of it to keep track of how it develops. We can see 3 main targets should the entire pennant be validated and not just the symmetrical triangle. First one is 10 dollars, then 33, then 609. These amounts can of course change somewhat depending on wherever the actual breakpoint occurs. *not financial advice*
4 potential shorter timeframe triangles on rep 1wk log chartMy previous chart idea which I will link to below showed the monthly timeframe logchart of the 2 potential larger triangles xrp has been consolidating in, so I wanted to also follow that up with a weekly chart timeframe of the the 4 potential smaller triangles we have also been consolidating in so I can eep track of their progress as well. All the potential measured move ines here have been randomly placed so of course where ever it does break upward will likely be slightly different and will only require I readjust those measured move lines slightly at that point only changing their price targets slightly. *not financial advice*
Optimizing Technical Analysis with Logarithmic Scales▮ Introduction
In the realm of technical analysis, making sense of market behavior is crucial for traders and investors. One foundational aspect is selecting the right scale to view price charts. This educational piece delves into the significance of logarithmic scaling and how it can enhance your technical analysis.
▮ Understanding Scales
- Linear Scale
This is a common graphing approach where each unit change on the vertical axis represents the same absolute value.
- Logarithmic Scale
Unlike the linear scale, the logarithmic scale adjusts intervals to represent percentage changes.
Here, each step up/down the axis signifies a constant percentage increase/decrease.
▮ Why Use the Logarithmic Scale?
The logarithmic scale offers a more insightful way to analyze price movements, especially when the price range varies significantly.
By focusing on percentage changes rather than absolute values, long-term trends and patterns become more apparent, making it easier to make informed trading decisions.
▮ Comparative Examples
Consider the Bitcoin price movement:
- On a linear scale, a 343% increase from $3,124 to $13,870 looks smaller compared to the same percentage increase from $13,870 to $61,769. This disparity occurs because the linear scale emphasizes absolute changes.
- On the logarithmic scale, both 343% increases appear proportional, giving a clearer representation.
Additionally, in a falling price scenario, a linear graph might show a smaller box for an 84% drop compared to a 77% drop, simply because of absolute values' significance. The logarithmic scale corrects this, showing the true extent of percentage declines.
▮ Advantages and Disadvantages
Advantages:
- Fairer comparison of price movements.
- Consistent representation of percentage changes.
- More reliable support and resistance lines.
Disadvantages:
- Potential misalignment of alerts (www.tradingview.com).
- Drawing inclined lines might create distortions when switching scales:
A possible solution is the use the "Object Tree" feature on TradingView to manage graphical elements distinctly for each scale.
▮ How to Apply Logarithmic Scale on TradingView
Enabling the logarithmic scale on TradingView is straightforward:
- Click on the letter "L" in the lower right corner of the graph (the column where prices are shown);
- Another option is use of the keyboard shortcut, pressing ALT + L .
▮ Conclusion
The logarithmic scale is an invaluable tool for technical analysis, providing a more accurate representation of percentage changes and simplifying long-term pattern recognition.
While it has its limitations, thoughtful application alongside other analytical tools can greatly enhance your market insights.
Bitcoin In DANGER: Back to $20,000?Preface: I don't think that going back to $20k is the most likely scenario at this point in time. However, it's valuable to discuss different potential outcomes in an every-changing market. If you disagree and only want to look at one potential outcome it's up to you.
In this analysis I want to take a look at one of my more popular indicators; Bitcoin's Logarithmic Price Bands. In case you want to know more about this indicator, please check out the link on the bottom of this post.
Back in March I made an analysis with a similar title where I discussed the fact that the yellow logarithmic price band has historically proven to be a very strong resistance.
For example, last cycle's mid-cycle pump (summer 2019) found resistance on exactly the same area.
Same can be said for 2013. Both reversals from the yellow bands resulted in a >70% dump (high to low). A 70% dump would mean that BTC will go back to (roughly) 20k.
It's too early to say whether this analysis is correct, but I can imagine a world where this is possible. Compared to previous cycles, we went up too much and too fast with all the ETF news. A deep correction might be needed to get to the elusive 100k.
Happy to hear your thoughts in the comments 🙏
Weekly log chart on quant has a easured move target over 1k.The price action currently just closed a weekly candle below the triangle for the first time, however when you take the same measured move line to ensure a breakdown from the channel the result is an impossible negative price which tells us that probability greatly favors a break upward from this triangle eventually. I went ahead and arbitrarily placed the breakout line fairly close to the triangles apex as a guesstimate. Now being that this is both a weekly time frame and on the logarithmic scale, theres no guarantee it will hit the full measured move target for this pattern in the current bull cycle…could take 2 bull cycles from now to reach the full target, but it is also quite possible for it to hit this target this bull cycle too. Either way if it does eventually confirm the breakout this is very much so likely to be an eventuality and inevitability. Posting it here now so I can come back to this idea at a later time and see how this pattern develops overtime. This one may take multiple multiple months to reach the target of whenever it finally confirms a breakout. *not financial advice*
🔥 Bitcoin In Area Of DANGER: Macro Signal! 🚨In this analysis I want to take a look at one of my more popular indicators; Bitcoin's Logarithmic Price Bands. In case you want to know more about this indicator, please check out the link on the bottom of this post.
Back in March I made an analysis with the same title, where I argued that Bitcoin had entered an area of danger (the yellow mid band of the indicator).
The yellow band has historically proven to be a strong resistance. With BTC retesting the bottom support of the yellow band there's a serious risk of BTC falling through, resulting in further selling.
It's too early to tell whether BTC will correct all the way back to the green band, like last cycle. Nevertheless, the indicator has again proven to offer significant long-term trading opportunities.
How low do you think that BTC will go? Happy to hear your thoughts 🙏
An update on the monthly log channel chart from AprilI posted this chart idea originally all the way back in april when I discovered that all the major tapas and bottoms of the market since the 2017 top until now are all in a very clear set of rising channels seen best on the 1 month log chart as shown here. We can see since that time in April, Bitcoin has now broken back upward and is very close to retesting this super strong trendline just above it currently around 47-48k. This trendline is likely to be significant resistance, however there is a chance during a moment of extreme fomo where we could break above this trendline and retest the lighter green ascending trendline with a wick which is currently sitting around 56-58k on the current monthly candle. Ultimately my guess is the trendline just above current price action at the 48k zone is likely to maintain candle body resistance and lead to the next big market correction. It may even maintain wick resistance too but I still believe we can possibly wick above it and retest the trendline just above it with a wick before ultimately closing whichever candle gets above it’s candle body below the 48k trendline. Once this happens, the first zone I’m going to be watching to hold support is at the 1month 50ma shown here in orange. There’s a decent chance we could correct even lower than that but that will be the first zone I watch for a potential reversal back into the uptrend. For now though I think it’s completely possible to go as high as the 56-58k zone with a wick while still maintaining the trendline just above this current area as resistance but I wont be surprised if that trendline at 48k is so powerful we cant even get a wick above it either. Both seem quite probable to me at this point. I am going to attach a link to my original channel idea on this update as well so you can see where this channel discovery originated from. *not financial advice*
Symmetrical Triangle on the monthly XRPUSD log chartAs usual, the logarithmic chart’s measured move target is much higher than the linear charts measured move target for the symmetrical triangle. We can see here that it is getting very close to the apex of the triangle on the monthly chart and should likely see some sort of a breakout by the end of June if not sooner. Target on logarithmic chart is around $11.47 for just the triangle alone, but that could take price action a longer amount of time to reach the full target of than it will take the linear chart’s symmetrical triangle to reach its full breakout target(which is much lower than $11.47). Wanted to post an idea of this log version of the symmetrical triangle to keep track of how it lays out more easily. *not financial advice*
SPY Price Projection: Mid-2025 TargetRevealing Market Trends: Logarithmic Regression Analysis Indicates Bullish Path for SPY
In the ever-evolving realm of financial analysis, the search for reliable predictions remains ongoing. Logarithmic scale regression analysis, coupled with potent indicators, has emerged as a promising tool for discerning trends, particularly regarding assets like the SPY.
This analysis delves into the utilization of logarithmic scale regression alongside two robust indicators, offering insights into the potential trajectory of the SPY's price movement. It's essential to note that the interpretations and predictions presented are based on my analysis alone and should not be construed as financial advice. As with any market analysis, uncertainties persist, and actual outcomes may diverge from projections.
Logarithmic scale regression accounts for the exponential nature of price movements, providing a nuanced perspective on long-term trends. When combined with indicators such as moving averages or momentum oscillators, the analysis gains depth, revealing not only the direction but also the strength of the trend.
After meticulous examination of historical data and the application of analytical tools, our analysis suggests a bullish trajectory for the SPY, with a projected price nearing 620 EUR by mid-2025. This projection implies a significant uptrend from the current date, with a potential increase of approximately 20% over the specified timeframe.
However, it's crucial to approach such forecasts with caution, recognizing the inherent risks associated with financial markets. While our analysis indicates a positive outlook, market conditions can change rapidly, leading to deviations from expected trends.
In summary, logarithmic scale regression analysis, supported by robust indicators, offers valuable insights into market trends and potential price movements. While our analysis suggests a bullish sentiment for the SPY, investors should conduct thorough research and seek professional advice before making investment decisions.
Disclaimer: The analysis provided is based on personal interpretation and should not be considered financial advice. Investing in financial markets carries risks, and actual outcomes may differ. Readers are encouraged to conduct their own research and consult with financial professionals before making investment decisions.
Shiba Inu .. Tecnicall analysis Weekly time frame logarithmic chart analysis... Shiba can continue its upward growth based on Fibonacci and resistance and support levels and trend lines. This is a personal analysis.Trade based on yourself analysis, I am not responsible for anyone's loss. yourself
AAPL weakerIn Hindsight; using log scale. AAPL didn't reach it's longterm trend; so - weakness in price.
$EXRD / $XRD HopiumHumans 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 again.
Therefore, we are giving a price target of ~$200 before the end of the year, with Bitcoin at $400k by the same analysis.
ETH - MACRO Multi-Month Logarithmic Target📉Hi Traders, Investors and Speculators of Charts📈
I've made a few updates on BTC from a macro perspective, but let's take a look at ETH today. What we specifically want to focus on is potential targets / bounce zones, and we'll use the logarithmic weekly recession t get to these targets.
From using the same timeframe as the previous bull season, and by using the same pivot points, we get a $20K target on ETH - a possibility for later this year:
Shorter and mid-term targets could include:
Here's the update on BTC, incase you missed it:
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