/biz/ - Business & Finance

Stop posting the rainbow chart Anonymous Sun Aug 21 18:31:15 2022 No.51026266 [View]
File: 165 KB, 2400x1200, BTC_Pred.png [View same] [iqdb] [saucenao] [google]

Use this one instead, accounts for decreasing volatility. Formulas for buy & sell lines:
>Buy: Price = EXP(LN(Date)*5.5046 - 36.8846)
>Sell: Price = EXP(LN(Date)*4.4549 - 26.2872)
Where date is days since April 26, 2009 (being day 0) - somewhat arbitrary for log scaling

Indicator (graph B) just scales the price so that 0 & 1 correspond to the buy and sell lines. Few more details here: >>/biz/thread/49786005

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