Post
Topic
Board Announcements (Altcoins)
Re: | STRATIS | The first blockchain developed for businesses |Full POS
by
myxamop
on 27/09/2016, 21:40:25 UTC
It is interesting when some people talk about technical analysis, the crypto trading of today is been driven by fundamentals and whales pumping the coins, technical analysis have little or no impact on the price. I read most analyst saying this coin should be this price base on the chart what you will see is that the price of the coin will take a dive instead of moving up


I'm assuming you don't know how to read charts, because if you did, you wouldn't be saying thing like this.
When whales pump, they usually never pump against trend. They pump in right time, when the price is primed, so they don't have to spend so much BTC to reverse the trend. Fighting the trend is very fooling thing to do.



Totaly agree, he is newbei, i am mostly trading on polo with big volumes  and can surely say that this is correct, whales can dip little bit to make panic, but this not even got pumped. This coin will go much far, looking charts i think this is local bottom for now.