Experts are failed to predict bitcoin value in this current bearish trend
It doesn't meaning the scenario is affect of many reasons manipulation or fake news and anything
I think i think bitcoin price not came from speculation and technical analysis
Bitcoin move itself as volatile currency
Topic: The Analysis Technique is Not Working Anymore? (Read 631 times)
We will have recovery for sure, but we won't be mooning soon! A lot of people lost faith in crypto, and it got bad reputation on all mainstream media. I think we will recover first and than have to wait for some hype, maybe bakkt, bat that is delayed. After that maybe, and maybe after the btc halving, but not in near future for sure...
This is all down to the massive panic in the market. Technical analysis for market movements at this point in time is totally unreliable and could cause you a lot of money. The FUD is real and its only going to get worst before it gets better. At the moment, the only advice will be to pick up some really good coins and just hold until things begin to move upward again.
the results of the analysis are only predictions, not 100% correct, we actually have intuition to feel. and use that feeling to claim which analysis data is the most correct
I think now when the market is falling these analysis techniques aren't working as good as on usual market. My view is that only fundamental options can affect on the market.
you do not need to listen to analysts, it has already been proved that it is impossible to analyze, I have come across this many times, so I do not pay attention to it and continue to work in promising projects. Here is an example of #swachhcoin. The project will pay people for their trash. At the moment, the bonus is 25%, you can buy coins by the end of October. I advise you to see the project.
If it is only viewed from the opinions of others and would you call it then you are wrong. It is merely a prediction only and is not necessarily true. technical analysis is how to read graphs and charts that are there and it's not easy. even before that for a greater emphasis to fundamental analysis prior to the beginning and to take a decision.
Many predictions are not in line with expectations. Better in the current situation, we must try to invest to make a profit. Some of the best coins are very low and you can buy them. If we look at the sales charts, the price of coins will definitely rise again.
With the market condition of cyrptocurrency, even a prediction created by the most expert in crypto, it won't guaranty a match in the prediction.
That is because cryptocurrency market is highly possible for market manipulation.
That is because cryptocurrency market is highly possible for market manipulation.
a lot of people are saying the analysis was simply a form of speculation only. everyone can do that but will either be a reality or not. which is better is how to survive and produce in the crypto conditions at this time. Don't be easily influenced by the article that it's not even true.
I think all work very good. But there are a lot of options like skills and interest of analyst and also fundamental news and manipulations have an influence to the cryptocurrency market.
Technical analysis cannot give a definite answer, the market speculation only based on charts and factors that influence the market.
market prices are difficult to predict, in general, the market will be bull, but we never know the exact time it happened.
They are trading based on the emotional right now. I don't even see any traders that use TA because that will not work when you meet the panic market. Their emotional being controlled by FUDders. market prices are difficult to predict, in general, the market will be bull, but we never know the exact time it happened.
This was happen in so many times and they are still not yet learning from their past experience about this trend.
Technical analysis cannot give a definite answer, the market speculation only based on charts and factors that influence the market.
market prices are difficult to predict, in general, the market will be bull, but we never know the exact time it happened.
market prices are difficult to predict, in general, the market will be bull, but we never know the exact time it happened.
if a bearish run has occurred, it will be very difficult to predict how long it can stop, any candle in any timeframe will not make a good pattern to buy. moreover what happens is almost all of the coins, it would be better if it did not fight the trend, because later it would be in vain. just wait until the trend down stops
TA is a load of shit. Always has been, always will be. If it helps you get through the day then great.
I saw no one predict the top accurately. I certainly saw no one nominate the timing of this particular meltdown either.
I saw no one predict the top accurately. I certainly saw no one nominate the timing of this particular meltdown either.
There were people who were quite good. I saw a chart on tradingview of a guy who posted said that we'd hit 4000 dollars 6 months before it actually happened. The only part where he was wrong was that he thought it to happen in September, but it was still pretty accurate. TA usually doesn't work. It's a way for people to make others think that they can predict something. They pick a most probable scenario and if it doesn't go their way they make another one. If it goes their way they brag about it everywhere. THat's all there is to it.
Basically the analysis techniques is always function correctly, but you also have to look at fundamentals because they cannot be separated. As most members say here, market manipulation can also be a major factor why Bitcoin prices continue to fall, so don't ever assume the analysis technique doesn't work anymore
of course the analysis is good, but it is more good when it can be applied in the work and it also helps a lot at the same time.
Technical analysis is useless if you will see the obvious damage of this crypto market. For the reason of different kind of loss , due of lack of experience and knowledge is the main thing why many of us failed on investment and etc.
The best thing to do is to be more careful than before, also mark those names and account who has a bad back ground. Stick on trusted groups specially on telegram and many more. For this, the scam group will be lessen and the loss will lessen too.
The best thing to do is to be more careful than before, also mark those names and account who has a bad back ground. Stick on trusted groups specially on telegram and many more. For this, the scam group will be lessen and the loss will lessen too.
I just read a few articles on a website, some expert traders say if bitcoin has oversold and other even say if reversal candle has appeared, meaning that bitcoin will soon to the moon. But the fact is that until now the price of bitcoin continues to decline and even tends to be stable, does the analysis technique is not working anymore or this is only a fake statement to make fud?
give your comments below!
It is still working, but the outcome depends on how you interpreted and utilize it. You do not use technical analysis directly. When you have such at your disposal, you also need to look into the market, instead of using it raw, make your own deduction,compare the two and utilize it to your advantage. give your comments below!
I just read a few articles on a website, some expert traders say if bitcoin has oversold and other even say if reversal candle has appeared, meaning that bitcoin will soon to the moon. But the fact is that until now the price of bitcoin continues to decline and even tends to be stable, does the analysis technique is not working anymore or this is only a fake statement to make fud?
give your comments below!
give your comments below!
Analyst and expert predictions are base previous trend and not on actual so it's not a 100% probable that this can be happen next like of what's happening of the market , so if you listen to prediction please do not follow their suggest to avoid big loses .
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