Do you listen to technical analysis?

[louie69]

Yes, I also consider listen technical analysis from the crypto experts however I still do my own analysis by checking on the price graphical chart movement every week and keep updated on the actual price value of btc and alts on daily basis at coinmarketcap site. With your own
analysis and with consideration  of the analysis from the experts, it could be of big help on your plan investment and the right time to sell your coins.

[billykannithi]

See the candlestick is so boring, at least with me. In my opinion, in crypto currency market, where everythig was controled by "Whale", the technical analysis is not inportant. We still can analysis to know how price i can buy or sell, but we must read many news about crypto to decide

[aldrin6697]

Not all the time since crypto is different from all the other markets like stocks, and forex. Things here doesnt work like they predict it to be, some trends are not usual and still needs further study.

[Xtez]

No.

I dont like to, TA will never work in crypto due to it being around for so little. We need more time to analyse more markets

[Milansilver7]

An analysis will always stay an analysis no matter what - just a mere prediction but still can help in a decision making. We can all follow and suit ourselves with an analysis, but don't expect too much.

you are right, the analysis is just an analysis, the analysis is a set of observations of each person, no one can guarantee that analysis will be a tool of truth, sometimes analysis will only be appropriate if we agree and feel it makes sense.

[iamlds08]

99 percent of the technical analysis didn’t see this dump coming!

technical analysis in cryptocurrencies is not that effective as in stockmarket and forex because crypto world is the most volatile among them and this TA's is only used when you have no source of news to a specific coin(because Fundametal Analysis is the main factor among new coins ).
most of the crpto trader whales are from stocks and forex that is why they are on to TA's so i better trust my crypto guts than TA's.

[puzzling_rvat]

Technical analisis is only useful if you are experienced in it. In any other cases it is a waste of time nothing more. Speaking about technical analysis without knowledge in trading not the best way to earn money. And ofc any analyze can't predict any event with 100% accuracy.

[Memenya]

See the candlestick is so boring, at least with me. In my opinion, in crypto currency market, where everythig was controled by "Whale", the technical analysis is not inportant. We still can analysis to know how price i can buy or sell, but we must read many news about crypto to decide

Actually technical is good for non news coin and its one of the good analysis but nowday its become worthless becaise of this recent market condition . Even till a date it was the most unpredicted reversal trend I seen till a date . Because after each stable state I found huge pump atleast 100 billion market pump but this time everything going unpredicted.

[Spellwing]

I think that nobody can foresee exactly what awaits us. Therefore, don't rely 100% on something like technical analysis, however I believe that it is still worth paying attention to it

[atutay]

Technical Analysis is just an analysis. No one knows if it will really happen. However, it is still a acts as a guide when to buy or sell. Just keep track of the coin and trust your instincts.

[haidangtp]

Technical analysis is for reference only. The market is influenced by many factors including unpredictable things. So I reward trading with my own feeling.

[itssawai]

Technical analysis works considering many factors and previous situations. It can help you read market in more precise way and many time you can make profit from it specially when some big news is coming but In real time no one can predict anything 100% correct.

[arunakiran]

I think in crypto market no analysis will work, even fundamental and technical. Any market mostly works on news based,on this it may jump and dump.

[mimienamphine]

Technical analysis is good and helps investors to at least see the direction things are going if not clearly but some level of information is gathered for them.Technical analysis is done by those who really understand the system so well.They know the ups and downs in there.

[zhekinsp]

99 percent of the technical analysis didn’t see this dump coming!

Technical analysis are just created by the past year happenings but there is no need that the history needs to repeat every time,so don't trust the technical analysis all the time just invest on the crypto currencies in the long term to make profits and don't care about the price dumps and bumps.

[LKingLion]

99 percent of the technical analysis didn’t see this dump coming!

There is no problem about analysis but it would be a problem if you always depends on the analysis all your decision. Analysis is helpful but does not mean it is 100% accurate to the next.

[cryptomanspbmgdn]

I've been tracking three analysts in telegrams and all three of them wrote yesterday that there will be a Strait of about 7200. +/-

[Dark_raven007]

I actively use technical analysis. I always get the most accurate signals on it. He gives me 83% of the profit from the whole deposit a year.

[waser12]

Only one instrument can not predict the price of crypto assets. For trading you should use complex of instruments like indicators, TA and FA, crypto news and so on.

[Ritaaa]

No, never. Sometimes people will follow the advice of an analysis that just so happens to come true, forgetting that all of them say different things and normally don't comply with each other. So with anyone making shots in the dark, one of them is bound to be true