Competitive price analysis!! | Bitcointalksearch.org

Oasisman

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Quote from: Twentyonepaylots on July 26, 2020, 01:48:26 PM

Do technical analysis still good for trading basis? I mean the market is heavily unpredictable, do you guys still think that history analysis will do that much these days?

Well, yes If you use this tool properly with accurate data in identifying the past movements. However, not everyone is following one TA, and that's one of the many reasons why It became less effective. So, that's where the fundamental news came in, to help you further to get closer on the next possible Btc movement.

Quote from: kolbalish on July 26, 2020, 09:53:05 AM

Trading is simple if you understand it and you know the tricks as well as you have the analysis power to do so.

Not as simple as you think. Understanding the market and tricks won't make things easy in trading.
A lot of things to consider in trading such as TA (the link you provided), Fundamental news, market trend and sentiments, etc. But, the most important thing to acquire in trading is experience. All of the tutorials, tips, TA's, and other tools means nothing If you don't have enough experience in trading.

yhiaali3

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You can take advantage of this article by taking an overview of the market situation, but I certainly will not trade on all these Coins at one time, so I would prefer to have a thorough technical analysis of each coin alone with complete charts and price forecasts with specifying points of sale and buy and stops Loss is thus better to benefit if you want to trade, but this article can be used only to know the market situation in general.

Itsmylife

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Quote from: Gozie51 on July 28, 2020, 03:53:31 PM

Quote from: maxreish on July 27, 2020, 10:30:02 AM

I also used RSI together with MA and Stoch and so far it is doing good.

This indicators might not be all that a good trader requires. A good trader needs more of patients too. Therefore, making analysis of different coins is to show the expectation of how the performance can be but it now depends on the experience to prove the trade.

Have too much indicators to uses in TA, so I think we only need to know some indicators to trading because the more you understand one thing, the better you will be at it( I'm not good trader and I only use MACD, Stock RSI and KDJ). But the important thing to trading is news, we must catch the news as soon as possible.

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Quote from: Gozie51 on July 28, 2020, 03:53:31 PM

Quote from: maxreish on July 27, 2020, 10:30:02 AM

I also used RSI together with MA and Stoch and so far it is doing good.

This indicators might not be all that a good trader requires. A good trader needs more of patients too. Therefore, making analysis of different coins is to show the expectation of how the performance can be but it now depends on the experience to prove the trade.

Agree with that.
Traders have of different market approach and I know that TA's never work that efficient that is why it gives me a reason also to decline it, though not in a way that I'm not reading it because I did sometimes but because the market remains unpredictable.

I have my own TA and for sure the others will do the same. If it looks that you have that competitive market TA's, you'd better have to keep it and try how it works with you and have to prove it. If we keep relying about TA's we are much risking our funds to the iter hands also and the worse case is either to lose everything we have because of that stupid analysis. Myabe I'm bad.

Gozie51

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Quote from: maxreish on July 27, 2020, 10:30:02 AM

I also used RSI together with MA and Stoch and so far it is doing good.

This indicators might not be all that a good trader requires. A good trader needs more of patients too. Therefore, making analysis of different coins is to show the expectation of how the performance can be but it now depends on the experience to prove the trade.

Lordhermes

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Analysis gives you more hints but sometimes have failures in them, following up analysis before joining takes a lot of time if it solely on short term run or daily trading. You can only consider analysis on a long run or investment strategy pattern.
Have noticed some many times that prices of altcoin goes up following bitcoin rising time and vice versa. It's just a simple trick about cryptocurrence price movements but his us not a technical and professional analysis rather it's observation.

DoublerHunter

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^ It could somehow help to know the comparison of each cryptocurrency however, in the long run, it is always our own strategies and techniques that will give us the best shot in trading. Apparently most traders are basing it on the charts which I may consider as more helpful for it may give us a little idea when will be the best time to trade. Nevertheless, we cannot predict or foresee what will happen in every single minute of trading somehow charts and other resources can be a great tool in trading aside from the things that we can learn when we already do the trading, we all know that experience is still the best teacher.

maxreish

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Trading and learning price analysis needs more sources and more tools. The article itself just showed how those coins price moved with previous price to recent, but a newbie trader will be confuse to understand those. We need more dept knowledge like technical analysis/ indicators. A basic tutorial first to understand how this trading works.

Moreover, it will just lead to confusions for some newbies. But those who already knew some charts will appreciate the link OP provided, I also used RSI together with MA and Stoch and so far it is doing good.

Yamifoud

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Quote from: kolbalish on July 26, 2020, 09:53:05 AM

Trading is simple if you understand it and you know the tricks as well as you have the analysis power to do so.

Price Analysis: BTC, ETH, XRP, BCH, BSV, ADA, LTC, BNB, CRO, LINK
It will be very useful to understand if there has a comparative analysis in one page. To know about it, just follow the link below,

https://cointelegraph.com/news/price-analysis-7-24-btc-eth-xrp-bch-bsv-ada-ltc-bnb-cro-link/amp

This article may help you to know about the current situation about trading and you will able to get an idea from it.

I'd find it simple and things to learn also but this is not what we actually encountered when we are in trading. You can't simply picture out what will happen in the next days, prediction is something just guessing to an unsure direction. If we just rely on TA's, market prediction, you are just simply putting yourself at high-risk. People have lost their mind because they believe that they can easily make money for trading with the help of TA's but to say that it was in a big opposite when you are there.

We can simply think it easy at first but later on, we already find out how hard to be in trading even though you have knowledge and skills.
In real trading life, you can't just rely upon TA's because the future of our trading will depend on our decision and strategies.

Harlot

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They tried to make their technical analysis as complicated as possible and I don't know why they did that. For example if you read the part of Bitcoin, instead of using just the volume they instead used RSI to explain why there is no bullish movement happeninh. Simply showing the volume can explain why the breakout is failing. It's the basics of TA price increasing together with volume decreasing or no movement is equal as the breakout not being strong enough. Maybe author of the article is just trying to be some kin of pro for the newbies or something.

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Quote from: Twentyonepaylots on July 26, 2020, 01:48:26 PM

Do technical analysis still good for trading basis? I mean the market is heavily unpredictable, do you guys still think that history analysis will do that much these days?

TA good for guidance. It should however never be entirely relied upon. I don't know much about using historical analysis but like you said the Market is unpredictable so historical data won't help that much either.
TA indicators like Trade volume, Cash inflow and out flow etc can give a clue as what might be happening to the market.

Twentyonepaylots

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Do technical analysis still good for trading basis? I mean the market is heavily unpredictable, do you guys still think that history analysis will do that much these days? There's nothing wrong with predicting but posting it to some platform might mislead each other, it might just give you the same grave at the end. And as for centralized coins? going with posted prediction on a popular news platform might be a bait, always remember centralized coins are made to do such money Wink

This is why bitcoin is on top, decentralized no one's in control, make prediction as much as you want but still the bitcoin market will stand on its own.

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Quote from: kolbalish on July 26, 2020, 09:53:05 AM

Trading is simple if you understand it and you know the tricks as well as you have the analysis power to do so.

The article alone may not help much if you want to learn the tricks. You need to get into real trading while learning how interpret the different TA indicators from various sources such as YouTube videos and blogs. They say experience is the best teacher Wink

sheenshane

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It's a basic technical analysis and I dont see any educational purpose out there, and how they will prove their prediction.

There's nothing especially for me that link, it's all about random prediction but there's quite it seems helpful to understand the market situation in a short term, but that is only all about, nothing more.

The most anticipated by crypto enthusiasts after the halving happen is when the Bitcoin will surge over $10k prediction. Let's see what will happen but now, you can freely predict and don't expect it will give a good result.

kolbalish

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Trading is simple if you understand it and you know the tricks as well as you have the analysis power to do so.

Price Analysis: BTC, ETH, XRP, BCH, BSV, ADA, LTC, BNB, CRO, LINK
It will be very useful to understand if there has a comparative analysis in one page. To know about it, just follow the link below,

https://cointelegraph.com/news/price-analysis-7-24-btc-eth-xrp-bch-bsv-ada-ltc-bnb-cro-link/amp

This article may help you to know about the current situation about trading and you will able to get an idea from it.

Topic: Competitive price analysis!! (Read 188 times)