Is technical analysis useful?

[okocrypto]

Technical analysis is one of the key way of predicting the stock and commodity market and crypto market respects this a lot. If technical analysis does not work, what then is the essence of trading? Fundamental alone can not accurately predict the market whereas technical does.

[okocrypto]

Technical analysis is one of the key way of predicting the stock and commodity market and crypto market respects this a lot. If technical analysis does not work, what then is the essence of trading? Fundamental alone can not accurately predict the market whereas technical does.

In recent times , methods that have remain consistent and reliable includes  price action, demand and supply zone, Naked  forex  and few others. These methods fall into technical analysis and are at least 80% reliable.

[Botnake]

technical analysis is useful and helps to make better decisions in understanding the market and helps you make good decisions. And of course, the reliability of information gained by technical analysis on the crypto currency market affects greatly

News is very important because that would create speculation, the hype and FUD is what makes the market so volatile.
There is so much risk here as even technical analysis does not work all the time, we need to be extremely smart to gain in the market movement.

[chamika888]

It seems like Technical Analysis is more prevalent in the crypto space than in traditional markets, but maybe it is just the people I am around or follow on Twitter.
There are all sorts of indicators that people use to help predict future price movements. Over the past few days I have taking a few courses on the basics of Technical Analysis to now some more intermediate/advanced methods. but the problem is crypto  has very high volatility.

[imking]

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

Trading is like a game there is a lot of probabilities to happen.  You should think the proper moves to be right every time you need a technical analysis to guide you to every step. Technical analysis is not only useful on the trading there is some other activities need to be analysed. When you use the technical analysis, you will be identified or predict what will be the next value of the coins that you have.

[shone08]

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

Trading is like a game there is a lot of probabilities to happen.  You should think the proper moves to be right every time you need a technical analysis to guide you to every step. Technical analysis is not only useful on the trading there is some other activities need to be analysed. When you use the technical analysis, you will be identified or predict what will be the next value of the coins that you have.

I agree with this idea in trading industry all things are possible to happen as always the risky are too high and I think using a technical analysis can give you idea when the right time to entry your buying and when to exit most trader are using technical analysis like some indicator to make it accurate to enter.

[Jupeter]

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

Off course technical analysis is very useful so we can able to analyze what is the good coin or what is the promosing coin to buy and technical analysis is useful because it is one of the best strategy to became successful here in crypto world.

[coinhunter2050]

 Reliability is the main thing for doing better and good.
we should 1st check out this reliability and then start trading or whatever you want.

[easydrawrex]

I personally believe that doing Technical Analysis is a good decision to do before making sure to do a trade so that you can be more accurate and to make your trade have a higher chance of winning a profit in your trade. Me and my friends always use technical analysis in our trades and we can prove that it can really help us, traders. Youtube and Google can help us to study more about Technical Analysis.

[PhucS]

Technical analysis is really useful in trade, it gives us an overview of the market situation, helping investors maximize profits, especially the medium term investment. People often say it is a very important factor and it decides to make a profit. Yes, it is very important and useful, but to make a profit is not only dependent on technical analysis but also on other factors such as capital, external influences or Emotion influences important decisions. This is just my opinion

[Cling18]

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

I actually believe that it is useful for investors and traders. It is a good basis for us to know the flow of the market and our hodlings. It is a reliable source for us to know what's happening about the market. Through it, we could determine and analyze the best coins for the future.

[Sean25pogi]

Yes, actually the technical analysis is one of the main reasons
why some experts have a basis in their decision making because they have a guideline in all decision they make.

[untugede]

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

I actually believe that it is useful for investors and traders. It is a good basis for us to know the flow of the market and our hodlings. It is a reliable source for us to know what's happening about the market. Through it, we could determine and analyze the best coins for the future.

I also consider that speculative analysis is very important for investors and traders, because with us having good analytics and speculation of course the capital for us to be able to choose and know what we should choose to invest and trade, for example we have no analysis and speculation, I think we will find it difficult to trade and invest well.

[akram143]

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

I actually believe that it is useful for investors and traders. It is a good basis for us to know the flow of the market and our hodlings. It is a reliable source for us to know what's happening about the market. Through it, we could determine and analyze the best coins for the future.

I also consider that speculative analysis is very important for investors and traders, because with us having good analytics and speculation of course the capital for us to be able to choose and know what we should choose to invest and trade, for example we have no analysis and speculation, I think we will find it difficult to trade and invest well.

Best technical analysis very very very helpful for all the people to get more profit in cryptocurrencies especially Bitcoin investment based on Intelligence and patience so it will very important for all people.

[KirilBit]

It is really difficult to take precise take on the future just by the help of technical analysis and charts,the volatility is really high and you never know when the market is going to rise or fall as it is hard to determine the specific factors that rule the market. If you are doing a day trading, then yes technical analysis are more suitable for you.

[bentive]

Technical analysis is useful towards a specific speculative extent. But due to its volatile nature you should always take into consideration of various news and announcements on PR and the market situation as a backup.

[DimaZ88]

Technical analysis very very important but good technical analysis hard to come by.

Really you need tools to make it useful and you need to not have so little information that you cannot extract good info.

RoninAi something I'm keeping eyes on for this month. They're development update shows good signs of complex technical analysis and Ai training.

https://roninai.com/new-ai-crypto-tool/

BTCDimaZBTC

[Pab]

It is easy to recognize that bitcoin price is moving in 10% frame between 6200$ and 6800$
and both bulls and bears are agree on that scenario
Now i ve been reading that btc may finally break 6800$ and move higher
But same way can comeback on 6000$
Anyway i ve been reading that regulators are changing his mind about crypto even SEC has found that utility token can exist and blockchain can have his own  currency
Because of that i bet that prices on main crypto and quality alts will slowly rise

[GeniusAko]

Technical analysis is the reason why I can enter and exit safely in trading of cryptocurrencies. I can predict what is the best time to purchase and to sell cryptocurrencies. The technical analysis is giving reliable information for me to perform trading well.

[t3ChNo]

The analysis provides me a better insight to get in and out. It's just one of the tools I use.