Log Scale vs Linear Scale ChartsLog Scale vs Linear Scale Charts.
Log Scale - It is a type of representation where price is equally distributed in percentage.
Linear Scale - It is type of representation where price is equally distributed in terms of price points.
There will be no difference in terms of Moving averages, Fibonacci, Horizontal levels if you select any of two option.
LOGARITHMIC
#HINDCOPPER... Looking good 30.05.23#HINDCOPPER...
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a good movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
Nifty all set to form a new All Time High?Nifty on the logarithmic chart, seems to be in a strong long term trend. The previous correction, which undoubtedly instilled fear in the minds of almost all investors evidently appears to be so small & relatively weak as it failed to touch the previous all time high. This insinuates that Nifty is headed to form a new High!
BTC Long term viewUsing logarithmic curves by @quantdelic and my awful drawing skills, I'd like to believe that BTC could be valued at more than 30 mil by 2035.
Ofcourse, this could be due to inflation (mass dollar printing, infinite QE, etc) or BTC taproot or more bitcoins being lost (currently standing at 33% of total supply lost)
It doesn't have to be one or the other, actually.