Topic: Is technical analysis useful? - page 20. (Read 2551 times)
to be able to get profit then we should be able to analyze the market and coins well so we will know when the right time to buy or sell and thus we can reduce the risk for loss and we can get a big profit
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Actually, many traders like me are using technical analysis to predict the price of the coin. For me, using technical analysis is worth it because it is giving reliable information that I am using for me to earn money from trading.
Technical analysis is very useful. After analyzing, you will predict the next market will look like. You will make the right decision to make your business or investment productive.
Technical analysts use charts because they are the easiest way to visualize historical data! All analysis is useful, IF you use it in the right way 
I believe this may work when we talk about the short term platrofms, even though I am not familiar with the technical analysis myself.
Technical analysis is very helpful to decide when and where to invest, We all know trading are risky but traders are willing to accept the risk just to earn profit, One way of minimizing the risk is deep planning, Gathering data would be easier for us to identify which one has potential and easily anticipate its movements.
I think yes it is always good to get technical analysis, for that you need to study the market and always get the expert opinion which can help you in taking a right decision, i think that successful trader always get technical analysis, which really help them in taking a right decision about their trading and investment. which can be helpful for getting profit from trading and investment. 
The general condition and direction of the market can only be discover by the technical tools available via fundermental analysis. Technical skills could as well determine your future income depending on how skillful you are!
True this is just may also based what skill are you wiling to do for just to make it sure that you can also have profit on it. And for the future this is just always to be on you.
I also do not really know try to ask people who have studied private using technical analysis, I've been asking a lot of people who have long been in the crypto they say the price can not be predicted to pump / dump anytime, they may be able to read from the chart before but does not guarantee the next price can be predicted.
very useful because the capital to trade is able to analyze and most people who succeed is a person who is smart to analyze
In every trade i always use technical analysis, this is very usefull for me, although not 100% accurated but technical analysis really help to decide and to know best level price to buy and sell. Technical analysis will help to understanding price action and the trend of crypto price. I can not doing trading without look the chart to know the price on support or resistance area.
Well.of course it's useful. Though it really doesn't determine how a coin's movement would turn out. Knowing how to utilize ta's is better than blind trading. At least that way you have an idea of how your trades can go and be able to prepare yourself on how to react.
The technical analysis is excellent, but it must always be compared with the fundamental analysis and - anyway - keeping in mind the context in which we move: while the forex is more stable, the crypto world is very sensitive to rumors, so always have a eye on what's going on behind the charts
In every trade i always use technical analysis, this is very usefull for me, although not 100% accurated but technical analysis really help to decide and to know best level price to buy and sell. Technical analysis will help to understanding price action and the trend of crypto price. I can not doing trading without look the chart to know the price on support or resistance area.
The general condition and direction of the market can only be discover by the technical tools available via fundermental analysis. Technical skills could as well determine your future income depending on how skillful you are!
Crypto might be substantially volatile, and watching a crypto price movement chart will probably reveal a selection of highs and lows that form a linear pattern.
Technical analysis must be known for general development, but it is not worth invoking it. I take decisions after my own analysis of the project or coin.
Technical analysis is very helpful to decide when and where to invest, We all know trading are risky but traders are willing to accept the risk just to earn profit, One way of minimizing the risk is deep planning, Gathering data would be easier for us to identify which one has potential and easily anticipate its movements.
This assuming of risk exist in all the businesses and therefore I am not considering it a risk because I know that, I know the knowledge of Bitcoin and other crypto market coins. I have never been busted and no one will ever bust if knowledge is here. The technical and expert analysis both are necessary to here and watch what is going on in the market. Keep updating about the market will result in making your decisions to the right direction. In trading, Yes, you need to technically analyse the market to know when to and when not to. Learn to read charts and know actions to take.
Reading those charts do you think they are even reliable? This market is unpredictable, predictions I have seen so far are not always completely accurate. You know this is being moved by investors and whenever they invest is when the price will go up, so don’t be sure of these analysis, though you can rely on them but don’t rush it. You need to have patience and see what happens, if there will be more signs for you to confirm it.
Technical analysis is very helpful to decide when and where to invest, We all know trading are risky but traders are willing to accept the risk just to earn profit, One way of minimizing the risk is deep planning, Gathering data would be easier for us to identify which one has potential and easily anticipate its movements.
In some point, it is also useful in analysing the technicalities of a certain coin in the market. It would be easy to gather data and track the coin before doing a final evaluation. We'll be able to find the advantage and disadvantage where to put our trust. But sometimes, it does not give a 100% reliable and consistent information. We can always do an alternative research to satisfy our contentment. Anyway, this is not the only fundamental tool for traders, this is just a guide. At the end of the day, the decision will always end up into our own analysis.
It's just useful for any indication if you should sell or buy altcoins at that moment. But did not pursue doing technical anlysis because it's very stressful. I only based on my instincts, news, and market movements.
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