As far as it can't predict next week or two with even 50% of accuracy, I'm not into that. Crypto market has no objective rules basically, so you can't trust these charts blindly
Well If you can see thorough the graphics can give you visions not just the 50% but 80% that I see there,believing there depends on you dude well rules do not exist but some experts have gone through hard times to read the market from before the BTC value up to 1K and have passed 18K here many have done that. 
Topic: Do you trust chart analysts? - page 6. (Read 3271 times)
As far as it can't predict next week or two with even 50% of accuracy, I'm not into that. Crypto market has no objective rules basically, so you can't trust these charts blindly
charts are only a reference that records the past movements of cryptos and they dont predict any future or incoming flow but i must say that i do trust them because charts do not lie and they are verry accurate when it comes to the history of cryptocurrency.
However i do not trust charts that do an advance predictions because i still beleieve that cryptos are unpredictable and no one can predict their overall outcome .
Do you really trust chart analyst?lot of people predict bitcoin price with chart analyst.but i don't trust them.i think bitcoin price and other crypto price depend on supply,demand and NEWS.
very important, we can read the movement in general within a certain period of time, not only that, we can also know the price up or down
As far as it can't predict next week or two with even 50% of accuracy, I'm not into that. Crypto market has no objective rules basically, so you can't trust these charts blindly
Do you really trust chart analyst?lot of people predict bitcoin price with chart analyst.but i don't trust them.i think bitcoin price and other crypto price depend on supply,demand and NEWS.
very important, we can read the movement in general within a certain period of time, not only that, we can also know the price up or down
Supply and demand plus news moves the market however charting analysis will indicates the most appropriate time to buy or sell based on indicators and candlesticks formations thus it is mandatory or compulsory for a trader to be fully equipped with both technical and fundamental analysis
Graphical analyst is a technical analysis involving the use of graphs or technical indicators, to predict the direction of currency movement. We don't have to believe because graphics analyst himself there's actually a tool whose job is to summarize the development which takes place around the currency which helps us in analyzing the development of currency in the market.
I trust, chart analysis I usually use as a consideration to buy a coin or not, and also as an indicator where it is time I will buy and where I will sell, so far if we really use it efficiently and appropriately then we will get profit from the analysis chart we use.
Actually, I do make them as a reference for my own chart and analysis. But these chart analysts are one of the best tools we could use to assess the trend of a certain player. Though our judgment and decisions will still depend on our own assessment. I agree with those factors that OP said, Rates of Bitcoin do depend on the supply and demand at the market. To add, News (fake or not) that are rapidly spreading has also affected the market due to panicking and other emotional imbalance once they heard a news.
Do you really trust chart analyst?lot of people predict bitcoin price with chart analyst.but i don't trust them.i think bitcoin price and other crypto price depend on supply,demand and NEWS.
very important, we can read the movement in general within a certain period of time, not only that, we can also know the price up or down Do you really trust chart analyst?lot of people predict bitcoin price with chart analyst.but i don't trust them.i think bitcoin price and other crypto price depend on supply,demand and NEWS.
of course I believe with graphical analysis but I do not really believe because if just looking at the graph just seems to be lacking, you have to have a lot of capital to be able to play around the price as in doing MTgox who toyed the price because he has more than 150k bitcoin.
Agree, because many people confused about the chart reading and don't clear idea about the how to analyse. Most of the people who don't have any idea about the charts better he will wait until the price increase, but chart reading is really a good though because he might guess the present situation of the coin.
Do you really trust chart analyst?lot of people predict bitcoin price with chart analyst.but i don't trust them.i think bitcoin price and other crypto price depend on supply,demand and NEWS.
of course I believe with graphical analysis but I do not really believe because if just looking at the graph just seems to be lacking, you have to have a lot of capital to be able to play around the price as in doing MTgox who toyed the price because he has more than 150k bitcoin.
Chart Analysis is one of the tool we need to know in trading this will help us identify if a certain coin will go up or down but its not 100 percent reliable is because the market is very volatile and can change no matter how good the chart looks specially with crypto. But knowing how to read chart is a good advantage if we want to be a good trader.
Not only traders but also investors are always depending on the charts because charts can give them a hint or a clue on what will be the next move of the coin. although i also agree that the value of the coin will still depend on the demand and supply but atleast these charts can still give us a little help in order to have a reference on what coin is the best to hold and what should be avoided. Overall there are now many indicators and tools tha we can use if we are tracking a coin , not just a chart analysis.
Chart Analysis is one of the tool we need to know in trading this will help us identify if a certain coin will go up or down but its not 100 percent reliable is because the market is very volatile and can change no matter how good the chart looks specially with crypto. But knowing how to read chart is a good advantage if we want to be a good trader.
I do not really believe in such an analysis, but sometimes I hope it does happen. sometimes my chart analysis is really overkill, and sometimes it's wrong. well, I often take the opportunity when the price of the pump, than to analyze it.
analysis chart is very necessary when we trade in the short-term or often we are familiar with scalping techniques. However, the bitcoin price movement is not what we think much less the movement cannot be compared with the stock movement. Fluctuations in bitcoin prices are still influenced by some of the news that is becoming a benchmark for millionaires to capitalize on these fluctuations so that fundamental analysis becomes an appropriate way to analyze bitcoin price movements in the market.
Do you really trust chart analyst?lot of people predict bitcoin price with chart analyst.but i don't trust them.i think bitcoin price and other crypto price depend on supply,demand and NEWS.
Chart analysis works but it's limited many people think they can predict how the price is going to move every single second and that is simply not possible since there is a lot of factors as you describe that can modify the price especially the news because when a bad news comes regarding bitcoin we are very familiar with what will happen there is going to be panic and the price is going to crash.Do you really trust chart analyst?lot of people predict bitcoin price with chart analyst.but i don't trust them.i think bitcoin price and other crypto price depend on supply,demand and NEWS.
Chart analysis works but it's limited many people think they can predict how the price is going to move every single second and that is simply not possible since there is a lot of factors as you describe that can modify the price especially the news because when a bad news comes regarding bitcoin we are very familiar with what will happen there is going to be panic and the price is going to crash. 
Do you really trust chart analyst?lot of people predict bitcoin price with chart analyst.but i don't trust them.i think bitcoin price and other crypto price depend on supply,demand and NEWS.
to be honest for now the chart analysis seems to have been not very used because it will lose with the bad news or good news from cryptocurrency for now who has the capital or have a lot of bitcoin can move the financial condition of cryptocurrency.
Its extremely hard to trust just charts or technical analysis when it comes to bitcoin or cryptocurrencies in general. There is so much volatility and prices can be so easily affected by tons of variables. A simple fake news story could easily drive the price down or a simple tweet from a know enthusiast can drive the price up. At times like these, i believe the best analysis would be a fundamental analysis that take into consideration the risks and future roadmap of a cryptocurrency project.
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