Are altcoin price movements have some mathematical explanation?

[Slark]

Op, don't pay attention to technical analysis. It is not a good way to evaluate crypto market.
It maybe good for other assets like stocks, but crypto is just too volatile to measure by most technical indicators.
They were created long time ago to explain movements behind far more stable markets, Forex etc.
RSI or MACD used for crypto is for the most time a disappointment as these indicators often lags.

[AdolfinWolf]

Op, don't pay attention to technical analysis. It is not a good way to evaluate crypto market.
It maybe good for other assets like stocks, but crypto is just too volatile to measure by most technical indicators.
They were created long time ago to explain movements behind far more stable markets. RSI or MACD used for crypto is disappointment.

So what would you look for instead then? Things like developments or partnerships of coins that coin cause FUD? Is psychology the most important factor to determine if the coin will go up or down?

[rickadone]

Any trading instrument (not just altcoins) will be following some patterns only if it is being traded with volume. It means if it is not being controlled by few people, then it must be having the basic aspects of support and resistance levels.

In other words, if there will be no chances for manipulations then we can find mathematical explanation with price movements of any trading instrument.

[dady12]

I don't think TA have much to do with Aitcoin as this is quite different from force,check of the news on the particular coins and looking at trading volume and buy order and sell order,project developer news and what they have to offer with a bit of luck can do you good in cryptocurrency trading,what I normally do is to set my limit once I gain something small in order to minimize my loss as a coin can be dump when u are sleeping,within a second ,a coin you bought 10dollar can be 0.5cent

[dossantosleite]

Op, don't pay attention to technical analysis. It is not a good way to evaluate crypto market.
It maybe good for other assets like stocks, but crypto is just too volatile to measure by most technical indicators.
They were created long time ago to explain movements behind far more stable markets. RSI or MACD used for crypto is disappointment.

So what would you look for instead then? Things like developments or partnerships of coins that coin cause FUD? Is psychology the most important factor to determine if the coin will go up or down?

good question.