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The logarithmic chart is the one I'm watching for a future top....

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    The logarithmic chart is the one I'm watching for a future top. Used in conjuction with the second graph.

    https://hotcopper.com.au/data/attachments/2724/2724920-35947b10246d15431e2b00a54e7eb746.jpg

    https://hotcopper.com.au/data/attachments/2724/2724937-b0d38fa1aeaa239834a4bf9442e37499.jpg

    Now check out the monthly Heikin Ashi chart price position and specifically where RSI peaked for the last two tops vs the current RSI position.
    https://hotcopper.com.au/data/attachments/2724/2724966-4708a0a475467aa308fb9b89ad1fb17e.jpg

    Using the above with the below, we can forecast a potential blow off top around Nov/Dec 2021 when the herd has arrived and interest has peaked.

    This is not trading advice.

    Last edited by HCuser3: 11/12/20
 
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