We still need technical skills even support some already hire advisors for this area so they will not missed a chance in crypto world and too managed effectively their alts, we know that are really lot of news mostly from FUD that makes the market move uncomprehending so we still need to skills to determine whether the fud is legit or not. That experience of technical analysis useful to coins concept of market.that is business ethics are equaly point to tecnical process.By processing historical market data of any instrument, you can try to anticipate how it should be traded
Topic: Is technical analysis useful? - page 23. (Read 2535 times)
I believe in technical analysis combined with fundamental analysis and price action/market sentiment. It help me a lot in speculating the possible support and resistance of a coin. Technical analysis is mathematical formula and it is effective simply because majority of traders use it so somehow you will have an idea of what are the traders reaction would be when that price is hit. The market is managed by large players who are very familiar with technical analysis and always direct the market in the context of technical analysis
my opinion technical analysis necessary such a category of people as traders. for curiosity I watch the technical analysis and I made a conclusion on the course almost always affect news. Of course I mean world news
for me Technical analysis is like story telling, it will justify the news and trends and will tell you why the price behaves in such ways. however I don't think it can be used reliably to predict future events and base trades on those future events. I use TA to identify trends, if the coin I am interested is on a bullish trend or bearish one.
Definitely! Technical Analysis is very useful to determine present market conditions and to forge a plan or have an idea of where the market is heading. We must use technical analysis together with other tools to obtain the desire result in trading.
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Crypto currency market have massive potential and it is increasing and same time competition also increasing,Earning high will be difficult but the technical skill and analysis will make you different and will take right decisions accordingly will result good profit.
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Of course it is! Many people are using technical analysis because the information that they are getting is reliable. I also using technical analysis for me to easily predict what will happen to the price of the coin. 
In my opinion, technical analysis and charting skills are necessary and important to have the optimum effect in the commercial crypto market.
performed technical analysis and charting are invaluable tools to help predict direction, movement, support levels and resistance levels.
In addition, each analysis has its own characteristics and investors are encouraged to learn to determine the risk and profitability of the trading process.
According to my experience, the technical analysis is simply the tool created by the whale. In the past, did you try to ask where that technical analysis created? You don't know why sometimes, these technical analysis skills can help you get profit. So, there is no data; technical analysis help you get money, it's merely a tool to help the whale know what's thing almost investor are thinking to create the strategy to deal in the market. performed technical analysis and charting are invaluable tools to help predict direction, movement, support levels and resistance levels.
In addition, each analysis has its own characteristics and investors are encouraged to learn to determine the risk and profitability of the trading process.
TA is useful for seeing how the market will fluctuate and predict movements. But of course all of this will only be useful if you practice your fundamental analysis skills!
Doing technical analysis helps you is some way, it gives you a hint that how the crypto market is working and in which coin you have to invest or not. I will not suggest you to invest your money only on the basis of technical analysis because it doesn't give a brief knowledge.
I will just compare the analysis with my own analysis if the analysis is the same then I will use it. And I do not really believe in the analytics techniques available on the internet
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Of course it is! Many people are using technical analysis because the information that they are getting is reliable. I also using technical analysis for me to easily predict what will happen to the price of the coin.
In my opinion, technical analysis and charting skills are necessary and important to have the optimum effect in the commercial crypto market.
performed technical analysis and charting are invaluable tools to help predict direction, movement, support levels and resistance levels.
In addition, each analysis has its own characteristics and investors are encouraged to learn to determine the risk and profitability of the trading process.
performed technical analysis and charting are invaluable tools to help predict direction, movement, support levels and resistance levels.
In addition, each analysis has its own characteristics and investors are encouraged to learn to determine the risk and profitability of the trading process.
Technical analysis is very useful in making trading decision although, it is always advisable to take into consideration the fundamental aspect of the market analysis as that has a serious effect on the market too.
I believed that some skill is need for trading
So technical analysis is useful for trade and watch some technical YouTube video
So technical analysis is useful for trade and watch some technical YouTube video
It can be applied to the crypto market. Though, it is a new, not well studied sphere, unpredicted and highly manipulated. I would stuck to the "buy-hold" scheme, which is more profitable.
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
It can and should be used. But also use the fundamental analysis, follow the news, read the opinions of the best experts, attend the chat rooms of investors and traders. Conclusions on the basis of all the information received. Technical analysis is an auxiliary tool. Technical Analysis is very useful for determining the direction of the market. Technical Analysis may not be good as a tool for speculation, But TA will not keep you in the dark as far as market condition is concern. You can make bold move because of TA.
Surely. I do not understand why still some people have some worries and doubts about it. technical analysis helps to understand the potential growth (or fall) of a coin. I am always following the charts
Of course, technical analysis is very useful. Because it helps us make a wise and reliable decision to invest or invest. Analytical skills are an indispensable skill for investors when entering the cryptocurrency market. It helps investors quickly find their profits.
This bear market has created many TA experts. The thing with TA is that the more it is known, the more it goes wrong. In cryptocurrencies, where the bulk traders run the market, they can't let everyone speculate the next price movement. They ll get in loss otherwise. So, they change the trend in matter of seconds putting the TA in vain. This is exactly what happened yesterday with almost 17.5% price growth in just an hour. This is too much in such a short time that too in bear market. TA is only good for entering and exiting the positions. Don't rely too much on TA because market makers defy TA.
Right, you will hear TA terms like double bottom, death cross and others that a ordinary member like me doesn't understand. So most of the time I don't listen and I don't try to be expert on it because I don't make things complicated on my end.
I will just buy if I have the funds and fells the market is just ripe. Or I will sell if I see that I can profit a lot. Again, I don't want it to be hard on my end and make it complicated.
This bear market has created many TA experts. The thing with TA is that the more it is known, the more it goes wrong. In cryptocurrencies, where the bulk traders run the market, they can't let everyone speculate the next price movement. They ll get in loss otherwise. So, they change the trend in matter of seconds putting the TA in vain. This is exactly what happened yesterday with almost 17.5% price growth in just an hour. This is too much in such a short time that too in bear market. TA is only good for entering and exiting the positions. Don't rely too much on TA because market makers defy TA.
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