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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: bitfolio_dot_io on July 20, 2020, 05:21:02 PM



Title: Technical analysis won't help you find the next 100x
Post by: bitfolio_dot_io on July 20, 2020, 05:21:02 PM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: batang_bitcoin on July 20, 2020, 05:30:53 PM
Though it's true that it wouldn't show which coins will go to the moon TAs are helpful for the day traders that usually rely on it. I'm not a good TA guy but sometimes I follow someone's TA and if I find it to be believable and possible, why not give it a try?
Why not give your complete thought about it? there are many good technical analysts here who could read what you're about to say and they can give you a feedback and say about your thoughts.


Title: Re: Technical analysis won't help you find the next 100x
Post by: bitfolio_dot_io on July 20, 2020, 05:39:27 PM
I agree, it definitely can be useful. I think part of the problem is the sheer volume of technical analysts out there, and how basically any conclusion can be supported by drawing the right lines. And since each one is fighting for a limited attention pool, they all predict 100x coins with far more frequency than they actually happen.


Title: Re: Technical analysis won't help you find the next 100x
Post by: ryzaadit on July 20, 2020, 06:24:21 PM
If you referring to the new coin for next 100x of course you will cant predicted by Technical Analysis since the problem on the volume of trading that's coins. It's should be Fundamental Analysis when you speculate by seeing a different aspect from the project, news, development, and rumor.

How TA will work if the coins have a big spread + the coins still not on the exchange, that's why we have FA.


Title: Re: Technical analysis won't help you find the next 100x
Post by: disconnectme on July 20, 2020, 06:32:20 PM
This is true, technical analysis has its limitation. This why fundamental analysis can't be under estimated, I have seen some post calling DEFI the new big thing in the space for some time now and those that invested early by now are in big profit because most of these DEFI tokens have dome nothing less than 5x on average, Lend has done 100X already


Title: Re: Technical analysis won't help you find the next 100x
Post by: Festac on July 20, 2020, 06:39:19 PM
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'd rather hoped for another altcoin bullrun season than using technical analysis to find the next coin that will do 100x, it's like digging an early grave, I've studied many crypto predictions in 2018 and almost all failed to come true


Title: Re: Technical analysis won't help you find the next 100x
Post by: ampere on July 20, 2020, 07:59:29 PM
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.

Well, you are right about Technical Analysis, but still it does not mean that understanding and perfecting Technical Analysis has no importance of its own.  A good knowledge of TA and Fundamental Analysis will definitely help you to become a even better trader; i believe as a trader; you cannot dismiss any form of analysis


Title: Re: Technical analysis won't help you find the next 100x
Post by: davinchi on July 20, 2020, 09:44:03 PM
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.
Yeah but making it up wouldn't neither, you have to do something because that what people believe in. You have to research, you have to TA, you have to talk, you have to read and whatever you "have to" do. However in reality whatever you do, that will not be available for you in the end, you are not going to just find a method that works and allows you to find 100x stuff because if there was a method, everyone would do it but there is none.

So, we are going to not see any method that works. This definitely includes technical analysis as well, when I mean "nothing" works when we are talking about finding 100x, I mean actually nothing, not even TA or anything else. This means we are not going to find it by doing anything, we just find it by luck and that's it.


Title: Re: Technical analysis won't help you find the next 100x
Post by: Yamifoud on July 20, 2020, 09:54:57 PM
TA never works perfectly and not it all good to be true. And why I'd never use TA in trading and in finding good altcoins? It is because these TA can't just tell what will happen next. It never gives an influence on the market price and not a thing to help a certain coin to move high even if someone having that good prediction.

Nothing could help you to find the next one to be the moon, 100x? It is something we need to dig them all, but a lot of works and time to spend. That is why I'd never say we have to do it because, in the first place, we can never find such a coin to move the way. Better to consider coin/s that have a huge market volume and it possibly will grow in a moment when the time has come.


Title: Re: Technical analysis won't help you find the next 100x
Post by: target on July 20, 2020, 10:03:41 PM

What about them trading every hour with the leverage of 100x?  If they are really good at TA, they may be able to win 70-80% of thier trades I think its still worth and profit 100x too. The platforms today are allowing 100 leverage. You won't even need the bullrun to profit anymore, you just need to learn where the market goes but these are for those who are good at it.


Title: Re: Technical analysis won't help you find the next 100x
Post by: Jating on July 20, 2020, 10:36:11 PM
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.

Technical analysis is not perfect, we already know that, and it obviously can't predict a 100x unless you have a big data to look at and predict. Why are you saying that we are not ready fo macro indicators though? Why not spill the beans here and tell us something so that we can discussed?

Going back to 100x coins, maybe if we hit another altcoin bull run we might see some small cap coins getting pump just last the last big bull run we have late 2017 and early 2018. Technical indicators are just guide, in my opinion, it can help you but not 100% accurate.


Title: Re: Technical analysis won't help you find the next 100x
Post by: Twinkledoe on July 20, 2020, 10:42:54 PM
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.

Technical analysis is not perfect, we already know that, and it obviously can't predict a 100x unless you have a big data to look at and predict. Why are you saying that we are not ready fo macro indicators though? Why not spill the beans here and tell us something so that we can discussed?

Going back to 100x coins, maybe if we hit another altcoin bull run we might see some small cap coins getting pump just last the last big bull run we have late 2017 and early 2018. Technical indicators are just guide, in my opinion, it can help you but not 100% accurate.

TAs mostly don't work when it comes to alts or tokens. But having that knowledge is a big plus in understanding the market. A lot of alts can't be predicted with TAs because their fate sometimes is already sealed by their respective developers especially those pump and dump coins. So if you are an investor, you should know how to spot those valuable coins and discard the trash ones.


Title: Re: Technical analysis won't help you find the next 100x
Post by: coinswebid on July 20, 2020, 11:00:49 PM
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.

maybe you are right, but for me its better to trade with technical analysis mate because as you said above we know when to enter and exit the market in the right time,, and i just want to make a consistent profit not a huge profit in short period time,,
remember the basic rule in our trading activity - Din't be greedy -


Title: Re: Technical analysis won't help you find the next 100x
Post by: Pffrt on July 20, 2020, 11:04:12 PM
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  :D Also, I don't see any reason to a shitcoin reaching 100x anymore like 2017. 2017 was the old noob year.


Title: Re: Technical analysis won't help you find the next 100x
Post by: aprilnot on July 20, 2020, 11:18:32 PM
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


Title: Re: Technical analysis won't help you find the next 100x
Post by: Rengga Jati on July 20, 2020, 11:22:41 PM
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


Title: Re: Technical analysis won't help you find the next 100x
Post by: AmoreJaz on July 20, 2020, 11:28:44 PM
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


Title: Re: Technical analysis won't help you find the next 100x
Post by: serjent05 on July 20, 2020, 11:34:49 PM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: LbtalkL on July 20, 2020, 11:40:47 PM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: KnightElite on July 21, 2020, 01:02:57 AM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: jcpone on July 21, 2020, 02:06:34 AM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: maxreish on July 21, 2020, 06:11:58 AM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: joshua123 on July 21, 2020, 06:44:40 AM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: Aaroenz0r on July 21, 2020, 06:58:44 AM
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!


Title: Re: Technical analysis won't help you find the next 100x
Post by: sfireman on July 21, 2020, 09:38:39 AM
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.
I agree! However, TA not only gives a "bit" help, but it is critical in analyzing the market. Doing technical analysis is one of the most important steps in order to make a decision for trading or investing. I don't understand why a lot of people don't take it seriously. Besides, finding 100x potential project is almost impossible right now. In my opinion, there is no particular way for you to find it for sure! Then don't blame TA for not helping you find your dream coin!


Title: Re: Technical analysis won't help you find the next 100x
Post by: Thomas-s on July 21, 2020, 09:47:48 AM
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


Title: Re: Technical analysis won't help you find the next 100x
Post by: SyndicateLabs on July 21, 2020, 09:51:53 AM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: RabbiTANK on July 21, 2020, 09:56:52 AM
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


Title: Re: Technical analysis won't help you find the next 100x
Post by: LogitechMouse on July 21, 2020, 10:10:48 AM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: ethereumhunter on July 21, 2020, 12:53:30 PM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: crzy on July 21, 2020, 01:14:57 PM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: Mighty_crypt on July 21, 2020, 01:19:27 PM
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


Title: Re: Technical analysis won't help you find the next 100x
Post by: isaac_clarke22 on July 21, 2020, 01:23:20 PM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: Pasutinmeur on July 21, 2020, 02:44:20 PM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: Zazzu on July 21, 2020, 03:28:41 PM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: Leonardo7 on July 21, 2020, 03:36:55 PM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: Metall303 on July 21, 2020, 03:54:55 PM
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


Title: Re: Technical analysis won't help you find the next 100x
Post by: nicecrypto on July 21, 2020, 04:08:53 PM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: lumeire on July 21, 2020, 04:10:50 PM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: concept2 on July 21, 2020, 04:37:33 PM
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


Title: Re: Technical analysis won't help you find the next 100x
Post by: DoubleEdgeEX on July 21, 2020, 05:08:25 PM
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, itīs not a prove. If you want 100 you should bet on horse races or go in a casino.


Title: Re: Technical analysis won't help you find the next 100x
Post by: jajorforce on July 21, 2020, 06:04:23 PM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: coolon on July 21, 2020, 06:23:50 PM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: rexxarofmoknathal on July 21, 2020, 08:20:43 PM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: shakesbear on July 21, 2020, 08:36:58 PM
Without inside information, I think it will not be possible to catch x100, and no indicators will help here, only inside.


Title: Re: Technical analysis won't help you find the next 100x
Post by: Twentyonepaylots on July 21, 2020, 09:04:55 PM
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!


Title: Re: Technical analysis won't help you find the next 100x
Post by: sorrros on July 21, 2020, 09:07:05 PM
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.  :)


Title: Re: Technical analysis won't help you find the next 100x
Post by: Zeehaxan on July 21, 2020, 09:09:02 PM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: foxy on July 22, 2020, 08:22:20 AM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: DarkDays on July 24, 2020, 01:54:14 PM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: mezzaluna on July 24, 2020, 02:27:36 PM
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.


Title: Re: Technical analysis won't help you find the next 100x
Post by: TopT3ns on July 24, 2020, 02:31:37 PM
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.
well, I totally agree with what you said because cryptocurrency price movements can never be influenced only by TA, cryptocurrency prices will only be able to move when there is high demand, meaning there is interaction between buyers and sellers at the exchange with more people buying bitcoin can be a very good step so that the price of cryptocurrency can go up.