Hey guys,
Looking at the candles, do you think the price is gonna go up?
Will the Price Increase?
20 replies 131 views
laser_nodeSenior Member
Posts: 63 · Reputation: 823
#2Jan 27, 2019, 01:37 PM
What coin are you talking about? You can’t just drop a link without mentioning it. It makes it hard for anyone to help you.
shard_2013Full Member
Posts: 634 · Reputation: 287
#3Jan 27, 2019, 02:07 PM
Yeah totally, if it’s not about Bitcoin, it should be in the altcoin section. Just a heads up, altcoins are way more volatile.
bridge2016Newbie
Posts: 45 · Reputation: 21
#4Jan 27, 2019, 06:40 PM
I tried to check that link but it didn’t work. Can you share it again? Without knowing the coin, we can’t make any guesses.
No clue what coin you're referencing, but if the MACD crossover is bearish, watch out for a possible price drop. Don’t rely too much on indicators with low cap tokens.
farm_nonceMember
Posts: 35 · Reputation: 157
#6Jan 27, 2019, 07:32 PM
So I checked the chart, and looks like the price might be falling, aiming to retest old support. If it closes below the support, it might tank even further.
It’s STC, by the way.
Here’s the link: https://coinmarketcap.com/currencies/starcoin-stc/. How did you figure out from MACD that it’s bearish?
Honestly, it’s not easy to predict the price just by looking at charts. Skilled traders maybe can do that, but low cap coins need a solid team and marketing.
I can’t see the coin in your image, so it’s hard to say whether it’ll go up or down. But if it’s Bitcoin, I think the price will eventually go up.
Dude, are you really just looking at candles? What about the fundamentals? Hype, previous performance, tech? That stuff matters.
What coin is it? You gotta give us something to work with here. Post a proper image next time.
chris.viperMember
Posts: 267 · Reputation: 213
#12Jan 28, 2019, 02:51 PM
Nobody can really say for sure, even with TA. Just look at that BTC flash dip this week. Charts aren’t everything.
STC again? You got any analysis on that? Feels like it’s not going anywhere.
laser_nodeSenior Member
Posts: 63 · Reputation: 823
#14Jan 28, 2019, 05:45 PM
You seem to be leaning too much on technicals. Honestly, that token looks dead, just making lower lows. Maybe short-term buys, but long-term is risky.
falcon_2016Newbie
Posts: 20 · Reputation: 38
#15Jan 28, 2019, 08:55 PM
Yeah, some people probably predicted Bitcoin’s drop, but it was still a mess. Predicting is tough.
Trying to analyze a lesser-known coin like that isn't smart. Focus on stuff like Bitcoin that we know can actually give returns.
You looking to buy BTC or trade it? If you want to trade, now’s the time while the price is high.
bridge2016Newbie
Posts: 45 · Reputation: 21
#18Jan 29, 2019, 07:50 AM
STC, right? I don’t have much info on that. Maybe move this to the altcoin section for better insights.
Okay, you should edit your post and add that link so everyone knows what you’re talking about.
nova_vaultNewbie
Posts: 25 · Reputation: 1
#20Jan 30, 2019, 12:03 AM
Bitcoin’s price swings a lot. It’s not for everyone. If you really want to trade it, study the market first.
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