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LOGARITHMIC

XRP like a pitBULL!As You see, XRP cracked out the parabolic channel (red was the upper limit and green was the bottom), the EMA lines are good too! and they crossed the downtrend line (purple dotted line) and emerged above it! The volume of trading is growing and the volume EMA seems good as well. On the top of this the MACD (/day) hit the signal of BULLish rising!!! On the left side you can see the up fib levels (faded colors), and on the right side you can see the down fib levels (vivid colors), now as the bullish trade begins the XRP is expected to start a new rally or bounce in 3-5 waves at least. It was hitting our 78fib(vivid) as rised to start the 1st wave, and it may drop to 23fib (faded) make the bottom of the 1st wave. The following waves will do the same ping-pong between the fib levels. Have a goog trade!
BITFINEX:XRPUSD
by contrecoup
2
Testing the uptrend. Logarithmic axis of prices on 1 year chartHere we see the trading corridor. We left the corridor in the end of the year and touched the $20 000, bears pushed us back to the corridor very quickly If the red line will be crossed and we will be testing the $8 000 level the drawing of the opposite movement can be projected ( the black line projection). If there will not be a quick return to the corridor, the uptrend line can be broken. Support level: $8 000. Buy opportunity there, but we should, take care of risks: Place stop loss orders below the support level. See more on steemit.com/@dkn
BITSTAMP:BTCUSD
by DmitriKnjazev
Parabolic trend on logarithmic scale and Jan Dump 2018Starting with 2014 on the logarithmic chart we can see the cycles BTC had from DUMP to DUMP. The cycle is getting shorter starting with March 2017. If we measure from the starting of the movement till the bottom we see that at the moment the drop is ~41%. Although the last drops were around ~32.9% average this time we surpassed this with ease, but still we are not near the drop levels we can see in August - September 2015 - 46.75% or January 2015 - 45.24%. We could actually see another mini drop here. I believe this time the fall was accentuated by more FUD than usual and also by the euphoria in Q3 and Q4 that pushed bitcoin higher than it was needed. Bitcoin and Crypto are becoming mainstream, this means more click bait and less good information that you can base your decisions on. Yesterday was like the pinnacle of this. Also when a glimpse of hope appeared wave 2 of bad news appeared. Bitconect fall. Some of us understand that it was a ponzi since the beginning but a lot of uneducated people are losing faith fast in crypto because them, or their friends, lost their money in the Bitconnect fiasco. I believe last night CNBC was actually recommending Tether as a good investment. You can say what you want about Tethers. I believe they are beautifully ugly but they come and will come to save the day until parts of this ecosystem or all of it will be regulated and mass adoption will be here. Everybody should freak out if tether.to is raided and closed. We will probably see a 60-70% drop in 30 minutes or 1 hour. More will follow and as the market goes through it’s almost natural cycle more news well synchronize with it’s BHLD Pattern. Peter Brandt has a great chart on this pattern twitter.com We need less scams, more good UX and technology to make this fly more securely. Also every time you feel this technology is a bubble, never forget Facebook is worth 518 billions :)
BITFINEX:BTCUSD
by drive23
1
How high can this thing go? Hint: Very high.It's funny to see the reaction of people, staring in total disbelief at the prices. Why? Because they do not think in exponential terms. The human brain is just used to think in linear terms, exponential rises take a lot getting used to. But bitcoin? It was rising exponentially for a while, and now it entered over-exponential territory. This means that in the logarithmic chart we don't have a line any more, but a parabola. That is why the time for a doubling of the price will get shorter and shorter. I drew the logarithmic trend channel and these are the possible reversal zones: 1.st at around 25K 2nd at around 75K 3rd at around 145K If the full move is done, we could see, and I now it sounds insane, 145K until the end of march 2018. I think 25K is the most realistic scenario, with about 60% probability. Timeframe: December-January 75K with 30% (timeframe: end of february), and 145K with 10%. It's just an estimate, but it's good to know these important resistance lines.
BITSTAMP:BTCUSDLong
by SebastianofMoon
7