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Topic: What is exactly going on in price chart. - page 2. (Read 223 times)

legendary
Activity: 1624
Merit: 1200
Gamble responsibly
March 26, 2023, 03:29:25 AM
#3
Charts consist of information about the price of a coin, it does not show if some traders are emotional traders or trading to liquidate other traders trading fund.

A coin with high marketcap would be hard to manipulate, that is why it is better to go for such type of coin, like bitcoin.

i want to ask what is exactly a price chart (chart we see while trading) some people say that the candles are formed by smart money (intuitional trader, trader's with big capital who want liquidity and always look for stoplosses of major trader's ) or the candles are totally random and some people says the chart is form by human emotion, explain what is exactly a chart including all that above points (totally random or moves according to smart money and not random)
Some traders are good and do not trade with emotion, while some traders have very little emotion, while some traders are just newbies and they will make many mistakes they can learn from. The chart consists of the information about a coin price. Like if you use the candle stick chart, each candles consists of the opening, closing, highest price for the time range used and the lowest price for the time range used.

The importance of candlesticks in a trading chart is used by traders to determine possible price movement based on past patterns. It shows four price points (open, close, high, and low) throughout the period the trader specifies. This has certainly nothing to do with human emotion and neither is it a drawn diagram. It is there for a purpose and there is a basic definition of your worry.
On some exchanges, the candle stick chart can also consist of price change percentage, number of transactions, the volume for the time range chosen.
member
Activity: 868
Merit: 12
March 26, 2023, 01:51:28 AM
#2
The importance of candlesticks in a trading chart is used by traders to determine possible price movement based on past patterns. It shows four price points (open, close, high, and low) throughout the period the trader specifies. This has certainly nothing to do with human emotion and neither is it a drawn diagram. It is there for a purpose and there is a basic definition of your worry.
full member
Activity: 448
Merit: 223
March 26, 2023, 01:41:49 AM
#1
i want to ask what is exactly a price chart (chart we see while trading) some people say that the candles are formed by smart money (intuitional trader, trader's with big capital who want liquidity and always look for stoplosses of major trader's ) or the candles are totally random and some people says the chart is form by human emotion, explain what is exactly a chart including all that above points (totally random or moves according to smart money and not random)

means, all movement are totally random? or previously anyone can determine were will the market going,

EDIT: many of your not understood what i am telling here^ because of my english.

I was asking that the chart formed was formed according to institutions and people with big capital.., or institutions also don't know what will going to happen in next hour.
[in regular days..(no big news no FED problems)] and , many movements while breakout, breakdown, crossing of MA's are works exactly according to TA for sometimes, because many many bots are trading, so that quick movement we see is because of bots?

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