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July 02, 2018, 09:02:56 AM |
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I guess they're better than nothing, but no kind of technical analysis can ever predict sudden news or developments, which can cause drastic movements by themselves. For some perspective, whenever a significant price drop or rise comes, everyone is so quick to ask what caused it, and no one ever has a definitive answer. Crypto price movements are unpredictable as a whole.
If you still want your decisions to revolve around analysis, I would simply suggest you play the odds and use the methods which work the most for you. There's no real reason to swear by a single one either. You can look at all of them and make an informed guess from there.
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