Thank you, brother! Ha! I too shy away from log scale at all cost (my gold chart below is in arithmetic scale, as I typically prefer.)
The reason I choose log-scale, in this case, is that there is simply not enough historical data to get a good feel for the wave structures. My Gold chart actually goes back to 1975, which provides more than enough historical data to garnish an accurate birds-eye-view in the standard "arithmetic" scale.
I'll pull up a linear chart again to take a second look - but no promises on rendering another interpretation.
Don't know who "@haejin" is, but yeah, I think you've pretty much interpreted my quick count accurately.
I'm a "music-man" now, so I really don't want to paint my blog with technical analysis. Perhaps if I had a second account, I might consider focusing on such - but right now, I am just super busy with the #openmic, and the #openmicsongwriters projects. I truly don't know that I could even find the proper amount of time to give such an endeavor - even if I had a dedicated account handle to do so.
Thanks for the suggestion though, and the link to the charting site - I really appreciate that, brother!
The most important thing is to be posting about what makes you happy. If it's music to you, so be it. But please consider giving my blog a visit from time to time to drop another gem comment like your previous ones.
I am still very interested to see your interpretation of an arithmetic 4 hours/daily chart of BTC :D
Thanks, man! I'm following you... I don't get to my feed as much as I ought to, but when I do, I'll be looking for you. :-)