ololajulo
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Chainjoes.com
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November 29, 2018, 09:35:58 PM |
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technical analysis is good when the market condition is good or improving. I have watched a lot of technical analysis this year and have found them more unreliable than in previous years. It is better to stick with simple rule of investment and update it. Most of the technical analysis had been advice to take caution and everyone should do his diligence.
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lorapalmer
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https://bvo.trybravo.com/
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November 29, 2018, 09:54:10 PM |
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I've been thinking about starting to learn how to read charts and do some technical analysis for myself. The problem is I see it ridiculed on pretty much every forum and people saying it's useless for crypto.
What are your thoughts? Worthwhile?
You need to get more experience first and learn how crypto works in order to read charts and do some technical analysis. Anyways, I think that analysis will not guarantee you 100% success in investment as many factors influence market nowadays. It is very hard to predict.
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Pamahaw
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November 29, 2018, 10:12:46 PM |
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I've been thinking about starting to learn how to read charts and do some technical analysis for myself. The problem is I see it ridiculed on pretty much every forum and people saying it's useless for crypto.
What are your thoughts? Worthwhile?
Somehow, technical analysis worked for some aspects in the cryptosphere. If we are to use/interpret the chart in trading, we can see the trending whether it is ascending or descending then we can make a judgement call on what we have to do. But that is not always be the case on the cryptosphere as some of it is being manipulated by whales.
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Maricel2017
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November 29, 2018, 10:17:02 PM |
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I think yes, we should need to analyse and consider all the possible things to happen, but this time its hard to analyse what would be next to market because most of the time the value of all coins are decreasing.
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5thFear
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November 29, 2018, 10:22:45 PM |
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Absolutely not. There is no prediction of how things will go. Just good guess and the ones who follow the ticks of some charts are naive people. All the charts make all kind of prediction and then once thing happen they pull out the one that was saying that and will discard the others statements. Be intelligent, stop believing in them.
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claus-rich
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November 29, 2018, 10:25:22 PM |
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I think technical analysis works only when the market is stable. Often, during a strong movement in the cryptocurrency market, this analysis does not work.
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Dessy88
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Vave.com
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November 29, 2018, 10:26:05 PM |
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I've been thinking about starting to learn how to read charts and do some technical analysis for myself. The problem is I see it ridiculed on pretty much every forum and people saying it's useless for crypto.
What are your thoughts? Worthwhile?
What graph do you analyze? did you make it yourself? maybe your analysis technique is not correct so they think it's not specific to see the development of crypto.
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arjuna BTC
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BabelFish - FISH Token Sale at Sovryn
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November 29, 2018, 10:31:22 PM |
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I've been thinking about starting to learn how to read charts and do some technical analysis for myself. The problem is I see it ridiculed on pretty much every forum and people saying it's useless for crypto.
What are your thoughts? Worthwhile?
all predictioins methode is work in crypto,, wich mean technical and fundamental analysis my friend but, all of us know if predictions will not always right, so, set your stop loss and profit taking price and remember don't be greedy
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adzino
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www.Crypto.Games: Multiple coins, multiple games
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November 29, 2018, 10:44:36 PM |
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I think yes, we should need to analyse and consider all the possible things to happen, but this time its hard to analyse what would be next to market because most of the time the value of all coins are decreasing.
It is not the first time analysis on crypto currencies became hard for people to conduct on. To be honest, I don't actually think those analysis actually work. The crypto market is totally unpredictable. There is no way to know when the price will rise or end up crashing badly. All we can do is make some wild guess. Look at the price now. No one predicted this recently fall and no one can correctly tell us when the price will rise back.
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edmundo
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November 29, 2018, 10:52:49 PM |
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On a level and steadily progressive market, the answer is yes! However, with the recent uncontrollable downward trend in the market, it has become completely difficult and almost impossible to rely on the technical analysis indicators and strategies to work. Everything up till this moment has failed and its as if nothing about market predictability is working at the moment hence, people are questioning the usefulness and reliability of TA. But believe me, it works effectively on a stable market.
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mitsarasss
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November 29, 2018, 11:20:31 PM |
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Technical analysis works very well in the crypto market, but you must have certain skills in order to be able to apply it in practice. It is difficult however it can bring not a small amount of profit in our not easy business. Personally, I prefer not to create unnecessary difficulties, long-term investments are my main earnings.
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udam
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November 29, 2018, 11:35:22 PM |
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I see mostly technical analysis work with crypto. But technical analysis should be one of our investing decision. support and Resistance lines mostly match with crypto market. But I believe market future mostly depend on news. So we have to consider both technical analysis and news for good treads.
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✦ ZOPTAX ✦ ❝ Disrupting VOIP with Blockchain ❞
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yinoye
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November 30, 2018, 12:58:45 AM |
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I've been thinking about starting to learn how to read charts and do some technical analysis for myself. The problem is I see it ridiculed on pretty much every forum and people saying it's useless for crypto.
What are your thoughts? Worthwhile?
Technical analysis is not useless for cruptocurrency charts trading. The only setback for now is that it's not as effective as it is in other markets like forex, stocks, Commodities, options, Futures and co because they have higher and more liquidity than cryptos.
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NaXxow
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ALT Add: APfc4bykKHxYSVkvzsLdQvmiTXvTgMiCRM
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November 30, 2018, 01:10:52 AM |
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everyone has different insight, might as well share my insights. TA or technical analysis is applicable in everything, that is why it is technical. It is a form of analysis using technics or technology. The way I see it, Yes it is applicable. It is just hard and using technical analysis is hard to achieve high rate of success.
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Debonaire217
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In Code We Trust
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November 30, 2018, 01:15:45 AM |
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I've been thinking about starting to learn how to read charts and do some technical analysis for myself. The problem is I see it ridiculed on pretty much every forum and people saying it's useless for crypto.
What are your thoughts? Worthwhile?
I think it is part of the personal responsibility of a cryptouser to understand and learn about market statistics. Technical analysis will help you not just to predict the price of the currency but also to figure out opportunities behind every cryptocurrency in the market.
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NewRanger
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November 30, 2018, 01:21:57 AM |
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everyone has different insight, might as well share my insights. TA or technical analysis is applicable in everything, that is why it is technical. It is a form of analysis using technics or technology. The way I see it, Yes it is applicable. It is just hard and using technical analysis is hard to achieve high rate of success.
technical analisys should have to combine with fundamental analisys.this is could not work alone.tehnical and fundamental has strong correlation.in chart we see where is best level to entry and exit , and by fundamental we know why it moves.
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Btcirene88
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November 30, 2018, 01:43:20 AM |
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Yes of course its really important the technical analysis with regards to crypto chart statistics because this will help you more knowledgeable and wise for making good profit ahead. Which most of the cryptousers are succeeding due to experience of analysing the market trends.
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marufnang
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November 30, 2018, 02:04:17 AM |
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I've been thinking about starting to learn how to read charts and do some technical analysis for myself. The problem is I see it ridiculed on pretty much every forum and people saying it's useless for crypto.
What are your thoughts? Worthwhile?
Well sadly it mostly true, cause the cryptocurrency world is fully able to be manipulated. Especially by any whale investors that hold a lot of amount of coins in their pocket, they could easily turn over the cryto table easily.
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iconoclast
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Matrix Built On An Ethereum Smart Contract
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November 30, 2018, 02:22:39 AM |
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I've been thinking about starting to learn how to read charts and do some technical analysis for myself. The problem is I see it ridiculed on pretty much every forum and people saying it's useless for crypto.
What are your thoughts? Worthwhile?
Technical analysis is not foolproof for analysing other forms of investment either. It can often be made redundant by real world events. What it does give you is a slightly better than coin flip insight into which direction the market is likely to head. You still need to know how to trade to exploit it when you are right and limit your losses when you are wrong.
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SolomonSollarsNSense
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November 30, 2018, 02:30:08 AM |
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Most of the time when I apply the technical analysis it works but sometime when the market is not a good position like now it is in the blood zone so situations like this sometimes technical analysis does not work because market keeps on going down. So it's better when you are using the technical analysis better to check if the market is in a stable position or not
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