I see a rising price on falling volume. IMO, not usually a great signal.
You're only looking at what you can see.
Look deeper.
The volume will soon increase and we will see a large chunk of coins bought on the ask.
Topic: Basic chart analysis: These two charts suggest the price is about to rise. Why? (Read 422 times)
May 13, 2015, 08:11:06 AM
You're only looking at what you can see.
Look deeper.
The volume will soon increase and we will see a large chunk of coins bought on the ask.
May 13, 2015, 08:07:45 AM
I see a rising price on falling volume. IMO, not usually a great signal.
May 13, 2015, 08:05:15 AM
Let's test your chart reading abilities.
These two charts show that we are about to see the price jump from $244 to at least $247, possibly a little higher in the next 24 to 48 hours.
Why?
http://imgur.com/HDNdw4M,5VjkTVN
Holy shit, those came out way bigger than I wanted. How do I reduce the size of pictures? Sorry.
These two charts show that we are about to see the price jump from $244 to at least $247, possibly a little higher in the next 24 to 48 hours.
Why?
http://imgur.com/HDNdw4M,5VjkTVN
Holy shit, those came out way bigger than I wanted. How do I reduce the size of pictures? Sorry.
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