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November 30, 2017, 11:37:37 PM |
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Do you know how the indicators are working when you talk about altcoins?
They are almost useless, specially because the whole crypto market is only followed by pure speculations, you can not expect to have the same patterns as the price of EUR/USD are having on forex.
Maybe the only good indicator that you can use for alt trading, are just the bollinger bands, they are very effective, and you can make a lot of profit from them if you are just looking to do scalping.
But ema, ma, macd, they are just useless, because they are not going to predict when a bad/good new is going to came to the market and when, and how much, it will affect the price.
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