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In a linear chart, you wouldn't even be able to see price fluctuations like that which is misleading. Quite easy to understand. You have to take many factors into account to make any sort of prediction — a single "shooting star"-looking candle isn't a guarantee that the price will go down, but it is an indication that, if the market is showing other bearish signsit has a higher probability of dipping in the short term. What do you mean? But with crypto, both sides of the comparison are unstable. Submitting petty or hyperbolic meta posts to stir up drama in the community may result in ban. I'm a bot, bleepbloop. As for candlestick patterns I wouldn't rely on. I know this because I have back-tested and forward tested my system in the forex market over multiple currency pairs. Price USD. Educational Candlestick cheat sheet imgur. Neither you, nor a "more qualified expert", will beat chance to does coinbase blacklist your ip or your name hitbtc and ltc and btc degree of statistical significance. This is probably the biggest indicator of a reversal coming. Khan Academy on Bitcoin Free Course. Important rule of finance: This subreddit is intended for open discussions on all subjects related to emerging crypto-currencies or crypto-assets. This is actually not comforting at all Do not solicit, complain about, or make predictions for votes.

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Because log charts like this one skew the data and make it look like a drop from 20k to 3k is. It is not real. Titles cannot be misleading. A logarithmic chart is a way better presentation of reality, as it gives a more realistic view of scale. Baseless price speculation, shilling, repetitive posts et cetera are removed. The price jumps all the time. Historical Determinism The fact is: Cap in BTC. No Spam Referral linking is strictly prohibited and will be met with a long-term or permanent ban. Post text. Is that reflected in an increase in market valuation? Doge miner for windows dogecoin mining cloud servers must be in English. Trolling, in all its forms, will lead to a suspension or permanent ban. The basic theory is that you can predict the weather tomorrow by carefully studying the weather from yesterday. Do not beg for karma.

Yes still useless patterns which do not explain anything in real life. Every study conducted shows TA offers no statistically significant advantage over chance. D Looks like we reached the top and now we will consolidate for next 2 years. Similar Cap. No Trolling. After a few millennia, I think it is safe to say that whatever markets there are for gold are completely saturated at this point, which is why it doesn't perform better than just holding its value. If you wish to have your subreddit or website listed in our sidebar, please review our sidebar listing policy first. And yes, since you're predictable TA works. Wave 3 is usually the largest. Don't get complacent. If you wish to have your subreddit or website listed in our sidebar, please review our sidebar listing policy first. See our Expanded Rules page for more details. Until then the results of TA are demonstrably lukewarm at best. We have about 2ish more cycles left before it gets to gold MC but I don't see why it couldn't pass gold, its easier and cheaper to own and more fungible. I can't say how effective my system would be in crypto because I haven't tested it there, but I can tell you there is a thing called good TA or quantitative analysis as some call it. Cap in ETH. And on top of this a lot of these crypto companies know this as well.

Very x low possibility. All Pairs. If everyone saw the technical inefficiency it would be arbitraged out and wouldn't exist anymore. The open would be what the price was at the beginning of the time period, and the close, the end. Market Cap. But that's the nature of attempting to recognize a good setup, and becoming familiar with very specific situations which are represented in things like candlestick patterns can definitely serve as a tool in the arsenal. No reputable trader or firm uses TA or reads candles. More on BTG. Submitting petty or hyperbolic meta posts coinbase exchange fees does my computer need to always be on for bitcoin stir up drama in the community may result in ban. No more than 2 promotional posts per coin on the top page. WTF kind of Chart is this? Downside is, can't chart most of the smaller coins. That website you keep mentioning uses Tron, yes, but it isn't from tron.

I thought it was a serious post about what you said and thought "oh cool", then I looked at the sub. Advanced Chart. Do not solicit, complain about, or make predictions for votes. Would have loved to see eat their hat penis over a certain prediction. That's how people technically also lose money in a bull market. Despite it being a big step forward for the company. FREE 0. Bitcoin really has crashed, worse than I ever realised. I'm coming to see the best bet is really taking a long position on the coins you think are going to go up and dollar cost averaging where it makes sense to constantly increase position

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Would have loved to see eat their hat penis over a certain prediction. Pls make the same for other coins also. Mark my words Use this tool to help determine if content is stolen or not. Do we have that short of a memory? Use this tool to help determine if content is stolen or not. At block , Bitcoin Gold miners will begin creating blocks with a new proof-of-work algorithm, and this will cause a bifurcation of the Bitcoin blockchain. Basically, it's more of a system for predicting what your emotional, predictable ass is going to do. Even when shit is bad being optimistic is a mindset not a prediction. Props to OP for this. Still works today for the same reason. Some a lot better than others. Yeah I agree with you. Even then, I don't know if the benefit is worth the effort. If you meet our standards, message the modmail. If you wish to have your subreddit or website listed in our sidebar, please review our sidebar listing policy first. Because stocks are released via IPO, and have an initial starting point. If this submission was flaired inaccurately, click here. Want to add to the discussion? It's just a reliable predictor of anything because each event is unique.

Advanced Chart. My fav. Every study conducted shows TA offers no statistically significant advantage over chance. Only idiots can think that the future will be identical to past. Crypto is to volatile. Outside Links. Vol 24h in ETH. Khan Academy on Bitcoin Free Course. But ask 10 TA people what they read in a chart and you'll get 10 different answers. I'm getting the same tingles as we did at this point in the cycle the last time around Technical Bitcoin difficulty factor graph bitcoin coin base technical term. They have their place, but there's a reason traders don't use them .

No Trolling. If you meet our requirements and want custom flair, click. This is actually not comforting at all Best exchange rate for BTG 2 points 0 comments. People like him are the reason that TA works. Number of Markets. Technical Analysis. Do Not Antminer s7 paypal antminer s7 purchase Content Do not steal content, also known as scraping or plagiarizing. Most certainly is.

Lol my one buddy is really into these. TA works, it just doesn't work absolutely. Every study conducted shows TA offers no statistically significant advantage over chance. Technical Analysis. I'm getting the same tingles as we did at this point in the cycle the last time around Trust me Still works today for the same reason. It artificially increases the "gold" supply. You never want to make a trade on one indicator. Crypto is nothing if not a vehicle for inventing new bizarre means of charting data to present a desired narrative. Parent commenter can delete this message to hide from others. Candlestick Charting for Dummies includes a lot of these patterns and gives examples for when they work and when they fail, and advice on where to set the stops if you are using the pattern to trade. Manipulation and Brigading are against the subreddit and site-wide rules. Number of Markets. A lot of people have systems for picking horses too. Not to mention, this is a logarithmic graph.

It artificially increases the "gold" supply. Unless you are participating in insider trading, this sort of thing is useless. By the same token, a lot of people also bought at under 10k and sold at above 10k. As much as I hope this continues, past results doesn't predict future performance. As always, we dont know what will happen in the future. The opening price for a new period can happen right when the period starts and be a big jump in price from the last price. Exceptions will be made for analysis of political events and how they influence cryptocurrency. They should what is the best alternative to coinbase using credit card new coins on bittrex represent the content being linked. Wow congrats, you got to eat a barnacle off whales. Want to join? Post a comment! Volume 24h. No, but hundreds of economists have and they have found that there is no meaningful benefit to TA. Titles must be in English.

If you watch a live chart, the closing part of the candle body will jump up down as the price jumps up and down. Anyways, If derivatives are indeed affecting gold prices, it is probably negative if anything. The more people buy into a trend the more they react to it in accordance with what they think will happen and actually end up causing it to happen. BTC Dominance. Last night I eeked out 4. You're a fraudster, a con man, a scammer. To be fair most people in crypto still think of it as a get rich quick scheme. Because log charts like this one skew the data and make it look like a drop from 20k to 3k is nothing. Ancient Chinese secret huh? Date ranges are cherry picked, time quantums are cherry picked, bull and neutral patterns are inside bear patterns and versa vice. Baseless price speculation, shilling, repetitive posts et cetera are removed. Bitcoin really has crashed, worse than I ever realised. What do you mean? Titles must be in English. Want to add to the discussion? But, neither of these persons use candlisticks and technical analysis to make their decisions. If you compare the trillion dollar market cap of something like gold, you see how we are still in the early days of this tech. Depends on volatility, if its got a large spread then go smaller time frame, if its ranging like Litecoin has in the past few days and playing nice then zoom out to the 1 hr.

Still works today for the same reason. Whether or not people are involved is largely irrelevant - the market is still unpredictable which is why people use TA in the first place. Yeah I take everything here with a grain of salt. I found https: If you meet our requirements and want custom flair, click here. As for predicting market outcomes you'll have similar results using a crystal ball or reading tea leaves. Yes it works. If these trends continue.. No Spam Referral linking is strictly prohibited and will be met with a long-term or permanent ban. To be fair most people in crypto still think of it as a get rich quick scheme.

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