99 percent of the technical analysis didn’t see this dump coming!
Technical analysis are just created by the past year happenings but there is no need that the history needs to repeat every time,so don't trust the technical analysis all the time just invest on the crypto currencies in the long term to make profits and don't care about the price dumps and bumps. 
Topic: Do you listen to technical analysis? - page 5. (Read 607 times)
Technical analysis is good and helps investors to at least see the direction things are going if not clearly but some level of information is gathered for them.Technical analysis is done by those who really understand the system so well.They know the ups and downs in there.
I think in crypto market no analysis will work, even fundamental and technical. Any market mostly works on news based,on this it may jump and dump.
Technical analysis works considering many factors and previous situations. It can help you read market in more precise way and many time you can make profit from it specially when some big news is coming but In real time no one can predict anything 100% correct.
Technical analysis is for reference only. The market is influenced by many factors including unpredictable things. So I reward trading with my own feeling.
Technical Analysis is just an analysis. No one knows if it will really happen. However, it is still a acts as a guide when to buy or sell. Just keep track of the coin and trust your instincts.
I think that nobody can foresee exactly what awaits us. Therefore, don't rely 100% on something like technical analysis, however I believe that it is still worth paying attention to it
See the candlestick is so boring, at least with me. In my opinion, in crypto currency market, where everythig was controled by "Whale", the technical analysis is not inportant. We still can analysis to know how price i can buy or sell, but we must read many news about crypto to decide
Actually technical is good for non news coin and its one of the good analysis but nowday its become worthless becaise of this recent market condition . Even till a date it was the most unpredicted reversal trend I seen till a date . Because after each stable state I found huge pump atleast 100 billion market pump but this time everything going unpredicted.
Technical analisis is only useful if you are experienced in it. In any other cases it is a waste of time nothing more. Speaking about technical analysis without knowledge in trading not the best way to earn money. And ofc any analyze can't predict any event with 100% accuracy.
99 percent of the technical analysis didn’t see this dump coming!
technical analysis in cryptocurrencies is not that effective as in stockmarket and forex because crypto world is the most volatile among them and this TA's is only used when you have no source of news to a specific coin(because Fundametal Analysis is the main factor among new coins ).
most of the crpto trader whales are from stocks and forex that is why they are on to TA's so i better trust my crypto guts than TA's.
An analysis will always stay an analysis no matter what - just a mere prediction but still can help in a decision making. We can all follow and suit ourselves with an analysis, but don't expect too much.
you are right, the analysis is just an analysis, the analysis is a set of observations of each person, no one can guarantee that analysis will be a tool of truth, sometimes analysis will only be appropriate if we agree and feel it makes sense.
No.
I dont like to, TA will never work in crypto due to it being around for so little. We need more time to analyse more markets
I dont like to, TA will never work in crypto due to it being around for so little. We need more time to analyse more markets
Not all the time since crypto is different from all the other markets like stocks, and forex. Things here doesnt work like they predict it to be, some trends are not usual and still needs further study.
See the candlestick is so boring, at least with me. In my opinion, in crypto currency market, where everythig was controled by "Whale", the technical analysis is not inportant. We still can analysis to know how price i can buy or sell, but we must read many news about crypto to decide
Yes, I also consider listen technical analysis from the crypto experts however I still do my own analysis by checking on the price graphical chart movement every week and keep updated on the actual price value of btc and alts on daily basis at coinmarketcap site. With your own
analysis and with consideration of the analysis from the experts, it could be of big help on your plan investment and the right time to sell your coins.
analysis and with consideration of the analysis from the experts, it could be of big help on your plan investment and the right time to sell your coins.
It is my situational thing to look into TA. I only use it for historical reasoning to invest at that coin. I would look into its past history on how did the coin run in the past if it is simply just a pump and dump coin or is it really slow growing coin. The TA will surely tell you if it is gonna be worth it to invest at. You're not gonna depend in it too much to get the best sell you can do in the market.
Technical analysis is very effective when you are a day trader. It shows a chart to the point where you will have an idea when to enter when a long downward red bar shows up. Well, i dont listen that much to technical analysis and I prefer trusting my own instinct. We should always control our greediness and discipline is a must in trading.
99 percent of the technical analysis didn’t see this dump coming!
I think not techncal analysis does not work in crypto, because it is quite unstable still.May be in 2-3 years it will become less volatile, and then it can start working.
99 percent of the technical analysis didn’t see this dump coming!
One thing is the analysis, and the other is that there is no growth in the capitalization and volumes of trades, no dynamics of the price increase for top coins does not occur in recent times. And the more people analyze the more, the more often they begin to get out of this dump, exacerbating the situation.Correct! There is very very little people who make proper comparisons and true research. They just pull up some charts, change the data ranges, change the timeframes and everything is conveniently laid out.
Take a look at this dump last night, for example. It looks big, but the volume was $4 billion. That's not even 25% of the daily volumes we saw in January. So all this context is lost. We only see RED RED RED. Does it mean much? Not to me.
Almost always, if the coin has no important news in the near future. Only in this case technical analysis can be useful. In other cases, I am guided by market position and possible mass of the reasons for the dump.
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