Do you trust chart analysts?

[wendiar19]

I do not really believe in the analysis charts that are circulating or given from several trading groups, I am more confident with the price movements reflected on the graph and from the results of my own analysis is more accurate.

[1713571566]

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[1713571566]

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[bitcoinposts]

in order to trust chart analysts we should know the chart reading but basically, in a bear market, it is difficult to come to conclusions from any chart readings bear market volumes will be very low

[bitcoinrays]

in order to trust chart analysts we should know the chart reading but basically, in a bear market, it is difficult to come to conclusions from any chart readings bear market volumes will be very low

Chart analysis brings many information about any coin and shows us its previous price movement etc which makes it easy for us to say something about it and making us to proceed for better decision. We can simply make decision on the bases of current price but a person unknown to the Bitcoin or any other coin will need to know about its potential and previous price movements so it is necessary to look for chart analysis.

[wildey]

I do not really believe in the analysis charts that are circulating or given from several trading groups, I am more confident with the price movements reflected on the graph and from the results of my own analysis is more accurate.

I also do not really believe in such baseless analysis. but, I am more interested in the information available on cryptocurrency. sometimes it makes a lot of changes to crypto prices on the market.

[laravuemaster]

Do you really trust chart analyst?lot of people predict bitcoin price with chart analyst.but i don't trust them.i think bitcoin price and other crypto price depend on supply,demand and NEWS.

I never trust chart analysis and i highly prefer to conduct my own research in order to determine if the current coin or ico i am interested to join is really profitable or not.

[icopir]

analysts are not always right, so you can listen to their opinion, but to draw conclusions and make decisions is the most

[Muspion]

chart analysis of the market in my opinion is also important to predict market movements other than that the influence of the economy also determines market value

[shoreno]

 
That depends on what site is the analysis came from . some sites nowadays provides a chart but they are mainly hoax or fake , they wont provide the actual flow of the coins from the past few days maybe because they want to miss lead the people to believe that cryptos are still in a good shape  .

But overall , depending on chart analysis alone isnt also guarantee that your predictions will come true because there were still other factors that can affect the price to move differently.

[Gontxi]

Do you really trust chart analyst?lot of people predict bitcoin price with chart analyst.but i don't trust them.i think bitcoin price and other crypto price depend on supply,demand and NEWS.

Yes, I believe because there is knowledge in technical analysis, and if you do not believe try to discuss with experts who understand technical analysis. This is like other exchanges because you have to have the knowledge to be able to bring in every profit.

[patispace]

Do you really trust chart analyst?lot of people predict bitcoin price with chart analyst.but i don't trust them.i think bitcoin price and other crypto price depend on supply,demand and NEWS.

For a long time it has been clear to me that the rules that are usually applied in traditional markets are not in any way applicable to the crypto market, as there seems to be a greater influence of rumors than fundamental or technical issues. That is why we continually see the so-called expert analysts fail again and again in their predictions, even though some of them have eventually succeeded, more due to the mere law of probability than to their supposed analytical capabilities.

[richminded]

I will not fully believe the opinions of those analysts, but I will use these analyses as one of the factors in my reference to market trends. In the end, I will still rely on my own judgment!

Don't depend to anyone just use their analysis as your guide but never rely on that one alone. Its good that you know how to read charts on your own and you can prove that they are wrong or they just really want to hype you on that specific coin. Chart analysis is very reliable, learn how to done it well.

[mornabo]

I will not fully believe the opinions of those analysts, but I will use these analyses as one of the factors in my reference to market trends. In the end, I will still rely on my own judgment!

Don't depend to anyone just use their analysis as your guide but never rely on that one alone. Its good that you know how to read charts on your own and you can prove that they are wrong or they just really want to hype you on that specific coin. Chart analysis is very reliable, learn how to done it well.

Thats what you should do! that is the function of your learning so that you can have your own choice not from the analysis of others people, you can make analysis from other people as your reference material but don't believe 100% and rely on those tips, just believe on your strategy

[Tapyaks72]

I will not fully believe the opinions of those analysts, but I will use these analyses as one of the factors in my reference to market trends. In the end, I will still rely on my own judgment!

Don't depend to anyone just use their analysis as your guide but never rely on that one alone. Its good that you know how to read charts on your own and you can prove that they are wrong or they just really want to hype you on that specific coin. Chart analysis is very reliable, learn how to done it well.

Thats what you should do! that is the function of your learning so that you can have your own choice not from the analysis of others people, you can make analysis from other people as your reference material but don't believe 100% and rely on those tips, just believe on your strategy

If you had a strategy in which you believe effective, you should stake on your strategy. But if you need some reference materials for further analysis you should some times refer to a chart, because you can refer the norms pattern which is good for analysis.

[Kolder]

Do you really trust chart analyst?lot of people predict bitcoin price with chart analyst.but i don't trust them.i think bitcoin price and other crypto price depend on supply, demand, and NEWS.

Yes, I believe because there is knowledge in technical analysis, and if you do not believe try to discuss with experts who understand technical analysis. This is like other exchanges because you have to have the knowledge to be able to bring in every profit.

Its also like following our instincts. They can be true or tends to be the other way around, Nevertheless it's better to analyze it than to do actions without analysis , it will be riskier.

[badungs]

I believe in chart analysis because I've seen someone who analyzes bitcoin charts on YouTube, the analysis really happened because he used the correct theory, maybe if someone who doesn't know his theory to analyze bitcoin is worth not believing. but actually bitcoin market fluctuations cannot be analyzed from charts, because there are many factors that influence the rise and fall of bitcoin such as news circulating on the internet etc.

[mornabo]

I will not fully believe the opinions of those analysts, but I will use these analyses as one of the factors in my reference to market trends. In the end, I will still rely on my own judgment!

Don't depend to anyone just use their analysis as your guide but never rely on that one alone. Its good that you know how to read charts on your own and you can prove that they are wrong or they just really want to hype you on that specific coin. Chart analysis is very reliable, learn how to done it well.

Thats what you should do! that is the function of your learning so that you can have your own choice not from the analysis of others people, you can make analysis from other people as your reference material but don't believe 100% and rely on those tips, just believe on your strategy

If you had a strategy in which you believe effective, you should stake on your strategy. But if you need some reference materials for further analysis you should some times refer to a chart, because you can refer the norms pattern which is good for analysis.

because market conditions keep changing I think you can't forever use the same pattern/strategy, strategies must be adjusted to
existing market conditions, that's why you should always do chart analysis to create new strategies and plans #imo

[Ansdaoust6]

I will not fully believe the opinions of those analysts, but I will use these analyses as one of the factors in my reference to market trends. In the end, I will still rely on my own judgment!

Don't depend to anyone just use their analysis as your guide but never rely on that one alone. Its good that you know how to read charts on your own and you can prove that they are wrong or they just really want to hype you on that specific coin. Chart analysis is very reliable, learn how to done it well.

I also do not believe in these charts because these charts based on predictions and in my point of view predictions about bitcoin price is almost 100% wrong. We can observe the previous year’s predictions about 2018 and saw the price in this year. After that I dint believe in any prediction. I analyze the market by myself and take decision about my holdings.

[Question123]

Don't look chart analysis because the possible price is depends if they have more people who buy and sell their bitcoin with the common factor like halving and fake news can also cause to drop bitcoin price . But chart analysis is still helpful to us.

[ELOCIN]

Not all the time because their analysis will sometimes go on the other way too. The more you trust on them, the more you will be disappointed with the results too when the results won't go with their analysis.

[CelebratingBTC]

I will not fully believe the opinions of those analysts, but I will use these analyses as one of the factors in my reference to market trends. In the end, I will still rely on my own judgment!

Don't depend to anyone just use their analysis as your guide but never rely on that one alone. Its good that you know how to read charts on your own and you can prove that they are wrong or they just really want to hype you on that specific coin. Chart analysis is very reliable, learn how to done it well.

Thats what you should do! that is the function of your learning so that you can have your own choice not from the analysis of others people, you can make analysis from other people as your reference material but don't believe 100% and rely on those tips, just believe on your strategy

You can use these analysis charts for your data but not full and final. Many of the charts are also designed by the manipulators to misguide new investors to get their desired results. You should do your own technical and fundamental analysis about the current and future market trend. It will be better than depending upon these charts. Always look at the market cap. If it increase price will also increase otherwise fall.