Am I just seeing what I want to?steemCreated with Sketch.

in bitcoin •  5 years ago 

That is the problem with charting at times

It leaves things open for interpretation.

Take bitcoin for example.

I see this setup right now:

(Source: https://twitter.com/crypto_rand/status/1194560063106691074)

But it's also exactly what I want to see right now.

I want bitcoin to start going up since I am invested in it.

So yes, I may just be seeing what I want to see!

What do you see?

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  ·  5 years ago (edited)

The same. Seems pretty clear to me.

Go time.

I think the price is low now. Following the pattern of the 3-month chart, the price can go down to $7200. But we all know that technical analysis doesn't work ;)

Screenshot  13.11.2019  22:28:23.png

Looks like a good spot to buy to me personally.

SBD is very low at $0.52. Will it recover?

It's only that price on one exchange. Is that even real volume? Upbit and Bittrex still showing much higher prices.

  ·  5 years ago (edited)

It was the price on Coinmarketcap, it should consider all exchanges...
I have seen that the price communicated by witnesses differs from that on exchanges. The internal market seems to be biased.

Well some of the exchanges don't have working wallets, so I would argue the internal price feeds used on steemit might actually be more accurate.