Is the price going up?

[hack3rcon]

Hello,
Given the candles below, will the price go up?

https://i.postimg.cc/5yGx4JzT/Screenshot-2025-01-09-08-00-03-450-com-coinex-trade-play-edit.jpg

Thank you

[Pandorak]

First of all, what coin are you referring to?
I don't know and how can you just give a link to your screenshot, at least if you want someone to help you analyse, tell what coin it is and just put a picture of it, why complicate it by just giving a link, without telling what coin it is.

[Oshosondy]

Also if the coin is not about bitcoin, it should belongs to altcoins board. If it is about your question, it should belongs to Speculation (Altcoins).

What I will say is that you should be careful when it is about altcoins. They are more volatile and they are the riskiest.

[yudi09]

Hello,
Given the candles below, will the price go up?

https://i.postimg.cc/5yGx4JzT/Screenshot-2025-01-09-08-00-03-450-com-coinex-trade-play-edit.jpg

Thank you

I can't see the screenshot you provided even though I've tried to open it.
Just like the account below OP said, we don't know what coin you're referring to. If you mentioned a coin, even if the screenshot can't be displayed, we can speculate on where the price chart of the coin is headed.
Can you edit it to include a screenshot that can be opened?

[hugeblack]

I don't know what coin you mean but the MACD crossover indicates the possibility of a correction just like what happened on 10/12 and therefore there is a possibility that you will see 0.002  levels unless there is good news. in general the accuracy of technical indicators for low market cap tokens is low so do not trust one indicator or several indicators Compare the level of trust in technical analysis of Bitcoin

Can you edit it to include a screenshot that can be opened?

just add img tag

[Barikui1]

Hello,
Given the candles below, will the price go up?

https://i.postimg.cc/5yGx4JzT/Screenshot-2025-01-09-08-00-03-450-com-coinex-trade-play-edit.jpg

Thank you

By clicking on the link provided, it display a candle sticks chart pattern which as I did a technical analysis on it, it shows that the price of that token is falling, it's coming back to retest that visible support level that was once a resistance, but nevertheless, when analyzing it, you have to pay more attention to how the candle sticks close, if the red candle sticks closes below the support level, that means that the value of that coin will still decline to the next support level, but if it closes above the support level, your job is to pay more attention to how the next candle sticks that form closes, because at that point anything can still happen, what you should be looking at for is a morning star candle sticks pattern which confirm the reversal, but if you sees not like that, then it's best you avoid such trade not to be used to clear liquidity, since you aren't that sure of the direction of the market.

[hack3rcon]

First of all, what coin are you referring to?
I don't know and how can you just give a link to your screenshot, at least if you want someone to help you analyse, tell what coin it is and just put a picture of it, why complicate it by just giving a link, without telling what coin it is.

Hello,
It is STC.

I don't know what coin you mean but the MACD crossover indicates the possibility of a correction just like what happened on 10/12 and therefore there is a possibility that you will see 0.002  levels unless there is good news. in general the accuracy of technical indicators for low market cap tokens is low so do not trust one indicator or several indicators Compare the level of trust in technical analysis of Bitcoin

Can you edit it to include a screenshot that can be opened?

just add img tag

Hello,
It is https://coinmarketcap.com/currencies/starcoin-stc/.
Can you tell me how you determined from the MACD that the price was likely to be bearish?

[moderator's note: consecutive posts merged]

[aTriz]

I don't think it is that easy for anyone to simply tell you if this coins' price will go up or not. only a few very experienced and skilled traders can give accurate signals like that by just looking at charts. but after giving a quick look at it's CMC page. I can see it is a low Mcap coin. and low mcap coins have good chances of pumping. but only if they have a strong team behind who working hard and developing the project and also marketing it properly.
Do your own research before investing tho.

[Perfectbaby]

Hello,
Given the candles below, will the price go up?

https://i.postimg.cc/5yGx4JzT/Screenshot-2025-01-09-08-00-03-450-com-coinex-trade-play-edit.jpg

Thank you

I have tried to see if I can locate the coin on the image but I see nothing, meaning we can't give exactly what you wanted because no coins to determine whether the price will high or low. But if you are in any means referring to bitcoin on you image then you should know price will definitely high and sometimes, bitcoin reacts this way. To me I see it as correction towards 20th January as lot people of has been expectant of the market creating a new ATH if Trump Finally inaugurated.

[Hamza2424]

Hello,
Given the candles below, will the price go up?

https://i.postimg.cc/5yGx4JzT/Screenshot-2025-01-09-08-00-03-450-com-coinex-trade-play-edit.jpg

Thank you

Bro.. What are you doing? Are you just relying on the candles to speculate on the price of the asset? What about the fundamentals, previous performance over time, developments, Hype, narrative, and technology?

So even if these candles go in your prediction's favor or anyone else's favor, the results are going to be temporary. In the very next trade, when you're rekt, you are going to realize your mistake. Bro, the market is not only about candle patterns, so my advice is rather than asking for such speculations, which are not going to be reliable in any way, you should ask for expert opinions and other traders' trading journeys and focus on something productive.

[passwordnow]

Hello,
Given the candles below, will the price go up?

What coin is this? We're not good guessers of the charts that are posted by you guys. There is something wrong with your coding for the image. It should go like this;

https://i.postimg.cc/5yGx4JzT/Screenshot-2025-01-09-08-00-03-450-com-coinex-trade-play-edit.jpg

Code:

[img]https://i.postimg.cc/5yGx4JzT/Screenshot-2025-01-09-08-00-03-450-com-coinex-trade-play-edit.jpg[/img]

It is https://coinmarketcap.com/currencies/starcoin-stc/.

Now, add this to your first post so that everyone will see what's this chart all about.

[TastyChillySauce00]

no one know for sure, even if there's technical analysis that can determine the possible outcome, at best it just increases odd, just imagine recent flash dip of BTC, it literally destroy TA based people, essentially liquidate hundred millions within a night.
it takes more than just reading chart.

try to read their tokenomic, roadmap and technical whitepaper, only then you can determine.

[hack3rcon]

Hello,
Given the candles below, will the price go up?

What coin is this? We're not good guessers of the charts that are posted by you guys. There is something wrong with your coding for the image. It should go like this;

https://i.postimg.cc/5yGx4JzT/Screenshot-2025-01-09-08-00-03-450-com-coinex-trade-play-edit.jpg

Code:

[img]https://i.postimg.cc/5yGx4JzT/Screenshot-2025-01-09-08-00-03-450-com-coinex-trade-play-edit.jpg[/img]

It is https://coinmarketcap.com/currencies/starcoin-stc/.

Now, add this to your first post so that everyone will see what's this chart all about.

Hello,
It is https://coinmarketcap.com/currencies/starcoin-stc/.

[Pandorak]

First of all, what coin are you referring to?
I don't know and how can you just give a link to your screenshot, at least if you want someone to help you analyse, tell what coin it is and just put a picture of it, why complicate it by just giving a link, without telling what coin it is.

Hello,
It is STC.

From what you said it looks like you are asking more technical than fundamental, well this is my personal assumption. This token looks like a dead token that has lost its hype, this token continues to make lower lows, break support after support until it makes new support, i suggest buying this token short term rather than long term, too risky plus the market is now down.
If you want to buy, you can buy with DCA, it minimises the risk, but if you want a more secure investment, you can buy Bitcoin or the top 10 tokens on CMC.

[doomloop]

no one know for sure, even if there's technical analysis that can determine the possible outcome, at best it just increases odd, just imagine recent flash dip of BTC, it literally destroy TA based people, essentially liquidate hundred millions within a night.
it takes more than just reading chart.

There might still be people who predicted that recent flash drop that happened on Bitcoin using their TA and they might have profited from it. If not, they still did a good job like they buy after it, etc.. Those who lose during it are only normal and they might have accepted it as well. Besides those millions didn't only came from them or from a single individual but it is a combined amount from other losers too.

try to read their tokenomic, roadmap and technical whitepaper, only then you can determine.

I think this is indeed better than the TA but again, there is still a chance that our predictions after are going to fail. I'm not saying that we must give up though and just don't make an effort but of course it is always better to incorporate them than nothing.

[justdimin]

From what you said it looks like you are asking more technical than fundamental, well this is my personal assumption. This token looks like a dead token that has lost its hype, this token continues to make lower lows, break support after support until it makes new support, i suggest buying this token short term rather than long term, too risky plus the market is now down.
If you want to buy, you can buy with DCA, it minimises the risk, but if you want a more secure investment, you can buy Bitcoin or the top 10 tokens on CMC.

Trying to arrange something like that with a coin that nobody really heard of isn't really a feasible thing at all. It's not that easy to do this, what is STC? That is not something we can do, it's not really that profitable to shill stuff this way isn't that way so we can't really consider this growing any further, so just focus on whatever you can do, that will be better.

Bitcoin is a great one, if you really want to profit then you could do it that way and would make a great return because we know about bitcoin and that is still great and that is how we can make a profit. But if you go with these terrible unknown results then you are going to end up with a bad result and not get what you want, because those are usually scams, so no need to shill them here.

[Zanab247]

Are you planning to buy BTC or you are planning to trade your BTC? If you have BTC to trade, I will advise you to trade them because the price is still high for traders to earn profit before the price will start going down again to enter bear market. But if you are planning to buy BTC from the market, I will encourage you to wait for the price to start dumping before you can buy BTC because the moment you buy from the bear run,  it will give you the confidence to hodl the BTC till the bull market occur before you can sell to grow your profits.

The price of BTC is still going up, and I have hope that it will hit back $100k soon before the inauguration of the elected president Trump will take place because since the Trump won the election the price of BTC have be pumping to create enough opportunity for hodlers to earn massive profits.

[yudi09]

Hello,
It is https://coinmarketcap.com/currencies/starcoin-stc/.
Can you tell me how you determined from the MACD that the price was likely to be bearish?

STC you mean Starcoin, I don't have any analysis that I can describe about this altcoin because altcoins like Starcoin are very rare for me to try to explore.

One suggestion I have for you to get a good analysis about Starcoin is to move this topic to the altcoin discussion.
Here in the trading discussion it's not the wrong place, but it's not quite right in my opinion.

[passwordnow]

It is https://coinmarketcap.com/currencies/starcoin-stc/.

Now, add this to your first post so that everyone will see what's this chart all about.

Hello,
It is https://coinmarketcap.com/currencies/starcoin-stc/.

Okay.
And with that, you just edit your post/original post and add that link there so that everyone is aware of what you're talking to especially those that don't read the posts of others and just goes straight to replying from the original post.

[CroverNo01]

Are you planning to buy BTC or you are planning to trade your BTC? If you have BTC to trade, I will advise you to trade them because the price is still high for traders to earn profit before the price will start going down again to enter bear market. But if you are planning to buy BTC from the market, I will encourage you to wait for the price to start dumping before you can buy BTC because the moment you buy from the bear run,  it will give you the confidence to hodl the BTC till the bull market occur before you can sell to grow your profits.

The price of BTC is still going up, and I have hope that it will hit back $100k soon before the inauguration of the elected president Trump will take place because since the Trump won the election the price of BTC have be pumping to create enough opportunity for hodlers to earn massive profits.

The price of bitcoin fluctuating up and down. Bitcoin is not for everyone. Only few traders understand the scenario of this project and how to trade bitcoin. We don't rush whenever we're aiming to trade bitcoin, we study the market and confirm about the standing position to open trades, although it's complex but we have to do what we gon do for the purpose to have a lead in the market. However FOMO [ Fear Of Missing Out] steps in when we're trying to hold positions on bitcoin.