TECHNICAL ANALYSIS | Bitcointalksearch.org

wxa7115

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Bitcoin is GOD

Quote from: SquallLeonhart on December 20, 2021, 04:14:58 AM

Quote from: wxa7115 on December 18, 2021, 12:41:16 PM

most altcoins should instead be traded using fundamental analysis.

In my experiences, almost all alcoins are good only for short term trading which means just technical part is more than enough for me to gain some 10% to 15% profits in maximum one week of time.

I am not denying that altcoins for the most part should be used only as a way to try to raise your capital for the short term, however as I said most of the time you cannot really use technical analysis on those coins, as technical analysis is not really suited to deal with a market with low volume and that can be manipulated that easily.

This means that if you want to invest in a coin then you need to look at other factors like the developers, its use case, the road map, how saturated is the market for a projects like that and many other factors, and then once you decide a coin is worth it then you could try to obtain profits with it during the short term.

pieppiep

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Quote from: riskarcher on December 20, 2021, 09:40:30 AM

Quote from: pieppiep on December 20, 2021, 07:41:02 AM

Quote from: SquallLeonhart on December 20, 2021, 04:14:58 AM

Quote from: wxa7115 on December 18, 2021, 12:41:16 PM

most altcoins should instead be traded using fundamental analysis.

In my experiences, almost all alcoins are good only for short term trading which means just technical part is more than enough for me to gain some 10% to 15% profits in maximum one week of time.

Exactly. I agree that all coins are good for short-term trading but not with bitcoin. If they want to use bitcoin for the short-term, they need to have skills to analyze when to buy and sell so they can make a profit. However, technical analysis needs more information to figure out the time to enter the market. Otherwise, you will be in the wrong time to trade and not profit.

Especially if the market situation is sideways but bearish time must determine the right decision in calculating with technical analysts and with news in the crypto market because these 2 factors affect the bitcoin price of candle stick. If you feel that the market situation is unstable, don't try to enter the market or try leverage

Maybe we can not get an accurate calculation in the technical analysis as the market can go to the other side that we miss. But if we can do more practice, I am sure sooner or later, we will have an opportunity to improve our skills. Once we improve our skills, we will have many chances to select the coins to trade. And if the market goes in the other direction, we can make another strategy to follow the market and profit.

palle11

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Quote from: tvplus006 on December 21, 2021, 06:13:01 AM

since in most cases price movement forecasting is based on price changes in the past.

IMO I don't believe that technical analysis especially talking about the chart, graph etc has to be past relating to future. I think it shows you the next step to take in the future, that's the gap it creates in the future is expected for a trader to analyse and speculate to cover it up accurately and if you succeed to cover it up accurately, that is the profit and if you do it wrongly that turns into loss. So that is the reason for different trading minutes, hours, daily, weeks and months which are very good to speculate.

Taskford

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I guess none of the other forum members have mentioned this underrated technical analysis course in youtube.

It's been a few months since I found COTTONCANDYTA from other members of this forum and I must say that, while his courses are lengthy, the amount of knowledge you can get is comparable to a proper university education.

And He currently update the contents from Beginners to the most Advanced courses so that everyone can easily follow.

zulfi125

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This is true to become a successful trader you need to learn about technical analysis before starting crypto trading, if you want to learn about technical analysis about the crypto market, YouTube is the best platform where you can learn about technical analysis, there are many channels that are teaching about technical analysis so you can subscribe them for learning.

AakZaki

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zknodes.org

Quote from: pgbit on December 16, 2021, 10:07:39 AM

Technical analysis plays a very important role in Trading. in technical analysis you will know how the market will go means will market will go up or down. With technical analysis, you can get a good profit

Technical analysis also won't work 100%, it's just a prediction to find out when is the right time to enter and exit. Good profits will be obtained if we can take advantage of the moment at every price fluctuation.
Technical analysis is a basic science that must be known before trading. and don't forget to learn Fundamental analysis too.

virasog

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Leading Crypto Sports Betting & Casino Platform

Quote from: ShaynaBrewer on December 05, 2021, 04:35:47 AM

Hi everybody,

every top trader places high value on technical analysis knowledge and its application. for everyone that aims to be a successful trader must learn to study and understand technical analysis so as to be able to sigh read charts , interprete and place trades. please kindly share some tips and material links, journals for newbies and anyone who wants to brush up their knowledge on technical analysis.
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Thx.

There is a lot of stuff available on the internet / YouTube regarding technical analysis. You can easily learn online but most important thing is that you practice what you learn in order to be a successful trader.
If you are willing to pay then you may search Udemy for some best paid courses by experienced traders.

qory

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When I started trading I study on this website for free babypips.com although it is a forex trade the concept, strategies and understanding of the whole market is the same as the cryptocurrency market I also see some good topics on YouTube about trading where they discuss every strategies and every topics on some paid courses on Udemy.

Pasa32

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Taking profit by trading does not require only technical analysis, you must have trading experience for profit. You can get that experience by trading in the demo account. There is an option in Trading View where you can practice your trades. So as a newbie so must not start trading with your funds, start with demo account.

perla

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Look at this website https://github.com/SpiralDevelopment/Awesome-Crypto-Trading they give complete information and materials about trading and other things that is related to trading such as tools and bots. I hope this would help you on your trading but of course test it out your self if you can apply the things you have learned from this materials.

tvplus006

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To the Moon

Quote from: Mpamaegbu on December 13, 2021, 11:49:37 PM

Market manipulation isn't exclusive to cryptos alone. All markets have their fair share of it, be it Forex Trading, Binary or even stocks; they all have it. Come to think of it, it's better to be armed with something going to war than nothing at all. TA is still important even in the face of perceived manipulation.

Indeed, if a trader does not use technical analysis, his trading style will be similar to a casino. Technical analysis allows a trader to increase the percentage of profitable trades, since in most cases price movement forecasting is based on price changes in the past.

riskarcher

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Quote from: pieppiep on December 20, 2021, 07:41:02 AM

Quote from: SquallLeonhart on December 20, 2021, 04:14:58 AM

Quote from: wxa7115 on December 18, 2021, 12:41:16 PM

most altcoins should instead be traded using fundamental analysis.

In my experiences, almost all alcoins are good only for short term trading which means just technical part is more than enough for me to gain some 10% to 15% profits in maximum one week of time.

Exactly. I agree that all coins are good for short-term trading but not with bitcoin. If they want to use bitcoin for the short-term, they need to have skills to analyze when to buy and sell so they can make a profit. However, technical analysis needs more information to figure out the time to enter the market. Otherwise, you will be in the wrong time to trade and not profit.

Especially if the market situation is sideways but bearish time must determine the right decision in calculating with technical analysts and with news in the crypto market because these 2 factors affect the bitcoin price of candle stick. If you feel that the market situation is unstable, don't try to enter the market or try leverage

pieppiep

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Activity: 1596

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Quote from: SquallLeonhart on December 20, 2021, 04:14:58 AM

Quote from: wxa7115 on December 18, 2021, 12:41:16 PM

most altcoins should instead be traded using fundamental analysis.

In my experiences, almost all alcoins are good only for short term trading which means just technical part is more than enough for me to gain some 10% to 15% profits in maximum one week of time.

Exactly. I agree that all coins are good for short-term trading but not with bitcoin. If they want to use bitcoin for the short-term, they need to have skills to analyze when to buy and sell so they can make a profit. However, technical analysis needs more information to figure out the time to enter the market. Otherwise, you will be in the wrong time to trade and not profit.

SquallLeonhart

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Quote from: palle11 on December 19, 2021, 02:11:24 AM

it is good for us to balance our trade by not only relying on technical but also using fundamental analysis by following the project team.

Without fundamental analysis, you may finish off your trades in short term profitably with the help of technical analysis. But for long term trading then you need to check with both fundamental analysis and technical analysis so that you may catch the possible bottom and then you may hold for maximum profits until market starts to test another bottom.

Quote from: wxa7115 on December 18, 2021, 12:41:16 PM

most altcoins should instead be traded using fundamental analysis.

In my experiences, almost all alcoins are good only for short term trading which means just technical part is more than enough for me to gain some 10% to 15% profits in maximum one week of time.

palle11

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Activity: 2366

Merit: 332

Quote from: wxa7115 on December 18, 2021, 12:41:16 PM

Quote from: Slow death on December 13, 2021, 06:35:24 PM

no doubt that technical analysis is essential in this cryptocurrency market, but also due to the great manipulation that exists in this cryptocurrency market, not all altcoins will be able to make a profit by doing technical analysis, this pump and dump scheme and any news influencing the market immediately makes technical analysis inefficient in this market

Technical analysis despite its predictive nature has some limitations and probably the most important is the one you are mentioning.

A market or an asset that has a limited volume can be manipulated at will by someone with a large enough position in it, this means that it will be impossible for someone using technical analysis to predict what it is going to happen next as the move will come out of nowhere, as such technical analysis is not really suited for those markets, which means that most altcoins should instead be traded using fundamental analysis.

Because the market is made of both news too so we don't need to rely only on technical analysis alone. The price rice and also fall if that is what we call manipulation but I see that as volatility. However we need to follow the projects that we are trading through their social media like especially telegram and with that you know the plans there. Sometimes telegram followers know that the coin will pump either that there is a new positive development like new listing (and that is news or fundamental) and that will definitely increase the volume of the coin. So it is good for us to balance our trade by not only relying on technical but also using fundamental analysis by following the project team.

wxa7115

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Bitcoin is GOD

Quote from: Slow death on December 13, 2021, 06:35:24 PM

no doubt that technical analysis is essential in this cryptocurrency market, but also due to the great manipulation that exists in this cryptocurrency market, not all altcoins will be able to make a profit by doing technical analysis, this pump and dump scheme and any news influencing the market immediately makes technical analysis inefficient in this market

Technical analysis despite its predictive nature has some limitations and probably the most important is the one you are mentioning.

A market or an asset that has a limited volume can be manipulated at will by someone with a large enough position in it, this means that it will be impossible for someone using technical analysis to predict what it is going to happen next as the move will come out of nowhere, as such technical analysis is not really suited for those markets, which means that most altcoins should instead be traded using fundamental analysis.

aquafinewater

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Technical analysis is the key to analysis any coin if we know this correctly then we can easily find any coin next movement like what's coin support and what's resistance we can easily learn this from YouTube or follow someone experience man which guide us.

carlfebz2

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Quote from: nelson4lov on December 16, 2021, 04:38:12 PM

Quote from: MIner1448 on December 07, 2021, 05:56:08 AM

Books are very good. But not all books are written by real successful traders, most of them are written by ordinary people who wanted to make money on it. The path of a normal real trader is through practice on the stock exchanges, but of course with minimal knowledge of the theoretical part.

Books are pretty good resources to let just about anything including trading but getting the right content will go a long way. Videos too — even though not all of them are either certified or profitable. That's why it is important to carefully curate and select materials for learning technical analysis. I'm not so sure of using stocks but it shouldn't ve much of a problem as people even use forex experience to trade/learn crypto markets.

Books are somewhat already irrelevant nowadays yet most of information that we are needing is already available through online which means you could learn up on various sources as long you do know to search up even with those just basics and the rest could be seen on Youtube.
ITs not really needed for you to search up for profitable ones.Stick with basics and the fundamentals of overall trades.

The rest of learning would really be acquired through experience and thats why you should know on how to handle up yourself
and learning on various sources.

nelson4lov

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Top Crypto Casino

Quote from: MIner1448 on December 07, 2021, 05:56:08 AM

Books are very good. But not all books are written by real successful traders, most of them are written by ordinary people who wanted to make money on it. The path of a normal real trader is through practice on the stock exchanges, but of course with minimal knowledge of the theoretical part.

Books are pretty good resources to let just about anything including trading but getting the right content will go a long way. Videos too — even though not all of them are either certified or profitable. That's why it is important to carefully curate and select materials for learning technical analysis. I'm not so sure of using stocks but it shouldn't ve much of a problem as people even use forex experience to trade/learn crypto markets.

Johnyz

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Quote from: pgbit on December 16, 2021, 10:07:39 AM

Technical analysis plays a very important role in Trading. in technical analysis you will know how the market will go means will market will go up or down. With technical analysis, you can get a good profit

TA really works even if its not 100% accurate, this is the rules that traders has been following since then so skipping TA wont make you a successful trader because for sure you are just depending on a hype and fud. TA might not easy to learn but the moment you learn the basic things, I’m confident that you can be more effective and profitable in trading once you master it.

Topic: TECHNICAL ANALYSIS (Read 359 times)