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Topic: trading market trend (Read 328 times)

hero member
Activity: 2870
Merit: 594
February 21, 2019, 12:32:45 PM
#39
Actually technical  analysis is very usefull if we see the historical price in big times frame. For example look the price action in weekly chart of Bitcoin  price,  in that history we can see trend of Bitcoin price already bearish and bullish many times but when bullish the price is always go higher percentage than down. We will see another bull market for sure,  and to get better profit choose only good fundamental coin to trade or to invest.

I'm not a fan of technical analysis specially for sure term.

If I'm going to trade today, then I will just look at the current price and jump in when I see fit and get out and book a profits.

Although the last couple of days is not good to short because the price seems to really pick up and it's hard to make money by shorting. But at the end of the day, if you doesn't feel comfortable then wait till everything settles, before getting in, instead of pushing yourself with technical analysis that doesn't work in short term, just saying.
sr. member
Activity: 1120
Merit: 256
February 21, 2019, 12:01:38 PM
#38
the current market is very difficult to predict technical analysis there is no point in indicators not working well what you do to trade in a market like this
The technical analysis will not the only important reason to get good trading and also fundamental analysis are very helpful for it read it to read properly and get income also been fundamental analysis something to trade easily.
it's true that if you want to trade that works well, you must use both analyzes, because it's very important for our trade to be able to quickly succeed later
hero member
Activity: 2828
Merit: 611
February 21, 2019, 11:57:57 AM
#37
the current market is very difficult to predict technical analysis there is no point in indicators not working well what you do to trade in a market like this
I personally don't work with prediction of technical analysis from diverse exchange, I just remain on one exchange and watch the chart flow for hours and see how the trend is then I jump into the for a short period of time switching between coins and back to USDT in order to make profit. My strategy has been working well for me and i think you should try it out too.
member
Activity: 476
Merit: 10
February 20, 2019, 10:05:37 PM
#36
Actually technical  analysis is very usefull if we see the historical price in big times frame. For example look the price action in weekly chart of Bitcoin  price,  in that history we can see trend of Bitcoin price already bearish and bullish many times but when bullish the price is always go higher percentage than down. We will see another bull market for sure,  and to get better profit choose only good fundamental coin to trade or to invest.
hero member
Activity: 1820
Merit: 566
February 20, 2019, 07:49:33 PM
#35
In my opinion, technical analysis is work better in crypto trading especially for coins that has high trading volume. Use  Price pattern and candlestick pattern to predict the price  is more accurate in swing trading.
Technical analysis do really need on this kind of industry, where money value involve patterns should be traced and tracked according to charts. Cryptocurrency with high trading volume is lot easier to follow the ups and downs unlike the uncommon ones present in the market. As for me i dont trade low volume coins because of low volatility and the price might just stay stable in a long period of time.
The candlestick pattern is a way that should be understood in trade with patience that is owned, so it allows traders to be able to make good decisions. So, whatever the trend is going on and when a trader understands each indicator on the chart, they will still remain calm with all the analysis they have made.
You're right with what you said about the candle stick but crypto currency market has gone beyond relying on the pattern poses by the candle stick because the good news about upcoming event in the crypto sphere also need to be added in other to achieve a tangible result.
This was the strategy applied by someone acouple of days back and he end up making huge $$ in few days.
full member
Activity: 2128
Merit: 180
February 20, 2019, 07:38:52 PM
#34
In my opinion, technical analysis is work better in crypto trading especially for coins that has high trading volume. Use  Price pattern and candlestick pattern to predict the price  is more accurate in swing trading.
I think its not since the market is more volatile that it becomes more hard to predict. TA is more on accurate in stock market but in cryptomarket I think its not. Though of course traders must still use TA to help them on their trading decision, if the trend like his is too hard for you then better to hold.
legendary
Activity: 1624
Merit: 1129
Bitcoin FTW!
February 20, 2019, 07:16:41 PM
#33
You can always step out of the market temporarily and wait until things settle down a bit more to the point that you're able to trade effectively again using your existing strategies, or test new ones with smaller amounts of money and put more in gradually if you find they work out. I've seen plenty of people step out of this market in the last few months, especially leveraged traders, as there's been plenty of stop hunts and frequent large red and green candles that have been plaguing those with high leverage as of late. Nothing wrong with taking a little break.
full member
Activity: 784
Merit: 123
February 20, 2019, 06:53:29 PM
#32
the current market is very difficult to predict technical analysis there is no point in indicators not working well what you do to trade in a market like this
The technical analysis will not the only important reason to get good trading and also fundamental analysis are very helpful for it read it to read properly and get income also been fundamental analysis something to trade easily.
That's very important compared to those having no reference, and it can be compared to battle like no having preparations likely to loss in due to such reasons. If we're trading we should be equipped with enough tools in order to win and have our gains. All fundamentals should be applied, and enough focus and perseverance will always be there so that we will become successful.
If we want to win, we should have to work for it and may sacrifice sometimes. Mistakes and failures will have to come along but we can minimize if we carefully analyze every move we made and stick on the plan.
TA is very important as it is our basis for our plans and strategies, if we don't have this skills, it definitely we've got nothing instead of losing our funds.
sr. member
Activity: 536
Merit: 250
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February 20, 2019, 06:46:40 PM
#31
the current market is very difficult to predict technical analysis there is no point in indicators not working well what you do to trade in a market like this
The technical analysis will not the only important reason to get good trading and also fundamental analysis are very helpful for it read it to read properly and get income also been fundamental analysis something to trade easily.
That's very important compared to those having no reference, and it can be compared to battle like no having preparations likely to loss in due to such reasons. If we're trading we should be equipped with enough tools in order to win and have our gains. All fundamentals should be applied, and enough focus and perseverance will always be there so that we will become successful.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
February 20, 2019, 05:36:51 PM
#30
In my opinion, technical analysis is work better in crypto trading especially for coins that has high trading volume. Use  Price pattern and candlestick pattern to predict the price  is more accurate in swing trading.
Technical analysis do really need on this kind of industry, where money value involve patterns should be traced and tracked according to charts. Cryptocurrency with high trading volume is lot easier to follow the ups and downs unlike the uncommon ones present in the market. As for me i dont trade low volume coins because of low volatility and the price might just stay stable in a long period of time.
The candlestick pattern is a way that should be understood in trade with patience that is owned, so it allows traders to be able to make good decisions. So, whatever the trend is going on and when a trader understands each indicator on the chart, they will still remain calm with all the analysis they have made.
full member
Activity: 602
Merit: 111
February 20, 2019, 03:16:31 PM
#29
the current market is very difficult to predict technical analysis there is no point in indicators not working well what you do to trade in a market like this
The technical analysis will not the only important reason to get good trading and also fundamental analysis are very helpful for it read it to read properly and get income also been fundamental analysis something to trade easily.
hero member
Activity: 998
Merit: 504
February 20, 2019, 02:59:38 PM
#28
the trend is always changing, it can even be said to be very fast changing, along with the price of the crypto currency itself, including bitcoin, sometimes these coins are not always a trend in the market, therefore doing our trading must be more updated in information related to bitcoin
It is quite to understand how the market behave any time and so we can't speculate the right trend  it have in few minutes. So everything must be prepared and to be prepared for any losses might happen along the way. But we shouldn't be discourage and even thinking of quitting cause we eventually get it somehow.
Profit and lost is part of trading and I think that every trader know it better. Now it is up to him that how he can manage his trading activities, from where he can bring some good ideas which can be helpful for him in promoting and getting profit from trading.

He need to study the market regularly, should get help from their expert friends and should always study different sites from where he can also get good information.
hero member
Activity: 2548
Merit: 666
I don't take loans, ask for sig if I ever do.
February 19, 2019, 04:55:59 AM
#27
In my opinion, technical analysis is work better in crypto trading especially for coins that has high trading volume. Use  Price pattern and candlestick pattern to predict the price  is more accurate in swing trading.
Technical analysis do really need on this kind of industry, where money value involve patterns should be traced and tracked according to charts. Cryptocurrency with high trading volume is lot easier to follow the ups and downs unlike the uncommon ones present in the market. As for me i dont trade low volume coins because of low volatility and the price might just stay stable in a long period of time.
member
Activity: 462
Merit: 11
February 18, 2019, 11:31:09 PM
#26
In my opinion, technical analysis is work better in crypto trading especially for coins that has high trading volume. Use  Price pattern and candlestick pattern to predict the price  is more accurate in swing trading.
full member
Activity: 1106
Merit: 166
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February 17, 2019, 03:11:47 PM
#25
the current market is very difficult to predict technical analysis there is no point in indicators not working well what you do to trade in a market like this
we don't have any other option without trading in this type of situation also if we don't want this income then you can get out from this field but most of the traders will need money at all type so we need to face any type of situation and make money.
legendary
Activity: 2030
Merit: 1028
February 17, 2019, 09:08:14 AM
#24
I'm usually predict using MA 100 & 200 indicator for long term investment because IMO, most crypto are great for long term investment.
The result of my TA is MA 200 greater than 100 which mean the market still not recommend to invest in.
But I can't say for sure because we all know that crypto is unpredictable !
full member
Activity: 700
Merit: 117
February 17, 2019, 08:55:19 AM
#23
the trend is always changing, it can even be said to be very fast changing, along with the price of the crypto currency itself, including bitcoin, sometimes these coins are not always a trend in the market, therefore doing our trading must be more updated in information related to bitcoin
It is quite to understand how the market behave any time and so we can't speculate the right trend  it have in few minutes. So everything must be prepared and to be prepared for any losses might happen along the way. But we shouldn't be discourage and even thinking of quitting cause we eventually get it somehow.
sr. member
Activity: 812
Merit: 250
February 17, 2019, 07:24:45 AM
#22
the current market is very difficult to predict technical analysis there is no point in indicators not working well what you do to trade in a market like this
If you want to protect yourself do not sell at this moment because most of the whales are selling gradually it will move to downward so peoples are afraid in current situation. But I recommend to hold and buy in this dip because crypto market is not stable at anytime so as soon as possible market will recover in future.
it depends to the trader if he/she want to sell her/his cryptocurrencies. If you have enough knowledge about trading then it will be easy for you to make some decision during this time that the market isn't in a good condition. We can't blame those people who is afraid in the current situation of market most of them are afraid to risk and we can't literally avoid that.
full member
Activity: 658
Merit: 100
February 15, 2019, 09:11:33 AM
#21
the trend is always changing, it can even be said to be very fast changing, along with the price of the crypto currency itself, including bitcoin, sometimes these coins are not always a trend in the market, therefore doing our trading must be more updated in information related to bitcoin
sr. member
Activity: 882
Merit: 282
February 15, 2019, 08:02:43 AM
#20
Depends on your knowledge of the working of indicators.  Technical indicators are many and there are some that can still predict the market accurately.  Cryptocoins market is in the downward trend and that did not mean that some indicators are not showing signal on why the market is down.  We can see some candlesticks formation showing weak market and low volume.
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