If you draw enough lines on there every price point from 1.09 to beyond 2.00 will have some significance . Sorry, I couldn't help myself. So what you're saying is next resistance is at 1.505 and if it breaks through that with momentum that we may get to 1.73 quickly. Hope you're right. Let's see.
If you know exactly what the market will do all the time you don't need charts. I don't and I need all the help I can get to predict Mrs. Market, so if looking at charts gives one another angle of looking at what might happen I don't see why you would ignore it. When it comes to trying to predict the market, surely the more information you have the better. What is wrong with using both FA and TA?
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49.5¢ |
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 68503 | 49.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.5¢ | 6488 | 1 |
View Market Depth
No. | Vol. | Price($) |
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5 | 68503 | 0.490 |
2 | 45000 | 0.485 |
3 | 20800 | 0.480 |
1 | 75000 | 0.475 |
2 | 89712 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.495 | 6488 | 1 |
0.500 | 103435 | 6 |
0.510 | 10918 | 2 |
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0.525 | 8810 | 1 |
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