What are the advantages of using log linear plots in the technical analysis of digital currencies?

1 answers

• Dec 26, 2021 · 3 years ago
  As an expert in the field of digital currencies, I can confidently say that log linear plots are an essential tool in technical analysis. They provide a unique perspective on price movements that other types of plots simply cannot replicate. Log linear plots allow traders to see the relative changes in price on a percentage scale, which is crucial in the world of digital currencies where volatility is the norm. These plots also make it easier to identify key levels of support and resistance, as well as trend lines. Overall, log linear plots enhance the accuracy and effectiveness of technical analysis in the digital currency market.
  639320