Topic: Technical analysis won't help you find the next 100x (Read 387 times)
Of course, any coin shoots through 100x doesn't thanks to technical analysis alone but well accumulated of various aspects (with technical analysis just a part in it) in a long time to get to the point of 100x than it used to be.
TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next. For that you should be looking at macro indicators to get ahead of the news. But y'all aren't ready to have that conversation.
TA is really good for normal stock markets but in crypto, TA doesn't help that much in my experience so far the maximum number of trades I closed in profit are because of FA. FA are really good for alt markets IMO.
Technical Analysis is helpful BUT its the latter part of the subject which is not quite right since its really hard for Alternate Coins to achieve a 100x increase in the current situation. Technical Analysis of different platforms would really help us get knowledgeable about different kind of platforms that might have a similar bounty in the future. Although it is possible that even without studying anything, Coins would have a sudden increase of 100x and we should just be aware of that if that happens.
TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next. For that you should be looking at macro indicators to get ahead of the news. But y'all aren't ready to have that conversation.
It's true.
Technical analysis can be useful for measuring the direction of the market over longer scales, but it wont help when something has just burst onto the scene and is going bonkers.
I think far too many spend their on working on their TA, when they should actually be spending that time scouting for hidden gems that haven't hit exchanges yet, and are about to pop when they do.
Fundamental analysis is the way forward, combine this with industry contacts, and you've got a recipe for grabbing all the best tokens before anyone else even knows they exist.
TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next. For that you should be looking at macro indicators to get ahead of the news. But y'all aren't ready to have that conversation.
TA is really good for normal stock markets but in crypto, TA doesn't help that much in my experience so far the maximum number of trades I closed in profit are because of FA. FA are really good for alt markets IMO.
TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next. For that you should be looking at macro indicators to get ahead of the news. But y'all aren't ready to have that conversation.
Absolutely, but if you are good at technical analysis and reading charts and price action then you can find the longterm support on weekly or monthly charts and then patiently hold it till multiple gains, Just take profits when the profit is enough for you there will be more opportunities to enter later. 
Technical analysis help you to manage the risk strategy. The best traders are working with potential risks versus possible returns. So if you are good in technical analysis, you reduce the risk and maximize your profit. That is the true power of trading. 
If you think that technical analysis will you so much facing the market's volatility you're probably be dreaming. Technical analysis won't work on decentralized network, who could have known my move? your move? whales move? and how will they move if they are so predictable? and a 100x, you'll just get this on leverage trading which is a very risky trade mode. Do your own analysis of the market, don't rely to someones prediction it would be futile for your own good if you base your decision on others. Know when to ride, don't just follow, make your own waves!
Without inside information, I think it will not be possible to catch x100, and no indicators will help here, only inside.
If you want to get the next 30, 50 or 100x, then your best bet is to invest during the private sale round.
To do this, you'll usually need contacts to the project and a significant sum to invest (usually around $10k+).
You'll also need to sift through potentially hundreds of trash projects to find the one that has the chance of really popping off.
To do this, you'll usually need contacts to the project and a significant sum to invest (usually around $10k+).
You'll also need to sift through potentially hundreds of trash projects to find the one that has the chance of really popping off.
TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next. For that you should be looking at macro indicators to get ahead of the news. But y'all aren't ready to have that conversation.
In this I agree with you, with the help of technical analysis, you can of course calculate the exit point with a large profit on the long term, but it does not guarantee that the price will come to this point. Since this analysis is based on the chart history. Therefore, in addition to technical analysis, you need to use fundamental analysis and so on. Recently, the news background plays a big role in price formation.
TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next. For that you should be looking at macro indicators to get ahead of the news. But y'all aren't ready to have that conversation.
Any top altcoins can offer you 100 percent profits. If you are patient enough to wait for the big announcement of top coins. I was surprised when Vechain pumps in a short time. That's why choose all the top altcoins, or wait for a big announcement. Very effective if you can apply technical analysis for the fresh altcoins. No technical analysis, only a big partnership can help you to the next 100x.
That 100x is just a matter of time, maybe you need to wait 25 years though. TA is just as good as indicators, they indicate something, it´s not a prove. If you want 100 you should bet on horse races or go in a casino.
You cant predict correctly with 1 coin. But if there are 10 coins to invest, you will have a higher possibility to x100. Split your capital into 10 fragments, make a full analysis on 100 coins, or even 200 coins, I can assure you that you can x10 your capital. You can get rich fast and in a easy way. If getting rich is that easy, everyone will have a bunch of money without being industrious.
Be a smart investor and some day, you might be well awarded. Putting your money mindlessly into a nonsense will make yourself at risk. And the most important things in this financial playground is money management. You cant become rich if you lose all of your money with just a shot
Be a smart investor and some day, you might be well awarded. Putting your money mindlessly into a nonsense will make yourself at risk. And the most important things in this financial playground is money management. You cant become rich if you lose all of your money with just a shot
TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next. For that you should be looking at macro indicators to get ahead of the news. But y'all aren't ready to have that conversation.
Please Mr. Tell us more about that, I am ready to be reached about how to find the coin that is going to have a 100x in it's price. I bet whatever you are going to teach us is gonna be mind opening and I am ready to learn it as well. Analysis only helps you to make profit in the short term. To be able to profit 50-100 times, you first need to hold it in the long term. Then you need to be patient and wait, in addition there will not be so many altcoins in this market, depending on your luck.
Crypto market is the one in which the prices move pretty fast i.e. it is highly volatile and for sure if you are going to hold an altcoin for long term then the chances of you becoming a millionaire are close to nil, rather you should make it there by the means of trading coins and not just holding your coins, as after 1 year or less most coins loose their entire market cap and go to zero. Technical analysis is good for newbies who are new to crypto but 100x on a coin? That's something you shouldn't pursue as a trader, you will end up hurt yourself, do not hope for such gains and make sure you spend time learning, be satisfied with what you making
Not only traders, some investors hope for a coin that will do 100x so they may probably want to use the service technical analysis to determine which coin can achieve that, TA may be able to give a hint but to achieve that target is base on the project itself and the demand by people, the higher the demand, the higher the price.
Analysis only helps you to make profit in the short term. To be able to profit 50-100 times, you first need to hold it in the long term. Then you need to be patient and wait, in addition there will not be so many altcoins in this market, depending on your luck.
Technical analysis also helps in long-term investments, but you cannot rely only on technical analysis. fundamental analysis is just as important and needs to be constantly updated based on price movements For that you should be looking at macro indicators to get ahead of the news.
Hello, I am not sound in TA, but I am wondering if Macro indicators can predict the coin that will give 100X, I really doubt this, I thought such either come through Hyip or strong FA coupled with the strong team and a dedicated community. I am waiting to read more on this.
Analysis only helps you to make profit in the short term. To be able to profit 50-100 times, you first need to hold it in the long term. Then you need to be patient and wait, in addition there will not be so many altcoins in this market, depending on your luck.
I think that in cryptocurrency only fundamental analysis or insider information can tell which coin will fly to the moon. technical analysis can only work on very large coins from the top 50
The insider will never tell you about that. The fundamental is also projecting the future of crypto and it will not help you find another golden gem again. What you need to do to join into the promising ico but it will also not bring you 50x instantly too. Jump to: