igorr
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2014, 02:46:45 PM |
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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe, Бpaтcкиx нapoдoв coюз вeкoвoй, Пpeдкaми дaннaя мyдpocть нapoднaя! Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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knightcoin
Full Member
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Activity: 238
Merit: 100
Stand on the shoulders of giants
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2014, 02:55:37 PM |
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down ... your mother ... pls remenber your father ..
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segeln
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2014, 03:08:07 PM |
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Below is a logarithmic chart of Bitcoin price history (Bitstamp USD). In technical analysis, the blue trapezoids are known as "falling pennants", they tend to lead to breakouts. In overbought conditions, as has been the case in all BTC rises to date, the pennant that follows will almost always breakout to the upside. In this chart we can see fairly periodic pennants with breakouts to the upside, the price staying within the logarithmic channel. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.game4coins.com%2Fbtc%2Fta_log.png&t=665&c=v7vznSy9k5R0oQ) +1 hope it will work out this time again
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igorr
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2014, 03:10:44 PM |
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Below is a logarithmic chart of Bitcoin price history (Bitstamp USD). In technical analysis, the blue trapezoids are known as "falling pennants", they tend to lead to breakouts. In overbought conditions, as has been the case in all BTC rises to date, the pennant that follows will almost always breakout to the upside. In this chart we can see fairly periodic pennants with breakouts to the upside, the price staying within the logarithmic channel. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.game4coins.com%2Fbtc%2Fta_log.png&t=665&c=v7vznSy9k5R0oQ) +1 hope it will work out this time again LOL, wishes Bitstamp $442 USD, Titanik View Screen Capture
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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe, Бpaтcкиx нapoдoв coюз вeкoвoй, Пpeдкaми дaннaя мyдpocть нapoднaя! Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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segeln
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2014, 03:14:50 PM |
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igorr
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2014, 03:16:16 PM |
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Just go to https://www.tradingview.com and enable indicator Linear regresion, and you have this picture. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.dodaj.rs%2Ff%2F27%2F9e%2F4vr0gXBR%2Fyyy.jpg&t=665&c=wGAZLdTqHNWh0g)
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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe, Бpaтcкиx нapoдoв coюз вeкoвoй, Пpeдкaми дaннaя мyдpocть нapoднaя! Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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cbeast
Donator
Legendary
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Activity: 1736
Merit: 1010
Let's talk governance, lipstick, and pigs.
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March 30, 2014, 03:23:25 PM |
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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igorr
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2014, 03:30:45 PM |
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LOL, LOG scale enabled, paint use or Photoshop, Just go to https://www.tradingview.com/e/VifVKYQr/# and enable indicators Linear regresion, MFI, RSI, MACD and you get real chart picture.
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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe, Бpaтcкиx нapoдoв coюз вeкoвoй, Пpeдкaми дaннaя мyдpocть нapoднaя! Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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Chris_Sabian
Legendary
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Activity: 896
Merit: 1001
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March 30, 2014, 03:36:49 PM |
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Past results are not indicative of future performance
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igorr
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2014, 03:39:30 PM |
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Past results are not indicative of future performance
here is results in real time ! Profesional Forex tools and chart in real time for all currencies. https://www.tradingview.com/e/VifVKYQr/
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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe, Бpaтcкиx нapoдoв coюз вeкoвoй, Пpeдкaми дaннaя мyдpocть нapoднaя! Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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cbeast
Donator
Legendary
Offline
Activity: 1736
Merit: 1010
Let's talk governance, lipstick, and pigs.
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2014, 03:44:05 PM |
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You don't need professional tools. That's like going to a weather website to see what is outside your window.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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igorr
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2014, 03:48:48 PM Last edit: March 30, 2014, 04:02:07 PM by igorr |
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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe, Бpaтcкиx нapoдoв coюз вeкoвoй, Пpeдкaми дaннaя мyдpocть нapoднaя! Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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g4c (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2014, 03:59:53 PM |
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Past results are not indicative of future performance
I beg to differ, a "trend" is a perfectly viable concept in technical analysis. Technical analysis relies on analysing past results in order to take a "guess" at future performance. I would argue that past results can be indicative of future performance. Note that I did not use a word like will or is. Cetainly in a statistical sense past data holds some information about the future, it has to as we are talking about a continuous (albeit somewhat chaotic) signal, if you disagree with this then really ought not be posting in the "speculation" sub forum.
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CORTEX7 Multi exchange Bitcoin trading client for Win, Mac, Nix, Android.
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g4c (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2014, 04:04:19 PM |
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Buy Igorr, my dear chap, you are only considering 4 months worth of data. newsflash: bitcoin price chart goes back a little further than that. every rise and pennant has followed a similar pattern. furthermore: i challenge you to find any other 2 year old chart that will stay within a logarithmic channel.
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CORTEX7 Multi exchange Bitcoin trading client for Win, Mac, Nix, Android.
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g4c (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2014, 04:06:54 PM |
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careful cbeast! the fact that volume also goes up with log may make igorr burst a small blood vessel on his forehead. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) but yes it certainly bodes very well for higher future prices.
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CORTEX7 Multi exchange Bitcoin trading client for Win, Mac, Nix, Android.
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g4c (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2014, 04:14:59 PM |
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Yes log scale is usefull when analysing high dynamic range data (so what?) Yes I hand drew my analysis (so what?) The chart in your link is considering one pennant as an isolated case, nonetheless the overall trend in your link is UP. I must remind you AGAIN, several of these pennants have already happened and the price has remained within the overall log channel. Rest assured I know my technical analysis, and have practiced it for over 10 years, and have written bitcoin charting software using c++.
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CORTEX7 Multi exchange Bitcoin trading client for Win, Mac, Nix, Android.
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igorr
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2014, 04:22:01 PM |
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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe, Бpaтcкиx нapoдoв coюз вeкoвoй, Пpeдкaми дaннaя мyдpocть нapoднaя! Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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g4c (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2014, 04:25:41 PM |
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I did, and i do not agree with it. P.S. I added your name to my web page, see if you can find it http://www.ledset.com/cortex7/index.htmSo to back up my standing I can honestly tell you that I have written a "professional charting application" Can you say the same Igorr... Can you? Oh it also was written for PocketPC back in the day: http://www.ledset.com/pocketcharts/index.htmPWNED!
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CORTEX7 Multi exchange Bitcoin trading client for Win, Mac, Nix, Android.
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mrbrt
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2014, 04:37:16 PM |
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Thanks for the logarithmic chart, g4c - been looking for it. Made it my desktop background to chase those sell sell sell demons away
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roslinpl
Legendary
Offline
Activity: 2212
Merit: 1199
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March 30, 2014, 04:38:01 PM |
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![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.game4coins.com%2Fbtc%2Fta_log.png&t=665&c=v7vznSy9k5R0oQ) This is looking good IMO too ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Skyrocket is almost ready to launch ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Have you fasten your seatbelt? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) We are going to the moon! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) soon ...
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