Does pure price action strategy (NO INDICATOR) work for cryptocurrency trading?

[sheenshane]

Do you think trading pure price action without indicator works on the crypto market?

It works perfectly as long as you can afford it

I tend to agree with this.
Pure price action with no indicators will work on traders as it is the basic strategy for traders and applicable for newbies or even to the pro traders only if they want to. Pro traders most of the time use a different approach but I'm pretty sure they have used this action for once.

Risk management sometimes is hard to handle for trading in cryptocurrency is always unpredictive and the pure price action would be your best tool to survive in crypto space whether a pro or a newbie but no one can still conclude on the event that may occur afterward and that makes us all hold in our luck only in IMO.

[deisik]

Finding out that entry point and exit point is the trick of the price action anyway. Just like how when you do chart readings, TA, indicators and what not and go into trading after that, in price action you gotta check out whats going on and figure it out before anyone else and react to it which means you gotta find the best entry point and exit points you can

You can just look at the recent price dynamic

If you don't care about indicators and just want to trade volatility, you can even open two offsetting positions, long and short. That will be your entry point if you don't know how and where to start out on your trading journey. Then buy low and sell high in small chunks. After that, rinse, repeat. It will work itself out eventually to your advantage and money in your pocket. As I wrote in my previous post, all you need is capital and price action