I am think classic TA is not very useful. PriceAction+VSA is better
thats mentioned technical analisys too dude.that technical very usefull if understand about volume and combine it with price action.usually use trend line and candlestick pattern.
Yes, i agree with you.
I mean trend lines,MA,classic patterns like "head and shoulders" only- so popular instruments of TA for new traders but maybe it is not enough for successful trading system.
Of course, I understand that the trend line is very important for determining the trend.
I'm trying to apply the Wyckoff method (VSA) to the crypto currency market, because I understand the influence of big players on the market.
The market of crypto-currency is not big enough in comparison with stock market. VSA tells me what the big player is trying to do. And in what phase is the market now, in accumulation or distribution? Who are stronger-buyers or sellers?
Thanks for replying to my message. Good luck in trading