natsu01
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Activity: 392
Merit: 21
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March 28, 2018, 11:02:25 AM |
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As a crypto trader technical analysis is very reliable and important in order not to lose funds in trading and only make profits will always be the outcome.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Jack Cryptoman
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Activity: 22
Merit: 0
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March 28, 2018, 01:20:14 PM |
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I am think classic TA is not very useful. PriceAction+VSA is better  thats mentioned technical analisys too dude.that technical very usefull if understand about volume and combine it with price action.usually use trend line and candlestick pattern. Yes, i agree with you. I mean trend lines,MA,classic patterns like "head and shoulders" only- so popular instruments of TA for new traders but maybe it is not enough for successful trading system. Of course, I understand that the trend line is very important for determining the trend. I'm trying to apply the Wyckoff method (VSA) to the crypto currency market, because I understand the influence of big players on the market. The market of crypto-currency is not big enough in comparison with stock market. VSA tells me what the big player is trying to do. And in what phase is the market now, in accumulation or distribution? Who are stronger-buyers or sellers? Thanks for replying to my message. Good luck in trading  |
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myworkstrade
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Activity: 238
Merit: 10
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March 28, 2018, 02:31:46 PM |
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Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Yes technical analysis is useful and very nice to used. I am from fundamanetal analysis to technical anaylsis now I like tech analysis most in crypto its easy to used and you can check easily the market trend. It is realistic approach to the market and we can do longterm and shoterterm trades with it. POpular ta instrument or inid ayor is moving averages candles and rsi its really useful you can try it. |
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atjiat
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March 28, 2018, 05:13:22 PM |
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Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Yes technical analysis is useful and very nice to used. I am from fundamanetal analysis to technical anaylsis now I like tech analysis most in crypto its easy to used and you can check easily the market trend. It is realistic approach to the market and we can do longterm and shoterterm trades with it. POpular ta instrument or inid ayor is moving averages candles and rsi its really useful you can try it. for today it is necessary to learn to do qualitative analysis, because all these analysts can not be hoped, because all forecasts or analysis are void and false. |
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darewaller
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March 29, 2018, 06:10:18 AM |
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Technical analysis is not only useful but also an important tool for decision making in trading. As far as I know this is the only thing use in trading because of its effectiveness. The effectiveness also vary from the person using it. Fud is only effective if applied in a market that is either going down already, or bound to go down in a matter of days
Yeah, no one doubts this, but if you are completely relying on technical analysis without learning how you can play safe in the market, then you will only end up completely screwed before you even know it. There are so many times it can work easily, you can even get to see yourself making some good calls, and then sometimes just come when you just see everything going the other way round even with the analysis, which is why the stop loss is always available. for today it is necessary to learn to do qualitative analysis, because all these analysts can not be hoped, because all forecasts or analysis are void and false.
New methodologies are always better for better results and at the same time, we cannot ignore conventional methods for consistent performance. In simple words, proper mixture of all these will definitely help any trader for producing comparatively better results. |
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Botnake
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March 29, 2018, 06:26:07 AM |
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Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Yes technical analysis is useful and very nice to used. I am from fundamanetal analysis to technical anaylsis now I like tech analysis most in crypto its easy to used and you can check easily the market trend. It is realistic approach to the market and we can do longterm and shoterterm trades with it. POpular ta instrument or inid ayor is moving averages candles and rsi its really useful you can try it. for today it is necessary to learn to do qualitative analysis, because all these analysts can not be hoped, because all forecasts or analysis are void and false. Analysis is very important and the outcome of your analysis is always based on the information you read. Some people relies heavily on charting and they come up with the decision, for me, what is important here is the news and speculation to make a good decision. |
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bnmh23
Newbie
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Activity: 108
Merit: 0
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March 29, 2018, 06:36:56 AM |
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For the price, technical analysis is reliable. Based on the role of the core algorithm, it is easy to profit from the transaction. I know there are many professionals who are doing this, and the gains are very stable!
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GrayFullbuster
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March 29, 2018, 09:20:48 AM |
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Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Of course! Most of the traders are using technical analysis! I can say that technical analysis is one of the useful tool for us to predict the price of the bitcoin. For me, the information that we can get from technical analysis is reliable. |
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bullet007
Newbie
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Activity: 64
Merit: 0
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March 29, 2018, 09:29:40 AM |
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Technical analysis is not just a template for moving the price, it helps to see the actions of other traders and predict their behavior in the future, than predict the price.
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bearexin
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April 02, 2018, 07:32:49 AM |
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For the price, technical analysis is reliable. Based on the role of the core algorithm, it is easy to profit from the transaction. I know there are many professionals who are doing this, and the gains are very stable!
There is no survival in the digital world without patience and analysis, especially if someone is a trader, he cannot make any profit without analyzing the situation and coming up with the right decision. Indeed, the experts would be using technical analysis for making profit. This is the job of any person who is involved in this profession. Besides, how is it possible to be successful without doing such work? This is the only way to stay in trading. |
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virasisog
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April 02, 2018, 08:05:18 AM |
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For the price, technical analysis is reliable. Based on the role of the core algorithm, it is easy to profit from the transaction. I know there are many professionals who are doing this, and the gains are very stable!
There is no survival in the digital world without patience and analysis, especially if someone is a trader, he cannot make any profit without analyzing the situation and coming up with the right decision. Indeed, the experts would be using technical analysis for making profit. This is the job of any person who is involved in this profession. Besides, how is it possible to be successful without doing such work? This is the only way to stay in trading. Technical analysis is the bestfriend of traders and its fundamental analysis but in both different use. If you want to be a trader and not just an investor or a holder you would be able to get a profit with every price and have a good entry then its technical analysis. |
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adjk7
Newbie
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Activity: 147
Merit: 0
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April 02, 2018, 08:17:29 AM |
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Sir, I am very contradictory, because I recognize and do not approve, because technical analysis can indeed be used as a reference, but it is not the most important factor that can affect the price.
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richkellj
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April 03, 2018, 10:26:32 AM |
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For the price, technical analysis is reliable. Based on the role of the core algorithm, it is easy to profit from the transaction. I know there are many professionals who are doing this, and the gains are very stable!
If you want to get a fair idea of the market value of any of the crypto coin soon, then the only thing upon which you can rely is this technical analysis. Doing so will help you in having a better idea of the market is the days to come and that you will also be able to plan the things in much better way as well. However, it is not a wise thing to rely on the technical analysis entirely. |
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boyshx
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April 03, 2018, 10:36:02 AM |
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Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
It is important to consider that information but many times they are just failed piles of assumptions. Recently the market dropped heavily and I am seeing many threads which keeps talking about the different technical analysis that different users have done about the market. This I saw since January but none of them were upto the mark and none of them made the right speculation about the market. Sometimes I feel they are making it just out of some raw data which they dont either understand and some of them are just trying to get the visual representation for getting merits. (To be honest I do feel that way). Coming to the point, these analysis being made by different users literally had the different outputs. The market is single but the outposts are different then it becomes too difficult to believe in such analysis. So may be I would say as long as its upto the mark then its all right otherwise we should not rely on them completely. |
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anntlevel
Jr. Member
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Activity: 286
Merit: 3
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April 03, 2018, 11:27:38 AM |
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Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Technical analysis does not exactly predict the future of any market, but it can at least help us know a little bit of how the future market is going to be. Well I will still say that technical analysis is useful, but not 100% useful as many believes it is. But don’t just take my word for it, try to know read comments by others, cause I’m not perfect. |
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Arwinkim
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April 03, 2018, 12:25:35 PM |
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Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Of course it is useful because you can use it to predict the market. Although trading is a game of probability, technical analysis is still reliable to help you understand the market. Most of pro traders use technical analysis anyway combined with fundamental analysis from news. |
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talldude
Member
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Activity: 224
Merit: 10
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April 03, 2018, 01:39:49 PM |
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Despite the actual fact that i'm an addict of the central examination, I do trust that each the techniques area unit useful whereas anticipating the conceivable outcomes of the pattern that will occur afterward. no one will anticipate the precise future developments nevertheless the expectation of the conceivable outcomes of the patterns facilitate to come to a decision the productive exchanging/contributing systems. With regards to the fundamental measure, I do rely on principal investigation for the mid/long haul and utilize specialised examination for the transient timeframe define.
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--DarkSecrets--
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April 07, 2018, 02:52:50 AM |
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Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Technical analysis does not exactly predict the future of any market, but it can at least help us know a little bit of how the future market is going to be. Well I will still say that technical analysis is useful, but not 100% useful as many believes it is. But don’t just take my word for it, try to know read comments by others, cause I’m not perfect. Yes, because any technical analysis is based on different thoughts and mind how he use or do a technical analysis and if you're a long time trader you will know its importance in just simple buying and selling at any dips must be more good to know how to do it. Every one has its own opinion and it might be wrong or right if you are open to all things you will be a great trader. |
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longminh123
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April 07, 2018, 04:17:14 AM |
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Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
I only trust technical analysis when the entire Cryptocurrency market shows signs of improvement and should not be trusted in technical analysis when the market shows signs of falling as it is time related psychology of investors and we can not predict anything. If they try to sell panic, all analysis will not make sense so only 30% trust in technical analysis. |
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Dasha88fed
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Merit: 10
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April 07, 2018, 03:04:50 PM |
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Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
I've seen a lot of forecasts and technical analysis and almost always they could not predict further price change on bitcoin and other cryptocurrency. I believe that crypto foreign Exchange market there are other rules. No one forecast and technical analysis can not predict that for example tomorrow will news about breaking some cryptocurrency Exchange or banning of a country cryptocurrencies, then, as a rule market will take in the fall. On value for money cryptocurrency great influence have the news about updated the project, about the upcoming hardfork, update software, the addition of coins on the new stock Exchange, etc. |
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