Crypto Trading. Log or Linear Scale to use?

Understanding these scales is vital for making informed trading decisions and maximizing profitability. I'll show you on real examples the key differences between logarithmic and linear scales, their advantages, and when to use each one.
Logarithmic Scale:
- The logarithmic scale represents price movements on a percentage basis rather than a fixed value basis.
- It's ideal for analyzing assets with large price ranges or exponential growth, such as cryptocurrencies and high-volatility stocks.
- Logarithmic charts smooth out price movements and provide a clearer view of long-term trends, making them valuable for identifying potential breakout points and market cycles.

Linear Scale:
- The linear scale represents price movements based on fixed price increments.
- It's suitable for analyzing assets with relatively stable price ranges or linear growth, such as traditional stocks and commodities.
- Linear charts provide a more detailed view of short-term price movements and are helpful for precise entry and exit points in trades.
In this video, l'll demonstrate how to switch between logarithmic and linear scales on trading platforms like TradingView.

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🚨Disclaimer: Please be aware of the risks involved in trading. This video was made for educational purposes only not for financial Investment Purposes.
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🔑 Topic keywords: #logscale #tradingtips #cryptotradingstrategies