Next time you represent your chart in candle option mode. Charts are better understood and interpreted better when in candle sticks because many traders learn and understand candles more.
For the analysis, you maybe having some bear correction but it favours bull in the long time.
Topic: Is This Chart Bullish or Bearish? - page 4. (Read 682 times)
This looks like the reversed-BTC chart 
I would say that there are chances for a short-term up movement. Whether the downtrend can be stopped needs to be seen...
I would say that there are chances for a short-term up movement. Whether the downtrend can be stopped needs to be seen...
I am amature but for just learning purposes I will say something about it.
Downtrend is stopped, bottom forming took place. It could be in a upside channel, however to early. The last candel suggest that it could decrease towards the bottom (close) and then increase to try upside.
Downtrend is stopped, bottom forming took place. It could be in a upside channel, however to early. The last candel suggest that it could decrease towards the bottom (close) and then increase to try upside.
Ey guys, I need your help. Here’s a chart of an alt I’m interested in buying but I’m not really sure if it’s starting to look bullish or if it’s down trend continues... I mean with the whole market being in the red and all.
But just by looking at the chart, without bias, and just by optics or how it looks, is the chart bullish or bearish?
Edit: I won’t tell you guys the name of the alt for now. I’ll tell you later.
But just by looking at the chart, without bias, and just by optics or how it looks, is the chart bullish or bearish?
Edit: I won’t tell you guys the name of the alt for now. I’ll tell you later.
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