Technical Analysis and Indicators | Bitcointalksearch.org

Just Developer

newbie

Activity: 21

Merit: 0

Quote from: PokerFace3 on March 12, 2017, 03:54:14 AM

Quote from: Just Developer on March 09, 2017, 11:58:12 AM

Do you make technical analysis in trade transactions? Do you take advantage of the indicators?

Almost every trader will be into technical analysis for a profitable trading . Without technical analysis there will be no guarantee of profit making from trading so it is a mandatory one for a good trading experience. I'm suggesting to learn technical analysis so that you can enjoy the advantages of doing it.

Quote from: Just Developer on March 09, 2017, 11:58:12 AM

Is it worth the time you spend?

When it is mandatory, it is definitely worth the time. Just go for it and find it useful for making profits from your trades.

So do i use the Basic and Technical Analysis methods.
I trust in Mathematics and Statistics Science. I take enjoy in doing watching the markets with technical analysis methods. I even want to take this job a little further. I want to improve the methods of technical analysis using concepts like Big data, artificial intelligence. If you are a curious person, working in this way is really both enjoyable and exciting.

But it is possible to earn money without making technical analysis on the bitcoin market. Daily and weekly price volatility in Bitcoin markets is very high. It can be monetized simply by taking it at a lower price and selling it at a higher price. In this way it is possible to make money by spending less time without technical analysis.

Of course my preference is to trade using technical analysis methods. Because this way we can have more control over the market.

Snorek

legendary

Activity: 1400

Merit: 1001

Quote from: Just Developer on March 09, 2017, 11:58:12 AM

Do you make technical analysis in trade transactions? Do you take advantage of the indicators?
Is it worth the time you spend?

Technical indicators are mostly information noise. They are no suited to be used used in cryptocurrency trading IMO.
The more complicated is formula behind the indicator the less information you will get from it.
For example if we use the most common RSI (Relative Strength Index) you will need to use some kind of 'time' parameter.
This parameter is usually set to be '14 days'. What will happen next? You will get 14 days old lag of price and volume.

PokerFace3

hero member

Activity: 700

Merit: 500

Quote from: Just Developer on March 09, 2017, 11:58:12 AM

Do you make technical analysis in trade transactions? Do you take advantage of the indicators?

Almost every trader will be into technical analysis for a profitable trading . Without technical analysis there will be no guarantee of profit making from trading so it is a mandatory one for a good trading experience. I'm suggesting to learn technical analysis so that you can enjoy the advantages of doing it.

Quote from: Just Developer on March 09, 2017, 11:58:12 AM

Is it worth the time you spend?

When it is mandatory, it is definitely worth the time. Just go for it and find it useful for making profits from your trades.

tooley

newbie

Activity: 6

Merit: 0

In think it depend on the indicator because some are very good but a lot are not worth the time needed to learn them.

jhenfelipe

hero member

Activity: 1372

Merit: 647

I don't usually base my decision on the technical analysis though I'm checking it when it's new coin for me to try. I can say that it's helpful but still not to depend on always. Sometimes the result becomes different when you check the chart, it depends on the market if it's active or not imo. I just go with the flow and so far I'm doing well.

Rockie1234

sr. member

Activity: 476

Merit: 251

I think in the cryptocurrency world, technical analysis is much less important (compared to the traditional forex market). Firstly, exchanges give you many indicators such as moving averages (at a variety of customisable settings), bollinger bands etc. This means you don't even have to pay for charting software. Also, instead of stocks, we have altcoins, which have their own communities and aims/solutions, each unique in some way (at least the top ones). This means just by spending enough time on this forum you can learn, and so things like technical analysis only are a small part of decision-making in trading.

calkob

hero member

Activity: 1106

Merit: 521

Quote from: Just Developer on March 09, 2017, 11:58:12 AM

Do you make technical analysis in trade transactions? Do you take advantage of the indicators?
Is it worth the time you spend?

I dont personally have to much of an inkling on how to read the technical analysis in the charts but i follow a couple people on twitter and youtube who do, and very often they are right, check out Tone Vays.

fkod

sr. member

Activity: 594

Merit: 252

Most of technical analyse indicators such as moving averages, rsi, stoch, gives the best result with a lot of voluminous, liquid, deep markets.

It is very misleading low volume coins. Do not gives reliable result.

Idrisu

sr. member

Activity: 924

Merit: 260

Quote from: Just Developer on March 09, 2017, 11:58:12 AM

Do you make technical analysis in trade transactions? Do you take advantage of the indicators?
Is it worth the time you spend?

I don't depend on technical analysis alone in make trading decision when I was trading forex. If you want to succeed in trading spend 70% of your time on issues that move the currencies price and 30% on technical analysis. Depend in technical analysis indicators alone will fail you.

gribble

hero member

Activity: 966

Merit: 552

Quote from: Just Developer on March 09, 2017, 11:58:12 AM

Do you make technical analysis in trade transactions? Do you take advantage of the indicators?
Is it worth the time you spend?

Of course yes, I used analysis technical in trading to made prediction of price,
almost all of traders use analysis technical for making prediction.
Analysis technical is good method on trading for getting profit from trading,
because usually movement of price always back with technical analysis we can know it.

JeffBrad12

hero member

Activity: 2954

Merit: 533

Leading Crypto Sports Betting & Casino Platform

Quote from: Just Developer on March 09, 2017, 11:58:12 AM

Do you make technical analysis in trade transactions? Do you take advantage of the indicators?
Is it worth the time you spend?

Yes i do, Because that's an important aspect. I always take an advantage from the indicator to make my analysis is having a high accuracy. And it is worth with my result if my analyzation become true in the future and i can make a lot from that.

avatar_kiyoshi

legendary

Activity: 1106

Merit: 1000

I think technical analysis is important although you have already good in fundamental analysis, with both analysis it's makes easier to get a profit.

Indicators is good but sometimes it's suck, not sure it's worth.
I think support and resistance zones is more worth.

yellow1

full member

Activity: 182

Merit: 100

Of course yes, you need Technical Analysis to make the right decision when doing trading. If you are profiting and getting good gains after investing time doing analysis then I would say yes its worth your time. Of course in the beginning it would be difficult because you have to learn a lot of information but at the end of the day you are gaining a lot experience and skills to make your move in trading to profit.

tifossi

hero member

Activity: 686

Merit: 500

Yes and yes

with good TA you can make easygoing profit. And on my opinion it's worth the time.

Just Developer

newbie

Activity: 21

Merit: 0

Do you make technical analysis in trade transactions? Do you take advantage of the indicators?
Is it worth the time you spend?

Topic: Technical Analysis and Indicators (Read 802 times)