Hey Eric, love your analysis', always. Especially the way you discuss the internals and all the ideas supporting your convictions until they invalidate of course. I have a request to a matter of the fibonacci and the chart scale. Should we have logarithmic turned on, in either of the settings and why if you don't mind sharing please. Thanks for all that you share with us!
Hi, I really appreciate the kind feedback! In regards to scales, crypto has traditionally been respected very well with log scale. Many traders tend to favor log scale, particularly when looking at long term price trends with substantial percentage increases. This is because log better represents percentage changes, which aligns with the fractal characteristics of Elliott Wave patterns. For shorter timeframes or smaller price movements, a linear scale can be just as effective but can slightly skew the exact fib targets due to volatility - so both COULD be useful. But since the general markets use log as a default function, it’s still best to stick with log. The choice between the two depends on the asset being analyzed and the context. Log scales are especially helpful when prices have fluctuated significantly over a period of time, as they offer a clearer view of relative price changes.
@@XForceGlobal Thank you, I will turn them both back on for the chart scale and fibonacci tool. The reason I asked was because with them on, wave 3 terminated below the 2.236 but with them off, wave 3 terminated at the 3.618 which is more inline with what I've learned in my studies of EWT. I will use the trend fibonacci tool instead to project wave 3 and wave 5 respectively from now on. I did sign up on blofin but can't contact you on telegram because we are not contacts. I currently trade on Gainsdottrade, due to my residence and I haven't made up my mind on three futures broker. I would like to get white listed with you if I may. Thanks again for the explanation and the time you share with us!
Man, you've been spot on! Thanks!
Thank you!
Many many thanks!! Waiting for that low :))
Thanks !!!!
Aug 27th you called this, amazing...
good stuff, thanks X Force!
You bet! 👍
Hey Eric, love your analysis', always. Especially the way you discuss the internals and all the ideas supporting your convictions until they invalidate of course.
I have a request to a matter of the fibonacci and the chart scale. Should we have logarithmic turned on, in either of the settings and why if you don't mind sharing please. Thanks for all that you share with us!
Hi, I really appreciate the kind feedback!
In regards to scales, crypto has traditionally been respected very well with log scale. Many traders tend to favor log scale, particularly when looking at long term price trends with substantial percentage increases. This is because log better represents percentage changes, which aligns with the fractal characteristics of Elliott Wave patterns.
For shorter timeframes or smaller price movements, a linear scale can be just as effective but can slightly skew the exact fib targets due to volatility - so both COULD be useful. But since the general markets use log as a default function, it’s still best to stick with log.
The choice between the two depends on the asset being analyzed and the context. Log scales are especially helpful when prices have fluctuated significantly over a period of time, as they offer a clearer view of relative price changes.
@@XForceGlobal Thank you, I will turn them both back on for the chart scale and fibonacci tool. The reason I asked was because with them on, wave 3 terminated below the 2.236 but with them off, wave 3 terminated at the 3.618 which is more inline with what I've learned in my studies of EWT. I will use the trend fibonacci tool instead to project wave 3 and wave 5 respectively from now on.
I did sign up on blofin but can't contact you on telegram because we are not contacts. I currently trade on Gainsdottrade, due to my residence and I haven't made up my mind on three futures broker. I would like to get white listed with you if I may.
Thanks again for the explanation and the time you share with us!
As said before, a step above,Thank you Mr. XForce, for sharing your honest thoughts.
Much appreciated Jose..!
thank You
Welcome!🤗
Thanks a lot bro 🙏 ❤
Anytime 😊🔥
Thank you very much for your analysis.
Do you also work with traditional markets? Could you please analyze the Tesla stock?
I would appreciate it
Noted
thx Eric
Absolutely, anytime!
thank you sir🙂🙂
You're very welcome! Thanks for the support
Sideways chop going on. Keep us updated as soon as trend breaks!
Will do!
cant be 1 -2 it took too long?
Nope 🙂↔️
Soon bitcoin will break the sound barrier
Hahah speed of light!