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Sideways trends have proved that technical analysis doesn't always mean anything.
About a month ago we hit 30k, and TA is constantly predicting a breakout up or down, usually up, but instead the market crabs sideways, something only a few people predicted, and most of them didn't use technical analysis to figure it out.
TA is such a pointless endeavor in a market that is so controlled and consultant référencement Paris volatile by the current BTC price action, especially if it is dependent upon the behavior of whales.
What do you think about it?
It is better to amend the topic to “What are the things that make beginners lose a lot”About a month ago we hit 30k, and TA is constantly predicting a breakout up or down, usually up, but instead the market crabs sideways, something only a few people predicted, and most of them didn't use technical analysis to figure it out.
TA is such a pointless endeavor in a market that is so controlled and consultant référencement Paris volatile by the current BTC price action, especially if it is dependent upon the behavior of whales.
What do you think about it?
