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Author Topic: bullish & bearish community !!!!  (Read 287 times)
Hamphser
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April 27, 2024, 06:12:27 PM
 #21

Hello to all members ,

do you really think that all green candles are bullish ?
Do you really believe that red candles are bearish Huh

who are that people who buy or sell that time ??

technical Analysis , Fundamental Analysis Huh is it not a big joke    ??

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Green candles? Of course its uprising and same goes with red candles. Bullish or bearish then it would really be determined on the market trend and this is something that cant be determined.
People who do buy or sell that time? Of course those sellers and buyers because this is the primary people who composed this entire market, without these people then we wont really be having a market.
TA or FA? it would really be just that depending on you because having that kind of approach towards trading without analysis is something that can be called gambling.
It might be precise but doesnt mean that it would be that irrelevant for you to make use but instead this is something that you would really be consider on making use of always.

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April 27, 2024, 10:45:51 PM
 #22

in the case of bitcoin and altcoins, I believe that most people are not looking at the candles, they are not looking at technical analysis, but rather they are looking at the history of the bitcoin market and based on that they are investing in bitcoin and they hodl, In my opinion if people were looking at candles and day trading then people would have lost all their money and would be in a lot of stress. trading is something that forces people to have a lot of knowledge about technical analysis, it forces people to have a lot of capital and it forces people to spend a lot of time looking at the chart and at the end of the day they don't make any profit, they just end up with losses and regret of having spent a lot of time looking at the chart and not making a profit. In my opinion, it is not worth trading, the best and only good option is to invest in bitcoin in the long term. Buy at the lowest possible price and hold for many years. This is the best way to profit from this cryptocurrency market

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April 27, 2024, 10:55:06 PM
 #23

I'll give you a hint on who are those buying and selling at any price, that's you and me. And about buying AI, no one is going to stop you buying those if that's what you think is the best for your positioning and investing strategies. Another hint, about candles, TAs, FAs and lines, there have been times before that most of the TAs weren't really accurate at all. You can have your own analysis based from these indicators but it's not going to be accurate at all times because this is how the nature of Bitcoin's market, being volatile at all times and even you've got the best indicators and analysis, sometimes they don't count.

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April 28, 2024, 08:45:09 AM
 #24

You just talking about candlestick reading candlestick should not be enough to say if it's bearish or bullish.
When I read OP, honestly I could not get what was the core cause for this topic but from your post I came to conclude what OP was trying to ask, lol. In my opinion, larger time frame like 4hrs or daily or weekly candlestick patterns are more than 80% accurate to predict the direction of market. Still, I am just talking about predicting the direction of market and NOT about finding the entire trend of the market. Overall, I agree that candlesticks reading alone is NOT enough all (both traders and investors).
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April 28, 2024, 10:49:28 AM
 #25

I don't know, but your words are exaggerated and far from reality. Not all trading is related to AI robots as you think.

It is true that there are many AI robots used in trading now, but not all of them are profitable as you think. If this were true, everyone would use them and just sit and watch without doing anything.

AI robots need to be programmed according to your needs and constantly modified according to market requirements in order to work well, otherwise you will find yourself bankrupt in the end.


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April 28, 2024, 11:13:25 AM
 #26

Candlesticks are nothing more than a graphical representation of how the market is or has been doing, they show market conditions from the past telling you whether it has been going up or down, etc. Fundamental or technical analysis helps you read those candles and the charts to give you a general idea about which direction the market or the asset you are watching might move next, and it doesn't always have to be accurate because the market is unpredictable, so it can prove anyone wrong at any time.

The bots that help you automate your trading process whether they are powered by AI or not are not always going to make you profit. A bot trades as per your instructions and strategies that you choose, so even they can make you lose money if the market goes in another direction after the bot has made a trade.

Fundamental and technical analysis can be useful if someone understands the market very well. You can't expect to always be correct even if you are an expert of the market.

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April 28, 2024, 11:21:28 AM
 #27

You just talking about candlestick reading candlestick should not be enough to say if it's bearish or bullish.
When I read OP, honestly I could not get what was the core cause for this topic but from your post I came to conclude what OP was trying to ask, lol. In my opinion, larger time frame like 4hrs or daily or weekly candlestick patterns are more than 80% accurate to predict the direction of market. Still, I am just talking about predicting the direction of market and NOT about finding the entire trend of the market. Overall, I agree that candlesticks reading alone is NOT enough all (both traders and investors).

I think the main on the OP statement is whether an AI will be useful on determining technical analysis for charts base on the candle stick. I think he is just exaggerating things about trading to emphasize the potential use of the AI on trading.

The title is just for a click bait to sell an AI since most of his questions is a rhetorical question for the use of an AI. Actually this whole thread doesn’t make sense based on the content he provided.

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April 28, 2024, 01:37:34 PM
 #28

hi Brother,
I got what you mean, But I am talking about other topic, do you really believe in TA & FA ?
Do you really believe that green candles are bullish people or red candles are bearish ?
Thanks

This doesn’t mean market is always bullish or bearish dude. These candles only shows that where the prices are going for a certain period of time. When there is a bearish or bullish market it can be easily distinguished by seeing the overall market. There is no need to follow a specific coin’s candle pattern to know about it. Moreover I don’t believe in bearish or bullish trend. I just buy the coins when it’s cheap and sell it when the price goes up. In the mean time I just hold the coins.

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April 29, 2024, 08:04:49 AM
 #29

Hello to all members ,

do you really think that all green candles are bullish ?
Do you really believe that red candles are bearish Huh

who are that people who buy or sell that time ??

technical Analysis , Fundamental Analysis Huh is it not a big joke    ??

AI AI AI AI.....no more...a stupid bot is calculating all your positions ...SL ....TP  .....it shows u the best in Trading view... then..... lot of liquidations ...lot of stories....it's only a stupid bot


Please invest more in AI AI AI AI ...that's the future and Perpetual Futures.....
have a try 1$... 5$ .......You gonna feel it

A green candle is never likely to be a bull market, we basically see green candles frequently. If it continues to move higher with several large candlesticks then we may consider it as a bull market target. But basically based on the season, these types of candles tend to be bullish, especially now that we are heading into a bull run, and the green candles we see from now on are bullish market signals.
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April 29, 2024, 04:24:53 PM
 #30

Depend on the height of that candle. If it's very high, then yeah it is bullish and also if it goes like that for a long time, while the opposite of that is bearish. There are lots of people who buy or sell which ever the market trend is (based on the Marketcap of crypto).

Maybe you know someone who is one of that but knowing all of them is not possible anymore. TA's and FA's are not a big joke even though they can't work sometimes. Both are part of investing or trading, so one should not neglect them or make fun of them. I thought you said AI is stupid, then why encourage people to invest on it?  Do not know, if you are confused or what?

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April 30, 2024, 04:26:47 AM
 #31

what is the meaning of bullish candles  or bearish.. it's all fake.....all manipulated.....no politic...no TA ...no FA....
No TA and FA aren't a big joke like you wrote in your earlier post. You need a good knowledge and use of either of them or both to be profitable in trading. In fact, FA drives the TA. Look around with news and how it affects the market whether positively or negatively. If there's a hack today, just this morning, of let's say Binance exchange; what direction do you think the market will head to? Of course, you know where. FA and TA aren't just a manipulation of bots. They're real happenings.

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April 30, 2024, 08:23:25 AM
 #32

A green candle is never likely to be a bull market, we basically see green candles frequently. If it continues to move higher with several large candlesticks then we may consider it as a bull market target. But basically based on the season, these types of candles tend to be bullish, especially now that we are heading into a bull run, and the green candles we see from now on are bullish market signals.
That's what "influencers" teach to these newbies and when they see a green candle they invest, which is a problem, what if you get caught in the middle of a pump and dump? You will see price go up and then you will see the price crash, if you get in at the wrong time then you are going to end up investing at a terrible place. We should probably consider what we could do right now as very dangerous and we should probably get away from it as much as we possibly could.

I believe that people who invest into crypto just because of some influencer told them, will always end up with a big loss eventually, even if they have some profit at the start, they will have a big loss in the end. I think the best way to go with it could be something that could benefit them eventually. Just learn how to trade yourself and you will do a lot better.

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April 30, 2024, 08:52:56 AM
 #33

when every trader out there think TA is effective despite if its truly what you said just illusion and its all fake it will become self fulfilling prophecy, the people will massively follow textbook guide of TA, then the chart will form as expected just like in the guide, its not entirely useless, also TA quite entangled with the economic principle, a market can be ovesold you know and that could be reflected in TA.
always remember that the market of crypto or stocks sometime is just not organic like basic commodity where supply meet demands sometime psychological influence of the market affects trader and affects how the market gonna behave in the long run.
so TA i think has use in this case, bullish candles shows that we are in for a good market where everything is bullish and the sign is obvious current market is rather bullish and if you see new emerging coin, most of them are achieving success reaching billions of dollar market cap, so I don't think its all fake, manipulated or something like that.

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April 30, 2024, 05:51:59 PM
 #34

do you really think that all green candles are bullish ?
Do you really believe that red candles are bearish Huh
The thing is that a green candle shows that the market is appreciating and it depends how long the green candle stays in a week or In a month that will determine the bullrun or bullish season, but actually bitcoin market shows greenish that means is positive and the market is growing but if the market is showing red that means is on bearish and it depends on how elongate the red last in the market,  but in normal circumstances what we use to measure the market is red and green but depends how strong any of them maybe in the market.


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April 30, 2024, 07:27:18 PM
 #35

The thing is that a green candle shows that the market is appreciating and it depends how long the green candle stays in a week or In a month that will determine the bullrun or bullish season, but actually bitcoin market shows greenish that means is positive and the market is growing but if the market is showing red that means is on bearish and it depends on how elongate the red last in the market,  but in normal circumstances what we use to measure the market is red and green but depends how strong any of them maybe in the market.

The market is in bull run as we are witnessing the pump and higher worth of all coins since the start of this year therefore slight dump is not an identifier of bear market and I think it will remain favorable until the next year or we see another hype that brings new ATH.

Red or green is altering on a regular basis but it is important to be noted that we have to look towards the overall price gain or lose as now we have not seen Bitcoin price to go down 60k$ and more than 69k$ after halving so market is not highly fluctuating now and we will soon see pump above the price of 70k$ for Bitcoin.



 

 

 

 

 

 


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