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Author Topic: You can easily predict Btc/usd prices direction.  (Read 1254 times)
Idrisu (OP)
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February 23, 2017, 07:14:33 PM
 #21

I have find out, that bitcoin prices is highly predictable by used trend line technical analysis on 4 hours charts for day traders. Though fundamental issue do move the market against it but not regularly. Trading is a very risky business and you should not venture into it without adequate knowledge on how it works.
The price of bitcoin moves regularly when it will increase and decrease the more you risk on exchange the more profit you will make but make sure that you can afford to lose, i just don't predict it once somebody sold high amount of bitcoin i just sold mine. Easy as that i don't want to decrease coins before sell mine.

Indeed, prices go up and down, probably OP really was just lucky predicting the trend. Trends are just a marker or an indicator that we could use as a tool for our decision, but the trends usually don't get followed, there are too much variables that influences the prices of bitcoins. So I really think we can really say for sure we know how prices will move.
many of you need to visit babypip and leaned how trend line works. Upward trend line is connecting two price deep that has been established on a particular pair. If you read my post you  will understand what I said instead of trying to put thought in me. Fundamental analysis will always suspend technical analysis and if you have this at the back of your mind as an experience traders then you can use trend line to your advantage.
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February 23, 2017, 07:42:38 PM
 #22

I have find out, that bitcoin prices is highly predictable by used trend line technical analysis on 4 hours charts for day traders. Though fundamental issue do move the market against it but not regularly. Trading is a very risky business and you should not venture into it without adequate knowledge on how it works.
No, just no. It won't work with bitcoin, all technical indicators lag in price and volume. The more complex is the indicator's formula the higher the lag.
Don't use RSI, OBV, MACD - they will only give you distorted view. What will you do when: MACD signals up, RSI signals down OBV signals neutral?

You should only pay attention to support and resistance zones or candle and chart patterns, as they are useful.





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andrei56
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February 25, 2017, 02:23:53 AM
 #23

No one can predict prices apart from big big whales  Lips sealed
Whales don't predict the price as much as they manipulate the price to their convenience, so they use their money to produce more money in a fail safe way.
Vorth
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February 25, 2017, 02:35:37 AM
 #24

Can you share it with us on how did you say that you can predict the price of bitcoin in a 4 hour chart?
Maybe it is easy to say that you can easily predict it on that way but then how? Maybe you already got some charts that prove and explain your starting trade. There were many speculation around predicting it but then it seems not easy tho.
Mate, maybe it was just a coincidence on your prediction on what were the results of bitcoin in time you set on.
Because even some researchers cannot easily predict it on, maybe when you elaborate it here then it will be a great help to the day traders.

Sled
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February 25, 2017, 02:58:51 AM
 #25

I have find out, that bitcoin prices is highly predictable by used trend line technical analysis on 4 hours charts for day traders. Though fundamental issue do move the market against it but not regularly. Trading is a very risky business and you should not venture into it without adequate knowledge on how it works.
Wow, You must be a very professional trader to find out how can we predict the bitcoin price huh, By the way, Can you show us how can do that? And how much profit do you earned. Yes indeed, trading is a very risky business because you can't predict the price and movement of the bitcoin because it is very volatile to its and anytime it can spike up and spike down. I doubt that we can find a way to determine the price.
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February 25, 2017, 03:39:06 AM
 #26

what I think is If you would know how to predict bitcoin/usd price you would just making money in silence and don't bragging here
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February 25, 2017, 06:21:17 AM
 #27

why not share it here on how you predict the price precisely, because starting new thread with this new speculation is a bit not new.
It is easy to say that you can predict it but then how did you do that?
Can you elaborate more?

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olushakes
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February 25, 2017, 07:34:22 AM
 #28

I have find out, that bitcoin prices is highly predictable by used trend line technical analysis on 4 hours charts for day traders. Though fundamental issue do move the market against it but not regularly. Trading is a very risky business and you should not venture into it without adequate knowledge on how it works.

Even from the way you put it, you have contradicted yourself on how you tried to pass your point across. You started by tell us how simple it is to predict the price then ended it saying its even so risky and that leaves me asking 'is it really that simple or is it risky?' anyone venturing into trading, already knows what he is getting into and I dont think we need to be told that all over again.
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February 25, 2017, 10:19:57 AM
 #29

Well its pretty obvious that trading involves risk and we all know it. I think that's we can't really predict for sure and with accuracy how btc or alt coin prices would move. That's the risk that every trader knows and at best, our predictions, through planning and research, would end up close to where we want it to be.

 
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February 26, 2017, 06:03:05 PM
 #30

why not share it here on how you predict the price precisely, because starting new thread with this new speculation is a bit not new.
It is easy to say that you can predict it but then how did you do that?
Can you elaborate more?
i think it is easy to say but in fact it is very difficult to predict the price of bitcoin. i think we can get some help from news and our surrounding area that what are people talking about bitcoin but i think still it is not such an easy job and very little time our prediction proves as correct.
andrei56
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February 27, 2017, 09:04:33 PM
 #31

Can you share it with us on how did you say that you can predict the price of bitcoin in a 4 hour chart?
Maybe it is easy to say that you can easily predict it on that way but then how? Maybe you already got some charts that prove and explain your starting trade. There were many speculation around predicting it but then it seems not easy tho.
Mate, maybe it was just a coincidence on your prediction on what were the results of bitcoin in time you set on.
Because even some researchers cannot easily predict it on, maybe when you elaborate it here then it will be a great help to the day traders.


A 4 hour chart has a period of time that is too long for the rapid changes in price that bitcoin has, maybe such a chart could help you make safer trades but you will probably lose a lot of opportunities for the simple fact the changes in the price of bitcoin will not be reflected in a 4 hour chart the same way those changes will be reflected in a 15 minutes chart.
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