Is technical analysis useful?

[KEPLER99]

Technical analysis is very helpful to decide when and where to invest, We all know trading are risky but traders are willing to accept the risk just to earn profit, One way of minimizing the risk is deep planning, Gathering data would be easier for us to identify which one has potential and easily anticipate its movements.

This assuming of risk exist in all the businesses and therefore I am not considering it a risk because I know that, I know the knowledge of Bitcoin and other crypto market coins. I have never been busted and no one will ever bust if knowledge is here. The technical and expert analysis both are necessary to here and watch what is going on in the market. Keep updating about the market will result in making your decisions to the right direction.

[Dimon8]

Technical analysis must be known for general development, but it is not worth invoking it. I take decisions after my own analysis of the project or coin.

[george888055]

Crypto might be substantially volatile, and watching a crypto price movement chart will probably reveal a selection of highs and lows that form a linear pattern.

[otunayode]

The general condition and direction of the market can only be discover by the technical tools available via fundermental analysis. Technical skills could as well determine your future income depending on how skillful you are!

[karungbitcoin]

In every trade i always use technical analysis, this is very usefull for me, although not 100% accurated but technical analysis really help to decide and to know best level price to buy and sell. Technical analysis will help to understanding price action and the trend of crypto price. I can not doing trading without look the chart to know the price on support or resistance area.

[Anco_Marzio]

The technical analysis is excellent, but it must always be compared with the fundamental analysis and - anyway - keeping in mind the context in which we move: while the forex is more stable, the crypto world is very sensitive to rumors, so always have a eye on what's going on behind the charts

[gabmen]

In every trade i always use technical analysis, this is very usefull for me, although not 100% accurated but technical analysis really help to decide and to know best level price to buy and sell. Technical analysis will help to understanding price action and the trend of crypto price. I can not doing trading without look the chart to know the price on support or resistance area.

Well.of course it's useful. Though it really doesn't determine how a coin's movement would turn out. Knowing how to utilize ta's is better than blind trading. At least that way you have an idea of how your trades can go and be able to prepare yourself on how to react.

[FalcoonRed]

very useful because the capital to trade is able to analyze and most people who succeed is a person who is smart to analyze

[slashz9]

I also do not really know try to ask people who have studied private using technical analysis, I've been asking a lot of people who have long been in the crypto they say the price can not be predicted to pump / dump anytime, they may be able to read from the chart before but does not guarantee the next price can be predicted.

[Rodeo02]

The general condition and direction of the market can only be discover by the technical tools available via fundermental analysis. Technical skills could as well determine your future income depending on how skillful you are!

True this is just may also based what skill are you wiling to do for just to make it sure that you can also have profit on it. And for the future this is just always to be on you.

[ArnoldChippy]

Technical analysis is very helpful to decide when and where to invest, We all know trading are risky but traders are willing to accept the risk just to earn profit, One way of minimizing the risk is deep planning, Gathering data would be easier for us to identify which one has potential and easily anticipate its movements.

I think yes it is always good to get technical analysis, for that you need to study the market and always get the expert opinion which can help you in taking a right decision, i think that successful trader always get technical analysis, which really help them in taking a right decision about their trading and investment. which can be helpful for getting profit from trading and investment.

[ov3rflow9x]

I believe this may work when we talk about the short term platrofms, even though I am not familiar with the technical analysis myself.

[lushlifing]

Technical analysts use charts because they are the easiest way to visualize historical data! All analysis is useful, IF you use it in the right way

[bennypagulayan]

Technical analysis is very useful. After analyzing, you will predict the next market will look like. You will make the right decision to make your business or investment productive.

[KnightElite]

Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?

Actually, many traders like me are using technical analysis to predict the price of the coin. For me, using technical analysis is worth it because it is giving reliable information that I am using for me to earn money from trading.

[kuncimobil]

to be able to get profit then we should be able to analyze the market and coins well so we will know when the right time to buy or sell and thus we can reduce the risk for loss and we can get a big profit

[Koadharber]

Technical analysis is very helpful to decide when and where to invest, We all know trading are risky but traders are willing to accept the risk just to earn profit, One way of minimizing the risk is deep planning, Gathering data would be easier for us to identify which one has potential and easily anticipate its movements.

I think yes it is always good to get technical analysis, for that you need to study the market and always get the expert opinion which can help you in taking a right decision, i think that successful trader always get technical analysis, which really help them in taking a right decision about their trading and investment. which can be helpful for getting profit from trading and investment.

I believe on such thing even myself would get used to technical analysis into my trades where it is really a useful thing anytime with fundamental analysis which will support your technical then id most likely see that this is effective on my trading career.Im not still professional on making trades but the important thing is that you do make your own way on how to be profitable.

[amber deposit]

technical analysis is not suitable for altcoin analysis. The movement of these coins easily out of balance, even when trading small amounts. Technical analysis is suitable for conservative markets.

[BTCITA187]

This is not a good move to use technical analysis for crypto because this is very unstable and manipulating market. Because here we have so much "predictions" about BTC price or other that you really don't know what to do with that. One group shows their technical analysis where BTC will costs        20000  $ other shows their technical analysis where BTC will costs 5000 $ and everyone has their support levels or something with "strong" arguments and a lot of facts. 

[sajeebur rahaman]

Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?

I can show you the magic of some technical analysis,
Anlalysis Link : https://www.tradingview.com/chart/BTCUSD/SWxeXsAA-BTCUSD-ANALYSIS/
https://www.tradingview.com/chart/ETCBTC/UcM6vike-ETCBTC/

You will see so many,