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How can I create a logarithmic scale graph to analyze cryptocurrency price trends?

avatarCecile MongetMar 21, 2022 · 3 years ago1 answers

I want to analyze the price trends of cryptocurrencies using a logarithmic scale graph. How can I create such a graph?

How can I create a logarithmic scale graph to analyze cryptocurrency price trends?

1 answers

  • avatarMar 21, 2022 · 3 years ago
    Creating a logarithmic scale graph to analyze cryptocurrency price trends can be done using various charting tools. One popular option is TradingView, which offers a wide range of technical analysis features. To create a logarithmic scale graph, you can select the desired cryptocurrency and time period, and then adjust the scale to logarithmic. This will help you visualize the price trends more accurately, especially when dealing with cryptocurrencies that have experienced significant price increases. By analyzing the logarithmic scale graph, you can identify potential patterns or trends that may not be as apparent on a linear scale graph. Remember to consider other factors such as market sentiment and news events when interpreting the price trends.