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t3ChNo
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July 12, 2018, 01:48:20 AM |
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The analysis provides me a better insight to get in and out. It's just one of the tools I use.
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befriendmywater
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Activity: 658
Merit: 10
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July 12, 2018, 03:04:33 AM |
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Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
I think it depends on the view of each person. I am really a person who does not trust technical chart analysis. I only believe in my economic knowledge then I will make an investment decision. I used to combine politics with economics to analyze and make the decision to invest in something. |
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Telybin
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July 12, 2018, 03:12:12 AM |
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I find this quite useful in day trading. Based on technical analysis charts you can identify buying and selling points to check the profit.
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kaineh
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July 17, 2018, 09:20:34 PM |
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TA is a graphical representation of supply and demand. It helps to measure risk. It depends on price action understanding. Newbs can get rekt by looking at a lot of fancy indicators.
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rexxarofmoknathal
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July 17, 2018, 09:23:54 PM |
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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.
Most experienced traders rely on technical analysis to help them decide when to buy/sell/trade. The technical analysis should be looked at before making comments on the future of crypto because all of the press amounts to something which usually goes the wrong way down. |
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celeNG666
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July 18, 2018, 02:19:45 AM |
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It depends how we use the technical analysis... technical analysis attempts to understand the market sentiment behind price trends rather than analyzing a security’s fundamental attributes. If you understand the benefits and limitations of technical analysis, it can give you a new set of tools or skills that will enable you to be a better trader or investor over the long-term.
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xuzukami
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July 18, 2018, 01:33:29 PM |
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Technical analysis is also part of helping us look at a coin. But whatever the analysis, they can not be accurate. I think they are just tools to support us in part.
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iged_war
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July 18, 2018, 01:42:31 PM |
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Technical analysis is also part of helping us look at a coin. But whatever the analysis, they can not be accurate. I think they are just tools to support us in part.
no one can guarantee about their analisys.although it is not accurate, atleast it give us usefull information for best level that good to buy bitcoin or altcoin with small risk. |
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atorle
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July 18, 2018, 01:46:58 PM |
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Technical analysis is very important if you are a serious day trader,mastery of this will earn you a lot of money, especially if you are also able to keep an eye on fundamental analysis too
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nur rochid
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July 18, 2018, 02:08:56 PM |
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Technical analysis is very important if you are a serious day trader,mastery of this will earn you a lot of money, especially if you are also able to keep an eye on fundamental analysis too
i think technical analysis can not stand alone. this should be balanced with news that happened. technical analysis can help us to determine direction of trends that will occur, thus helping the time to enter market or exit market |
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fanBit101
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July 18, 2018, 02:21:57 PM |
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Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Market analysis is based on some analysis of the bot, and the data is statistically presented to various tools and means. And I think, believing in the process of market analysis, the chart brings more trust than the distraction news is spread on the net. Of course, it is very useful for traders. But to achieve that. I spent a lot of time researching and learning. |
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ryzaadit
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Activity: 2464
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July 18, 2018, 02:31:07 PM |
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For me iam prefer to Fundamental Analysis because with news its can be effective for the market then after the news out we can confirm will the market got the effect or not with using TA. so basically FA & TA it's really important
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LizZavet
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July 18, 2018, 02:35:01 PM |
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I know some people that use technical analysis and lost part of deposit. I think everybody need to decide yourself use or not it. But also i know some people that no use it and have profit.
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narukami
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July 18, 2018, 04:20:23 PM |
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Yes, I suppose it is, but till the time, I will get enough knowledge to use and handle it, I think the crypto market would fall 100 times, lol. I`m not the best student.
Off course technical analysis is very useful especially when want to make a good profit in trading world and there is no doubt that when we know to analyze a promising coin to buy we can definitely make a lot of money in trading and we can also became successful. |
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bitcoinking11
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July 18, 2018, 04:41:48 PM |
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In cryptocurrency market, only technical analysis wouldn't do, there are other factors that affect movement of the price. However, you have to learn technical analysis well, if you want to be an expert in trading.
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Dowrich80
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July 19, 2018, 01:38:09 PM |
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Technical analysis involves analyzing all of the information available, which means white paper and news and the team and everything else involved but a very important part of the technical analysis is that deduction should be strong
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paynercash
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July 19, 2018, 01:54:39 PM |
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Yes, I suppose it is, but till the time, I will get enough knowledge to use and handle it, I think the crypto market would fall 100 times, lol. I`m not the best student.
Off course technical analysis is very useful especially when want to make a good profit in trading world and there is no doubt that when we know to analyze a promising coin to buy we can definitely make a lot of money in trading and we can also became successful. Exactly. You're right. Technical analysis is very important as the deciding factor is the market at the up or down. Then give the judgment and the conclusion. At that self-confident that money back home. I believe so, that's my opinion. |
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V1saya
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July 19, 2018, 01:56:13 PM |
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Technical Analysis is one of the most important stuffs here in trading. While it is not 100% guaranteed as news and important factors matters too it should play an important role especially when someone is planning to analyze its lowest and highest.
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Maxpips
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Activity: 200
Merit: 16
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July 19, 2018, 02:02:18 PM |
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TA is only useful if you relate it to what's going on behind the scenes. Every rise or drop occurs because people buy and sell. Understanding how traders buy and sell, as in when they are likely to buy and sell and what causes them to buy and sell, is the key to making (consistent) money.
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Maxpips
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July 19, 2018, 02:09:51 PM |
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Think about this......
If the price falls and then starts rising, who bought?
Someone, or a group of people, had to buy in order for it to rise, so who decided to buy?
It couldn't have been traders like us, because we don't have enough Bitcoin (at least I don't) to affect the price. And even if you did have enough Bitcoin would you really buy after a huge drop, like the one that took place on the 6th Feb 2018, took place.
Probably not, right?
So then who bought, because someone had to.
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