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Topic: Is technical analysis useful? - page 4. (Read 2535 times)

copper member
Activity: 28
Merit: 0
July 11, 2018, 04:21:06 PM
Technical analysis is useful towards a specific speculative extent. But due to its volatile nature you should always take into consideration of various news and announcements on PR and the market situation as a backup.
jr. member
Activity: 61
Merit: 9
July 11, 2018, 03:07:13 PM
It is really difficult to take precise take on the future just by the help of technical analysis and charts,the volatility is really high and you never know when the market is going to rise or fall as it is hard to determine the specific factors that rule the market. If you are doing a day trading, then yes technical analysis are more suitable for you.
full member
Activity: 1106
Merit: 166
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July 11, 2018, 02:27:22 PM
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?


I actually believe that it is useful for investors and traders. It is a good basis for us to know the flow of the market and our hodlings. It is a reliable source for us to know what's happening about the market. Through it, we could determine and analyze the best coins for the future.
I also consider that speculative analysis is very important for investors and traders, because with us having good analytics and speculation of course the capital for us to be able to choose and know what we should choose to invest and trade, for example we have no analysis and speculation, I think we will find it difficult to trade and invest well.


Best technical analysis very very very helpful for all the people to get more profit in cryptocurrencies especially Bitcoin investment based on Intelligence and patience so it will very important for all people.
full member
Activity: 518
Merit: 100
July 11, 2018, 02:18:13 PM
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?


I actually believe that it is useful for investors and traders. It is a good basis for us to know the flow of the market and our hodlings. It is a reliable source for us to know what's happening about the market. Through it, we could determine and analyze the best coins for the future.
I also consider that speculative analysis is very important for investors and traders, because with us having good analytics and speculation of course the capital for us to be able to choose and know what we should choose to invest and trade, for example we have no analysis and speculation, I think we will find it difficult to trade and invest well.
member
Activity: 364
Merit: 11
July 11, 2018, 02:05:05 PM
Yes, actually the technical analysis is one of the main reasons
why some experts have a basis in their decision making because they have a guideline in all decision they make.
full member
Activity: 1708
Merit: 126
July 10, 2018, 12:21:07 PM
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?


I actually believe that it is useful for investors and traders. It is a good basis for us to know the flow of the market and our hodlings. It is a reliable source for us to know what's happening about the market. Through it, we could determine and analyze the best coins for the future.
sr. member
Activity: 742
Merit: 250
July 10, 2018, 12:20:44 PM
Technical analysis is really useful in trade, it gives us an overview of the market situation, helping investors maximize profits, especially the medium term investment. People often say it is a very important factor and it decides to make a profit. Yes, it is very important and useful, but to make a profit is not only dependent on technical analysis but also on other factors such as capital, external influences or Emotion influences important decisions. This is just my opinion
newbie
Activity: 73
Merit: 0
July 10, 2018, 12:13:26 PM
I personally believe that doing Technical Analysis is a good decision to do before making sure to do a trade so that you can be more accurate and to make your trade have a higher chance of winning a profit in your trade. Me and my friends always use technical analysis in our trades and we can prove that it can really help us, traders. Youtube and Google can help us to study more about Technical Analysis.
newbie
Activity: 42
Merit: 0
July 10, 2018, 10:27:19 AM
 Reliability is the main thing for doing better and good.
we should 1st check out this reliability and then start trading or whatever you want. Lips sealed Lips sealed
full member
Activity: 378
Merit: 100
July 10, 2018, 10:23:37 AM
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Off course technical analysis is very useful so we can able to analyze what is the good coin or what is the promosing coin to buy and technical analysis is useful because it is one of the best strategy to became successful here in crypto world.
sr. member
Activity: 602
Merit: 262
July 10, 2018, 10:06:38 AM
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Trading is like a game there is a lot of probabilities to happen.  You should think the proper moves to be right every time you need a technical analysis to guide you to every step. Technical analysis is not only useful on the trading there is some other activities need to be analysed. When you use the technical analysis, you will be identified or predict what will be the next value of the coins that you have.

I agree with this idea in trading industry all things are possible to happen as always the risky are too high and I think using a technical analysis can give you idea when the right time to entry your buying and when to exit most trader are using technical analysis like some indicator to make it accurate to enter.
full member
Activity: 406
Merit: 117
July 10, 2018, 09:59:04 AM
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Trading is like a game there is a lot of probabilities to happen.  You should think the proper moves to be right every time you need a technical analysis to guide you to every step. Technical analysis is not only useful on the trading there is some other activities need to be analysed. When you use the technical analysis, you will be identified or predict what will be the next value of the coins that you have.
member
Activity: 364
Merit: 10
July 10, 2018, 09:43:57 AM
It seems like Technical Analysis is more prevalent in the crypto space than in traditional markets, but maybe it is just the people I am around or follow on Twitter.
There are all sorts of indicators that people use to help predict future price movements. Over the past few days I have taking a few courses on the basics of Technical Analysis to now some more intermediate/advanced methods. but the problem is crypto  has very high volatility.
hero member
Activity: 2856
Merit: 667
June 26, 2018, 05:14:31 AM
technical analysis is useful and helps to make better decisions in understanding the market and helps you make good decisions. And of course, the reliability of information gained by technical analysis on the crypto currency market affects greatly
News is very important because that would create speculation, the hype and FUD is what makes the market so volatile.
There is so much risk here as even technical analysis does not work all the time, we need to be extremely smart to gain in the market movement.
newbie
Activity: 112
Merit: 0
June 26, 2018, 02:43:44 AM
Technical analysis is one of the key way of predicting the stock and commodity market and crypto market respects this a lot. If technical analysis does not work, what then is the essence of trading? Fundamental alone can not accurately predict the market whereas technical does.
In recent times , methods that have remain consistent and reliable includes  price action, demand and supply zone, Naked  forex  and few others. These methods fall into technical analysis and are at least 80% reliable.
newbie
Activity: 112
Merit: 0
June 26, 2018, 02:40:43 AM
Technical analysis is one of the key way of predicting the stock and commodity market and crypto market respects this a lot. If technical analysis does not work, what then is the essence of trading? Fundamental alone can not accurately predict the market whereas technical does.
member
Activity: 364
Merit: 10
June 26, 2018, 02:11:31 AM
technical analysis is useful and helps to make better decisions in understanding the market and helps you make good decisions. And of course, the reliability of information gained by technical analysis on the crypto currency market affects greatly
member
Activity: 311
Merit: 10
June 25, 2018, 12:26:16 PM
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
I think that at this time the technical analysis only allows you to refer to a bit price line of bitcoin but can not be 100% accurate. You can see the market is constantly fluctuating and difficult to guess, bitcoin prices will be able to continue to drop sharply at any time, so investing in bitcoin at this time the risk will be very high.
sr. member
Activity: 574
Merit: 250
June 25, 2018, 12:12:13 PM
On my opinion yes, I believe on the information obtained by technical analysis. Well, basically we need to refer on those informations as we want to assure a great amount of return in the future. Also, we need to be patient as the value of the crypto currency is so volatile and wait a perfect time as you are wishing for a great value.
full member
Activity: 658
Merit: 103
June 25, 2018, 12:47:26 AM
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
I will not use technical analysis if it is not useful. I keep using it because I keep getting reliable information. I know when is the right time to exit in trading and to buy at right time because of technical analysis.
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