Is technical analysis useful? - page 10.

trickyriky

sr. member

Activity: 882

Merit: 251

Quote from: duc4487 on June 04, 2018, 12:58:47 AM

Many people using technical analysis for trading daily. I think that must be useful, technical analytic is another method, an effective method, it is based on the form of the market which was happened before to make more specific predict. Of course prediction can fail sometime but at least, we have something to rely on. I would like to learn some

In reality, only a few traders use this technical analysis. They are still sure that their intuition and luck work much better, and this is their biggest mistake. Naturally, TA is always needed for a successful trading.

ohkkstaaahp

member

Activity: 378

Merit: 10

“The Premier Digital Asset Management Ecosystem”

Quote from: Vness10 on June 09, 2018, 04:46:18 AM

Quote from: Julunguul on February 13, 2018, 06:39:19 PM

Using technical analysis only is not a good ways to make a decision. It should be compared and combined with fundamental analysis.

I think those analysis is just a supported tool only. Not more. The next price movement is really unpredictable.

I agree because we our the one can decide about to our funds. Technical analysis is just a tool to help us to decide but not always rely on it. In trading we are the one can decide to make a good profit.

Yes, I agree with your opinion, we are the key to our success, technical analysis is only a partial tool for predicting trends. 100% of your success. So do not overdo them. You may mispronounce and lead to failure.

KennyR

hero member

Activity: 2310

Merit: 532

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: Leonard2016 on June 09, 2018, 04:31:32 AM

Sort of , but I believe in fundamental news more in here , due to enormous number whales in crypto market , i dont think technical works very much in there , unfortunately there is no rule to fight against whale and they manipulate the market whenever they want!

Agreed, still technical analysis is a must. Because, it lets us understand the growth in the periodic manner. Whales manipulating the market happens, and that too is done based on the situation and the market. If you go through the market of the last year it'll be almost a similar pattern which lets us understand the way the price moves were gonna take place.

Visbay

sr. member

Activity: 1236

Merit: 252

Quote from: Vness10 on June 09, 2018, 04:46:18 AM

Quote from: Julunguul on February 13, 2018, 06:39:19 PM

Using technical analysis only is not a good ways to make a decision. It should be compared and combined with fundamental analysis.

I think those analysis is just a supported tool only. Not more. The next price movement is really unpredictable.

I agree because we our the one can decide about to our funds. Technical analysis is just a tool to help us to decide but not always rely on it. In trading we are the one can decide to make a good profit.

I think technical analysis helps us to decide what is going to happen next it is a kind of skill if you will do it right then it will surely help you to identify breakouts and all possible moves. Most of traders use technical analysis because it is best tool to know when is the time to buy and when is the time to sell bitcoin technical analysis gives really amazingly nice useful information to us,

Vness10

member

Activity: 372

Merit: 10

Quote from: Julunguul on February 13, 2018, 06:39:19 PM

Using technical analysis only is not a good ways to make a decision. It should be compared and combined with fundamental analysis.

I think those analysis is just a supported tool only. Not more. The next price movement is really unpredictable.

I agree because we our the one can decide about to our funds. Technical analysis is just a tool to help us to decide but not always rely on it. In trading we are the one can decide to make a good profit.

Scavagers

full member

Activity: 364

Merit: 100

Quote from: Melomory on February 13, 2018, 05:58:36 PM

Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?

Even if trading in stock and trading in crypto is almost the same thing, you cannot always apply what you do on the other. I believe technical analysis is very useful in trading stocks because it uses patterns in market data so that you can make predictions. On the other hand, cryptocurrency is subject to volatility which makes the price change frequently. This makes it hard to predict even if you look at the charts and trends. Using technical analysis can also be used but we cannot rely on it 100%.

Leonard2016

hero member

Activity: 1036

Merit: 520

Sort of , but I believe in fundamental news more in here , due to enormous number whales in crypto market , i dont think technical works very much in there , unfortunately there is no rule to fight against whale and they manipulate the market whenever they want!

dimonstration

hero member

Activity: 2716

Merit: 698

Dimon69

Quote from: ShineftChaos on June 09, 2018, 03:53:52 AM

Quote from: Melomory on February 13, 2018, 05:58:36 PM

Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?

There is no accurate prediction because there are a lot of people who are selling and investing on the market and that is the reason why the volatility occurs in the market, technical analysis is really good for people because it boosts their confidence to invest again on bitcoins or other cryptocurrency.

well based on your own experience this is where you can be able to say if technical analysis can be the good source of you to make some profit and you are the only one that can answer everything that you have to do with.

ShineftChaos

full member

Activity: 378

Merit: 100

I LOVE ADABS

Quote from: Melomory on February 13, 2018, 05:58:36 PM

Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?

There is no accurate prediction because there are a lot of people who are selling and investing on the market and that is the reason why the volatility occurs in the market, technical analysis is really good for people because it boosts their confidence to invest again on bitcoins or other cryptocurrency.

parlament9

member

Activity: 154

Merit: 10

OPEN GAMING PLATFORM

I believe. often it very often comes true. The only thing that can prevent - casual and crazy volumes which fly and control the market regardless of that, you want it or not.
And in general yes, if you well own the technical analysis, you will always have an understanding "when" to enter the market

macchiato

full member

Activity: 420

Merit: 103

Quote from: Melomory on February 13, 2018, 05:58:36 PM

Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?

It could be a trader's advantage but you don't have to rely on it entirely. The crypto market is highly volatile and is easily influenced by changes. It could pump and dump anytime. But predicting the next move in the market with a basis is much better than with no basis at all.

heavenknows

newbie

Activity: 192

Merit: 0

Technical analysis is your only guard from the ups and down in any market. It allows you study when to sell and when to buy your assets. It also gives you an idea on the risk ratio of a certain position. Meaning your current trade

MrKubeem

jr. member

Activity: 224

Merit: 1

Technical analysis is very useful and the best way to trade and the most important in trading you need to be familiarize with this analysis. You will check how’s market work and market pump and dump. TA is what I usually use in shorterm trading if you want longterm its fine but you beed to do resaerch to support your longterm goal you need fa for lingterm it takes time for FA but good reward but in TA its short term but more profitable if you can ride many times in trading so good luck.

cryptojaani

member

Activity: 252

Merit: 71

Quote from: Darker45 on June 07, 2018, 02:21:04 AM

Quote from: Melomory on February 13, 2018, 05:58:36 PM

Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?

I do believe in them. At the same time, I also believe in the fact that these are purely educated guesses of the next direction the market will take. Meaning to say, there is no guarantee that these technical analyses, wherever they came from, will give us a certain result. The market is only predictable to a very limited extent, especially if we talk of the short term movements of the prices.

Yes and in the case of big investment, technical analysis is useful and very nice to used. I am from fundamanetal analysis to technical anaylsis now I like tech analysis most in crypto its easy to used and you can check easily the market trend. It is realistic approach to the market and we can do longterm and short term trades with it. POpular ta instrument or inid ayor is moving averages candles and rsi its really useful you can try it.

prashanta

copper member

Activity: 728

Merit: 250

Quote from: Melomory on February 13, 2018, 05:58:36 PM

Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?

It is actually no person is aware of what will take place. It's like with sports activities sports experts. There are people that live for sports activities and recognize them internal an out. They supply their quality bet on who will win a pastime based totally on their expertise, but while it comes to game time, there are a million unknown variables that would determine the final results of the game. It genuinely is why as an investor, it's most secure to simply purchase and preserve. In case you take into account in crypto then you definitely genuinely do not want to time the market because of the reality you comprehend in the long run the market will keep to move up over a long time.

Renampun

sr. member

Activity: 2338

Merit: 365

Quote from: Melomory on February 13, 2018, 05:58:36 PM

Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?

the level of precision prediction issued by the market analysis is only 75%, the rest of us who must try to analyze themselves, believe in the market analysis is okay, but do not believe 100%, some experience has taught me not to believe 100%...

shelimy

member

Activity: 140

Merit: 10

Based on my understanding, yes. Technical analysis makes a big difference when you are investing in cryptocurrency. Why? Because it can give you a scientific proof on how the market is moving and when is the right time to invest and sell our stocks.

777Jolami

member

Activity: 700

Merit: 14

Quote from: RasicaOla12 on June 06, 2018, 09:31:21 PM

Analysis will help us have a scientific view and full of the aspects from which giufp for our investment will have the direction as well as goals will be thanks to the analysis of ghosts we will understand more about the market and its trend

Technical analysis is essential if you want to be a good trader but I think it is only very useful when the market is stable but the cryptocurrency market is so big that technical analysis is no longer the main. more. In the current technical analysis only help investors identify the point of purchase and the appropriate selling point.

bncbnc

hero member

Activity: 840

Merit: 500

Quote from: mbm_ico on June 05, 2018, 02:56:14 AM

Technical analysis, however that may be said, is a very good way to understand the market trend. But still be versatile, consider many other factors.

I also think that technical analysis is important, but it is not so easy for that you need to spend some good time in the market and after that when you become so much expert in trading world only then your technical analysis can help you. some time even the prediction of expert people proved as wrong. But still it is an important tool for getting success in the field.

kramr

full member

Activity: 406

Merit: 106

As a crypto trader technical analysis is very reliable and important in order not to lose funds in trading and only make profits will always be the outcom

Topic: Is technical analysis useful? - page 10. (Read 2535 times)