Is technical analysis useful?

[decoder88]

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

In some points, technical analysis may support your knowledge on cryptocurrency maket but make it as a credible sources, I think thats not a good choice mostly If your are a beginning to enter BTC or other crypto.

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1715032069

[Bagaji]

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

Technical analysis is very useful in making trading decision in both crypto currency and Forex trading, but it is not advisable to only consider the position of technical analysis all alone because that maybe misleading some time but taken into cognizant the fundamental analysis will paves ways for you to make good decision in your trading

[Rebisco]

There are many traders like me who are using technical analysis. I keep using it becausw I always getting reliable information. I am using all of the information that I get from trading for me to not loss and grow my investment.

[buivanquan22]

I do not believe in technical analysis. In this Crypto market shark prices are too much. Coins do not work too well.

[Ambrosius]

Yes I believe and it is very important for the trader because it can identify the general trend or direction in which the price moves, see the price movement chart is likely to show series of highest and lowest prices. It's all very useful as a reference to strategize in trading.

[Karmakid]

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

I believe yes, it is helpful and useful for most of us. It is important that we'll know how to monitor our hodlings by technical analysis. It is a reliable source for us to know the current flow of the market. We should always know the situation of the market because it is our guide whether to sell or hodl.

[biletskiy]

I offen believe in the reliability of information obtained by technical analysis. But i combine with my predictions. Sometimes i think like sharks and imagine what to do.

That is right. But I suppose that technical analysis can be useful only for the experienced guys that work with the cryptocurrency. The beginners will not understand it.

[margaret22]

It is a good starting point, to predict what we can expect. Together, with other judgement skills, I believe it is possible to achieve great results in trading.

[allohha]

It is a good starting point, to predict what we can expect. Together, with other judgement skills, I believe it is possible to achieve great results in trading.

Initially, you need to correctly identify the appropriate project for trading. If the coins are really promising, then your analysis should give good results.

[spartanrules]

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

Personally I think that technical analysis can help you to identify reversal levels and date of it. if you use it together with fundamental analysis you will have confirmation of trend reversal according to any strong news.

[peter_coin]

Yes I think technical analysis is very useful in trading, but it is more useful for very stable cryptocurrencies and not new coins that do not have any use case or value. But trading based on technical analysis alone is not wise, also trust ur gusts.

[InziderX]

TA is THE tool. But pattern are good maximum 80% of the time.
That's why money management is the key.

You can win 2 times and looses 8 and still be winning.
Its math and money manage.

TA give you setup with a % of chance its realize itself.
But the 20% that remain need to be managed like it's the 100%.

You need to calcul everything and make an average.
Win/Loss/Wining % setup.

Then you can make a plan.
DEMO first to get the info. 

[Faxmate]

I do not believe in technical analysis. In this Crypto market shark prices are too much. Coins do not work too well.

Well it is all about our own skills and our own way of thinking, I think if we will get to know about technical analysis then it helps us to know about upcoming price chart, if the price will be low then it is not useful to trade right now, I think we should buy some bitcoin so according to the experts technical analysis price of bitcoin will be better for sure, more people are now investing so we can predict the expected price of bitcoin.

[farosa]

I do not believe in technical analysis. In this Crypto market shark prices are too much. Coins do not work too well.

You should believe it so technique analysis is one of other keys for find correct price for buy and sell. I agree with you that sometimes this can be unnecessary, but all traders use it and the candles you have seen there are people's thoughts. Sometimes we encounter such a situation in Forex but we don't say TA doesn't work.

[TedMosby]

I dont think technical analysis is useful on crypto trading/market because FUD and fundamental still dominating this market. There's always a news that causing the market fluctuation nowadays. People will look at the chart, and then looking for what happen? so, for me fundamental is more important.

[binghope]

Do you think statistics can help you make better deals? Do you know that to make a statistical analysis of the authors have to investigate as well as they have to make a lot of statistics for you to have that document

[MudahDanHemat]

Yes, I believe and it is very useful for me to decide the time to get into trading a coin. At least that's what I feel up to this moment.

[GreatArkansas]

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

Yes, technical analysis is very helpful for trading, specially when you are trading in some major coins that has quite good volume. It is really helpful to do technical analysis, but using technical analysis, there is no 100% guaranteed.

[Muzika]

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

Yes, technical analysis is very helpful for trading, specially when you are trading in some major coins that has quite good volume. It is really helpful to do technical analysis, but using technical analysis, there is no 100% guaranteed.

I got a friend whose income is made all from trading he is not joining any campaign hes just a full time trader and he admits that he earn a lot from trading that is why he is focused on that, trading is not just a luck, you should know the market movement for you to earn positively.

[Inikoo]

Surely, it is useful, if it wasn't, people would not spend a lot of time doing it There are great youtubers, explaining how it works, I am personaly interested in this technic.