Do you listen to technical analysis?

Darklinkz

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Quote from: jamesashmore1964 on June 10, 2018, 03:49:24 AM

99 percent of the technical analysis didn’t see this dump coming!

True enough. There's only two outcome in trading and it's either going up or going down. Each of us has a prediction and we know that traders always hope for gains but this market is highly manipulated so ta does not really do much and just another tool to hype some newbies.

Moiyah

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Most of the time, yes I am following technical analysis. But of course I confirmed it with the other groups. There are times that technical analysis cannot detect immediate pump and dump. Especially when whales are about to enter the market. Even the strongest TA will be useless.

A L I E N

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Quote from: edisystem on March 27, 2019, 01:21:34 AM

Nope, never listen to that because of them are fake too and maybe get paid by some people to do that.

It's only in cryptocurrency but technical analysis in real world real market, i'll listen to it. I always think technical analysis on crypto is not 100% true.

I used to do it, but soon, I found that technical analysis does not work. I am trying to use my experience and different trusted sources of information when I choose altcoins and work with the cryptocurrencies.

greenclub09

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Quote from: myhoho on March 27, 2019, 07:33:45 AM

Technical analyses are the best but you need to feed them with news.
here is a list of tech and news mixed signals : https://bitto.io/skyrocket-trades-of-the-week/

Yes, that is true, technical analyses is so good that it should be used more often in daily but as many people said, we can not see what will happen in the future, we can see analyses to prepare for the market in the future not making decision base on this, anyone think if the market bases on techinical then surely they will loss money very soon.

victoria444

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You can't wholly say that technical analysis are dead. Ledu listing on latoken proves otherwise.

mersal

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Quote from: jamesashmore1964 on June 10, 2018, 03:49:24 AM

99 percent of the technical analysis didn’t see this dump coming!

yes definitely, but I don't trust technical analysis only because if you are go with only one trust it will be give some less confidence so making other analysis are also important for everyone to be confident to invest on anything.

ethereumhunter

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Quote from: jamesashmore1964 on June 10, 2018, 03:49:24 AM

99 percent of the technical analysis didn’t see this dump coming!

Where you got that number? Care to share to us so we can analyze together?

We don't know if that is true or not because of the crypto market unpredicting. I don't listen to technical analysis from other people, but I do read their analysis, and I will make my analysis and used their analysis as a source to compare or get more information for me. It is better we analyze than depends on the other people because we don't know how they analyze that line.

BeGoods

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Quote from: edisystem on March 27, 2019, 01:21:34 AM

Nope, never listen to that because of them are fake too and maybe get paid by some people to do that.

It's only in cryptocurrency but technical analysis in real world real market, i'll listen to it. I always think technical analysis on crypto is not 100% true.

If the technical analysis is made by someone else, then you should not fully believe it. you're right, they provide analysis of course with their own interests, so don't easily believe their speculations and predictions. do analysis with your own skills more better..

aragom

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Quote from: edisystem on March 27, 2019, 01:21:34 AM

Nope, never listen to that because of them are fake too and maybe get paid by some people to do that.

It's only in cryptocurrency but technical analysis in real world real market, i'll listen to it. I always think technical analysis on crypto is not 100% true.

i dont trust any ta.
because when everything is fine. a small bad news can make 10% decrease. no one can guess that or noone can read it in ta.
or same, a good new or partnership make 2x. who can know it

WalkerIVIV

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Quote from: alisafidel58 on March 27, 2019, 05:51:42 AM

Nope because most of them are scumbags, I do my own analysis and never listen to anyone. With the market being volatile its hard to listen to anyone.

Because they can take advantage of anyone who believes in their analyzation. I will feel better top get lost caused by i was doing a wrong analyzation rather than believes in others. It's not only hard but it's almost impossible.

myhoho

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Technical analyses are the best but you need to feed them with news.
here is a list of tech and news mixed signals : https://bitto.io/skyrocket-trades-of-the-week/

alisafidel58

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Nope because most of them are scumbags, I do my own analysis and never listen to anyone. With the market being volatile its hard to listen to anyone.

ScarletSnow

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Quote from: jamesashmore1964 on June 10, 2018, 03:49:24 AM

99 percent of the technical analysis didn’t see this dump coming!

I do my own technical analysis and somehow read articles and news about certain topics so that I could verify or even falsify the ones I read. There are a lot of things to consider for those analyses but one should also consider the unforseen scenarios and be ready with the sudden drop and rise of prices.

edisystem

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Nope, never listen to that because of them are fake too and maybe get paid by some people to do that.

It's only in cryptocurrency but technical analysis in real world real market, i'll listen to it. I always think technical analysis on crypto is not 100% true.

mirakal

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Quote from: jamesashmore1964 on June 10, 2018, 03:49:24 AM

99 percent of the technical analysis didn’t see this dump coming!

Do you believe that your percentage is accurate? Where did you get that?
Have some source to back that, otherwise that's an empty rate.

But actually you are right that most of us did not see this coming, maybe because we are too greedy longing for bigger prices.

Ailmand

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No because they are also people and they could make mistake so it is better to listen to yourself and do your own decision .
I think we should learn to make our own decision don't rely on other when it comes to investment we should be the one to control our money.
They are also people they just have the experience and knowledge but you could also do what they do if you want ,It would only take some time to know how they do it if you really want to do it too.

mrdeposit

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Quote from: cmarquez on July 01, 2018, 05:28:41 PM

The crypto market is a young market unlike forex trading wherein its been existed long to conclude an analysis. That is why i never based myself on a technical analysis to check the market. On the other hand i am more agreeable to fundamental analysis wherein current events shakes the crypto market.

If we discuss the young and new markets then talking about the fundamental analysis is trivial. There is a better type of analysis tools for making trading decisions. Unlike forex trading, the technical analysis only works in bigger time frames.

albon

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Quote from: jamesashmore1964 on June 10, 2018, 03:49:24 AM

99 percent of the technical analysis didn’t see this dump coming!

Technical analysis is important in the world of cryptocurrency trading, If you do not know the movement of coins prices, you will fall into the mistake of selling and buying and this puts you to risk in your money, But it is in the first and last, just expectations may be successful or otherwise, Yes, there are many experts who did not expect this dump, But we must forgive them because no one can expect anything 100% in a volatile market like ours.

Leah38

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I see traders posting about technical analysis. They seem to be earning by the looks of it but I don't really fully understand what technical analysis is. I trade by looking at past graphs and volume. I'm not an expert trader so I need to learn more.

Jonking

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no i don't listen to them although some of their analysis are almost true.. watching about their analysis and its done

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