Back in my day trading, I tried to get hang of it specifically with the help of those tools like Bollinger band that I learned from a tutorial.
To be honest, it never even gave me a positive net.
It is still up to the trader sometimes and people shouldn't trust their profits to a piece of code or technology.
It is still up to your own experience/learnings/rationality.
Topic: Technical analysis won't help you find the next 100x - page 2. (Read 378 times)
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
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.
I'm not using TA for this purpose because I know 100x pump is just a hype and soon will fade out. I used TA to know my entry and exit point, even if I made small profit on this I'm still happy because TA really works. News can be manipulated as well, so I don't depend on that alone. If you're a trader then TA is still advisable. Stop looking for a 100x pump, just look at the current price and see its future trend using TA but never exaggerate your prediction.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I admitted that finding the next 100x is not easy, and I think that the technical analysis will hard to find that coin because the market won't tell which coin can increase. We can only analyze one by one for the altcoin at the market so we can find the coin, but that will not guarantee to get the coin, which can increase 100x. But I think that is about the luck factor that can help us get the coin and get the next 100x.
Technical analysis for me is just good for those position TRADERS and day to day traders and not recommendable to use if you want to find a next 100x.
TA has been used even cryptocurrency isn't been created. If TA is applicable in finding a next 100x then they must know from the start that Bitcoin will grow 100x. Nobody expected it from the start and that's the fact and same goes with ETH and other altcoins right now.
For me, there is no way or no analysis/indicator that can possibly tell which altcoin will be the next 100x.
TA has been used even cryptocurrency isn't been created. If TA is applicable in finding a next 100x then they must know from the start that Bitcoin will grow 100x. Nobody expected it from the start and that's the fact and same goes with ETH and other altcoins right now.
For me, there is no way or no analysis/indicator that can possibly tell which altcoin will be the next 100x.
Following analysts for predictions won't earn you anything, you pushed aside knowledge and seek for a master to follow, that's what analysts are to me, be a master of yourself and figure out why a project is better than other, this will eat away time but it will worth it in the end
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
If with that information and altcoin going to the moon, a lot of people have become billionaires in this market. There are many factors that can help prices go up, and one of the most important ones is investors. 
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
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 some other way TA could give actually a bit help for each traders, and 100x profit at this of time will be hard to find as well.
unless if this year is 2017 where bull run happened to most of the altcoins in the market. Just like what happened to ETH, Xem,
Dgb, and more something like that.
We can predict if it will gonna go bull run or bear but will not probably see of it will pump 100x. TA's are helpful to analyze future price movements and I don't really understand why do wr have to find that 100x. Isn't we just good if it will go bull at this target price or not?
As long as we tend to gain profits by the use of technical analysis, whether it will go 2x, 10, 20x as long as we get some gains then we are good.
Not yet familiar with macro indicators but if it's beneficial to my trades then I am willing to learn that kind of indicator.
That's so true lol! Finding the next coins which will 100x is impossible and why do we have to do that anyway? Is that too greedy? As a trader, I consider technical analysis seriously because it can partly give us the hints about what the market gonna be. It's wrong to say TA's aren't helpful. TA is like a calculator in a Math class, it can't give you the answer, but help you find the right one! Therefore, traders, please learn how to do it! As long as we tend to gain profits by the use of technical analysis, whether it will go 2x, 10, 20x as long as we get some gains then we are good.
Not yet familiar with macro indicators but if it's beneficial to my trades then I am willing to learn that kind of indicator.
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.
You mean doing trading charts is a waste of time? Sometime it help but I agree that we must look on the token value and its potential on a large scale. Entry point is the hardest one to find and locating a bottom price would be tough skill for everyone.Like for example sxp token or swipe, nobody know it could go 4x in just few days. I think TA cant explain this via chart reference. Only hype and possible fomoing makes it to that level, in addition that it is CZ allied project.
We can predict if it will gonna go bull run or bear but will not probably see of it will pump 100x. TA's are helpful to analyze future price movements and I don't really understand why do wr have to find that 100x. Isn't we just good if it will go bull at this target price or not?
As long as we tend to gain profits by the use of technical analysis, whether it will go 2x, 10, 20x as long as we get some gains then we are good.
Not yet familiar with macro indicators but if it's beneficial to my trades then I am willing to learn that kind of indicator.
As long as we tend to gain profits by the use of technical analysis, whether it will go 2x, 10, 20x as long as we get some gains then we are good.
Not yet familiar with macro indicators but if it's beneficial to my trades then I am willing to learn that kind of indicator.
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 some other way TA could give actually a bit help for each traders, and 100x profit at this of time will be hard to find as well.
unless if this year is 2017 where bull run happened to most of the altcoins in the market. Just like what happened to ETH, Xem,
Dgb, and more something like that.
The goal of the TA is to have an idea or predict on when or where the price will go and not to find the next altcoin that will bubble. I think there is a misunderstanding because many people do not see the importance of the TA. For those investor and trader, technical analysis is important because it can give us raw data that we can use in order to handle the risks in the market.
Well, x100 is very rare to happen now but those TA will help at least than doing nothing right, sometimes news and updates can trigger that too, we really don't know. For now, 100% is more reacheable which are equivalent to x2, As I have observe most IEO on binance are getting x2 or more after listing which is great but not always.
TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next.
I fully agree, even with the belief that it gives us hint on entry and exit points, TA is not 100% accurate, many Technical analyst predictions had been shamed by the cryptocurrency market movement. Possibly fundamental knowledge /analysis on the projects can give a hint on the next 100x since it tackles the very foundation and future growth of the target market.
TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next.
Well, yeah, it may be true. We cannot determine what coins will moon next by using one indicator or this kind of analysis. Let's see what the technical analysis is:Quote
Technical analysis is the study of statistical trends, collected from historical price and volume data, to identify opportunities for trade. Technical analysts observe patterns of price movements, trading signal and other analytical tools to evaluate the strength and weakness of an asset.
From this, we can see what is the aim of the technical analysis. This is one of ways that can help us to analyze the market in order to know the movement of the crypto. With this analysis, we can decide what we will do next, whether selling or buying the crypto in certain period. It is also to know the movement of uptrend, downtrend, and also sideways. Once more, this analysis is to analyze and research the market movement whether the analysis is true or not, exact or not, it will also depend on how you make the analysis. Sometimes, the analysis will work in someone to get profits for trading. However, sometimes, it will not work on other people. t may also be caused by the systems and also other indicators that are used. but in most cases, TAs dont work in most alts. the reason being - when the devs decided to stop their developments and move on. how can you apply your TA knowledge for a coin that is doing good for quite sometime and suddenly abandoned by the team?
this is the problem here in crypto. as the fate of most projects relies on the dev team managing it, you have no way of knowing their final motives for the project
TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next.
Well, yeah, it may be true. We cannot determine what coins will moon next by using one indicator or this kind of analysis. Let's see what the technical analysis is:Quote
Technical analysis is the study of statistical trends, collected from historical price and volume data, to identify opportunities for trade. Technical analysts observe patterns of price movements, trading signal and other analytical tools to evaluate the strength and weakness of an asset.
From this, we can see what is the aim of the technical analysis. This is one of ways that can help us to analyze the market in order to know the movement of the crypto. With this analysis, we can decide what we will do next, whether selling or buying the crypto in certain period. It is also to know the movement of uptrend, downtrend, and also sideways. Once more, this analysis is to analyze and research the market movement whether the analysis is true or not, exact or not, it will also depend on how you make the analysis. Sometimes, the analysis will work in someone to get profits for trading. However, sometimes, it will not work on other people. t may also be caused by the systems and also other indicators that are used. Source:
https://swissborg.com/blog/how-to-apply-technical-analysis-to-cryptocurrencies
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 not everything, but TA can give us an idea of loss and profit. I don't care about coins going to the moon. because there won't be a coin like that again in the current era. if there is an indicator that can give an idea of which coins are going to the moon, I think that is mere gibberish. after the fall a few years ago, people have started to grow up in investing. so there will be no more cases of panic buy or sell in the future. so it's hard to find coins that are going to the moon. because when a coin has gone up a few percent people will stop buying
TA only works on short term indication and most of the times, TA doesn't work for most altcoins. It works for only altcoins which are here for some years. To find out next 100x, there's no indicator but to have the bull run 
Also, I don't see any reason to a shitcoin reaching 100x anymore like 2017. 2017 was the old noob year.
Also, I don't see any reason to a shitcoin reaching 100x anymore like 2017. 2017 was the old noob year. Jump to: