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The consensus in the bitcoin BTC $117,987.11 market remains bullish even though the price has held above $100,000 every day ...
A trendline is a charting tool used to illustrate the prevailing direction of price. Trendlines represent support and resistance.
Logarithmic price scale—also referred to as log—represents price spacing on the vertical or Y-axis dependent on the percentage of change in the underlying asset's price.
Logarithmic scales have other advantages as well. Returning to the APPL charts above, it is impossible to imagine drawing a trendline connecting the series of lows in 2003 on up through 2008.
The log trendline simply doesn’t look like it’s growing that fast. It’s peculiar, though, that folks shown the linear chart are less supportive of keeping non-essential businesses closed.
The two main types of stock charts are linear and logarithmic charts. At a quick glance, they both look the same, with the stock's price levels on the vertical axis and the time period on the ...
This post offers reasons for using logarithmic scales, also called log scales, on charts and graphs. It explains when logarithmic graphs with base 2 are preferred to logarithmic graphs with base ...
Figure 2 shows the logarithmic-conversion curve that defines the look-up table’s values. Versions of the ATTiny13’s control programs for linear and logarithmic scales are available for downloading ...
Where is bitcoin's resistance level? A trendline connecting the 2017 and 2021 highs suggests resistance at about $115,300 on ...
Logarithmic scales have other advantages as well. On the linear chart, it is impossible to imagine drawing a trendline connecting the series of lows in 2003 on up through 2008.