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Topic: Where are the chart experts? (Read 156 times)

hero member
Activity: 1316
Merit: 731
Leading Crypto Sports Betting & Casino Platform
March 29, 2022, 11:50:36 PM
#26
I'm not sure when it will break ATH, as it's not too much of a priority for me in this market. I like it and always try to buy more BTC for myself. My strategy may be different, but given the current state of this market, I always believe that technical analysis is not enough to make us believe it.
The steps you have taken are actually very good because Bitcoin is always good to collect as much as possible because considering the potential for increase in the market is always there and is also used as a basic benchmark for other improvements such as many altcoins because it still happens to many popular altcoins in the market.
sr. member
Activity: 1624
Merit: 292
Eloncoin.org - Mars, here we come!
March 29, 2022, 11:35:47 PM
#25
In what range? I think in the short term, the market is showing a lot of positive signals and everyone's excitement. At the moment, I think we are almost dependent on the news. The price of BTC fluctuates strongly, it plummets and rises strongly Smiley . Although I am also very optimistic about the market, I still sincerely advise newcomers to have a plan to control their investment money well. The economy is becoming increasingly difficult and we also need to prepare contingency plans for bad cases.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
March 29, 2022, 11:08:49 PM
#24
BTC can reclaim ATH but the point is when it will happen no expert can tell you, the Bitcoin movement is unpredictable.

Currently looking at the daily chart, BTC has 8 green candles in a row I think it will have a little correction to continue to rise again. I don't think new ATH will happen anytime soon, my next target is 50k. I predict the uptrend will continue into April when we will see another altcoins season coming.

sr. member
Activity: 2310
Merit: 366
March 29, 2022, 10:02:21 PM
#23
Forget about charting for a while. There is Terra planning, or actually in the process of buying already, to acquire a total of 10 billion USD in Bitcoin. The purchase has been ongoing. Accordingly, the plan is to buy a total of 125 million USD in Bitcoin everyday. With that amount, the buying will last up to 3 months. If this will happen according to plan, there is no way Bitcoin won't reach $50,000 in the coming days or weeks. And who will not be buying Bitcoin right now along with Terra when the plan is to buy more than a hundred million USD of Bitcoin a day for three months? There's an easy profit waiting for those who buy today.
hero member
Activity: 2632
Merit: 833
March 29, 2022, 09:31:19 PM
#22
Can BTC reclaim its ATH? What my own chart a showing me is that BTC have found a new territory at 44-47k and if this range keep up for like few days btc can finally breach the 50k territory once again, what is your own chart showing you?

The same here, if we can maintained the $47k territory, we might see a good pump to $50. And this is going to be crucial, as usually this round numbers are a big barrier to break, but it if is broken and sustained then the price could go on the mids, like $55k.

And what this means to the altcoin market? it means that it will trickle down, and will have the positive effect on the market and we might see some of them going up together with bitcoin.
sr. member
Activity: 1302
Merit: 252
Sugars.zone | DatingFi - Earn for Posting
March 29, 2022, 08:27:56 PM
#21
Can BTC reclaim its ATH?
I'm not sure when it will break ATH, as it's not too much of a priority for me in this market. I like it and always try to buy more BTC for myself. My strategy may be different, but given the current state of this market, I always believe that technical analysis is not enough to make us believe it.
member
Activity: 633
Merit: 10
March 29, 2022, 07:48:43 PM
#20
i am not chart expert but based on monthly timeframe i see higher high and higher low.and based on text boook it is bullish structure and possible to  create new ATH again, but once again it influenced by macro geo political and also another fundamental which is could change market direction. but hopefully while geopolitical running well , in next 2 months bullish movement still maintain.
hero member
Activity: 2786
Merit: 578
March 29, 2022, 06:15:21 PM
#19
What my own chart a showing me is that BTC have found a new territory at 44-47k and if this range keep up for like few days btc can finally breach the 50k territory once again, what is your own chart showing you?
Not an expert but if it's about technical analysis, I've read people with their analysis that it's likely that it's going to push from $52k to $56k and after that, it's going to be the start of the correction.

Just think of it at all times that no matter what analysis and predictions are out there, still bitcoin is an unpredictable asset whether you're good in reading its chart.
TA can help but I agree BTC does it's own thing. Still I think we are like 1year away from new ATH if we look bigger picture. I expect 10trilion market cap for crypto in global in like 1 or 2 years.
Sure it can help and there's really no argument with that and that's for sure.

But times will do come that even you're good at it, bitcoin will show to everyone its been unpredictable. Just like what it did that when it was stagnant around $41k and it did a quick rise and surprised everybody.

$10T for the market cap is very possible, we're going to be there but we don't know when exactly. I don't want to time the market but for sure there are institutions that's going to make it happen.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
March 29, 2022, 12:27:13 PM
#18
Reading charts alone isn't enough to know where the market is directing,
I can agree with it but i just remind you that if in another time using only TA to trade was also working as well.
The only problem is good or bad news can change the sentiment instantly. Just like when the news about the war was coming a few weeks ago and market was falling. The same scenario was also happening when covid was attacking the world.
even pro traders sometimes see the unforeseen when trading so everything is based on prediction.
None know about the future and what can be done by the traders were only predicting. They are using various information to know which the direction that will be happening with market.
sr. member
Activity: 1274
Merit: 264
March 29, 2022, 11:42:50 AM
#17
Can BTC reclaim its ATH?
Yes but only time will tell when.

What my own chart a showing me is that BTC have found a new territory at 44-47k and if this range keep up for like few days btc can finally breach the 50k territory once again, what is your own chart showing you?
Not an expert but if it's about technical analysis, I've read people with their analysis that it's likely that it's going to push from $52k to $56k and after that, it's going to be the start of the correction.

Just think of it at all times that no matter what analysis and predictions are out there, still bitcoin is an unpredictable asset whether you're good in reading its chart.
TA can help but I agree BTC does it's own thing. Still I think we are like 1year away from new ATH if we look bigger picture. I expect 10trilion market cap for crypto in global in like 1 or 2 years.

Yes, that is correct depending on the market cap but we might expect a sudden market soar.

The bitcoin market is really unpredictable but it's really a good investment for the long term and not for a daytrader.
hero member
Activity: 2408
Merit: 693
Undeads.com - P2E Runner Game
March 29, 2022, 11:17:29 AM
#16
Maybe this might help you @op, found it from the telegram channel i follow.


"The resistance is almost cleared! There are still some sell orders up to $48k, however, the most part of the job is done!"

Base on the chart above it seem possible once btc able to break resistance, as you know TA are not 100% correct, they only give idea of what can happen but they are not fact.
hero member
Activity: 2072
Merit: 531
March 29, 2022, 11:12:10 AM
#15
Bitcoin could reclaim ATH but no one can tell when that will happen, nor is an expert always right. The current price range for bitcoin should be able to break 50K for the beginning of Q2 later, hopefully like that, it's been 2 weeks the increase in Bitcoin prices has improved and altcoins have indeed followed suit, I also hope we will see prices return this year or next year.
full member
Activity: 1064
Merit: 101
HELENA
March 29, 2022, 10:52:17 AM
#14
Can BTC reclaim its ATH? What my own chart a showing me is that BTC have found a new territory at 44-47k and if this range keep up for like few days btc can finally breach the 50k territory once again, what is your own chart showing you?

the closest resistance at this time is 50K, if bitcoin breakout is not impossible if in the near future bitcoin will return to ATH. according to the analysis I made some time ago, it's highly likely that this will come true. and if that happens later we can see a bull altcoin market. so just hope there is no bad news in the future, this will determine whether my analysis is correct or not.
member
Activity: 252
Merit: 12
March 29, 2022, 10:28:28 AM
#13
Crypto is too volatile that's why I don't always trust chart reading, anything can happen at any time, if you are a investor you need to play safe with your money, do not relent thinking that BTC can't go down anymore.
sr. member
Activity: 1524
Merit: 270
March 29, 2022, 10:16:19 AM
#12
Can BTC reclaim its ATH? What my own chart a showing me is that BTC have found a new territory at 44-47k and if this range keep up for like few days btc can finally breach the 50k territory once again, what is your own chart showing you?

Bitcoin price keeps pumping. Changing the chart to green every day allows Bitcoin to reach ATH. However, ATh previously reached $68,789 or still less than 30% of the current price. However I remain optimistic that the price of Bitcoin exceeds the previous ATH.
sr. member
Activity: 2100
Merit: 254
March 29, 2022, 10:01:32 AM
#11

If you really are looking for successful TA, you can try find them from tradingview and see how their earlier predictions turned out. It's better then looking at twitter chartists since public TA can't be deleted in tradingview from what i know at least. So you can see every horrible mistake they did.

I never really trust TA, especially not for crypto. With a chart you can prove anything and there will always be some people that will have made a correct prediction but the other times they will be wrong. Crypto is too volatile and can move up/down a lot with or without real reason.
member
Activity: 889
Merit: 60
March 29, 2022, 09:40:37 AM
#10
Can BTC reclaim its ATH? What my own chart a showing me is that BTC have found a new territory at 44-47k and if this range keep up for like few days btc can finally breach the 50k territory once again, what is your own chart showing you?

If you really are looking for successful TA, you can try find them from tradingview and see how their earlier predictions turned out. It's better then looking at twitter chartists since public TA can't be deleted in tradingview from what i know at least. So you can see every horrible mistake they did.
hero member
Activity: 2268
Merit: 507
March 29, 2022, 08:27:10 AM
#9
Can BTC reclaim its ATH?
the answer is bitcoin can reclaim its ATH or even higher than it. The only big questions is when will new ATH of bitcoin come?
We can only see that where bitcoin will be going on.


What my own chart a showing me is that BTC have found a new territory at 44-47k
Glad your chart has become the true prediction. This can become a very good support for bitcoin as long as bitcoin can still sustain above 47k. Im expecting bitcoin to head another higher rate again. that will be around 49k.

and if this range keep up for like few days btc can finally breach the 50k territory once again, what is your own chart showing you?
I hope see but we will see. The daily volume was not so much. Bitcoin needs to get another big support. It seems like that people are starting to aware if bitcoin will be heading to the roof again.
jr. member
Activity: 45
Merit: 1
March 29, 2022, 08:21:15 AM
#8
Reading charts alone isn't enough to know where the market is directing, even pro traders sometimes see the unforeseen when trading so everything is based on prediction.
hero member
Activity: 798
Merit: 546
March 29, 2022, 08:14:45 AM
#7
From my side looking at the weekly and daily time frame, my perspective on the chart
using the weekly time frame, the target is $57500 that is , the market taking us back for a retest on the neck line of the weekly H&S pattern that brought us into the bear market we had.
on same weekly time frame, the break out of the W or Double bottom trend reversal pattern that  brought us to current price we are right now is pointing towards $51,800-52k price target.
whereas for the daily time frame ,the target for this current break out of the falling wedge is $55,888.
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