Technical analysis won't help you find the next 100x

[DoubleEdgeEX]

That 100x is just a matter of time, maybe you need to wait 25 years though. TA is just as good as indicators, they indicate something, it´s not a prove. If you want 100 you should bet on horse races or go in a casino.

[jajorforce]

TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next. For that you should be looking at macro indicators to get ahead of the news. But y'all aren't ready to have that conversation.

Any top altcoins can offer you 100 percent profits. If you are patient enough to wait for the big announcement of top coins. I was surprised when Vechain pumps in a short time. That's why choose all the top altcoins, or wait for a big announcement. Very effective if you can apply technical analysis for the fresh altcoins. No technical analysis, only a big partnership can help you to the next 100x.

[coolon]

TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next. For that you should be looking at macro indicators to get ahead of the news. But y'all aren't ready to have that conversation.

In this I agree with you, with the help of technical analysis, you can of course calculate the exit point with a large profit on the long term, but it does not guarantee that the price will come to this point. Since this analysis is based on the chart history. Therefore, in addition to technical analysis, you need to use fundamental analysis and so on. Recently, the news background plays a big role in price formation.

[rexxarofmoknathal]

If you want to get the next 30, 50 or 100x, then your best bet is to invest during the private sale round.

To do this, you'll usually need contacts to the project and a significant sum to invest (usually around $10k+).

You'll also need to sift through potentially hundreds of trash projects to find the one that has the chance of really popping off.

[shakesbear]

Without inside information, I think it will not be possible to catch x100, and no indicators will help here, only inside.

[Twentyonepaylots]

If you think that technical analysis will you so much facing the market's volatility you're probably be dreaming. Technical analysis won't work on decentralized network, who could have known my move? your move? whales move? and how will they move if they are so predictable? and a 100x, you'll just get this on leverage trading which is a very risky trade mode. Do your own analysis of the market, don't rely to someones prediction it would be futile for your own good if you base your decision on others. Know when to ride, don't just follow, make your own waves!

[sorrros]

Technical analysis help you to manage the risk strategy. The best traders are working with potential risks versus possible returns. So if you are good in technical analysis, you reduce the risk and maximize your profit. That is the true power of trading. 

[Zeehaxan]

TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next. For that you should be looking at macro indicators to get ahead of the news. But y'all aren't ready to have that conversation.

Absolutely, but if you are good at technical analysis and reading charts and price action then you can find the longterm support on weekly or monthly charts and then patiently hold it till multiple gains, Just take profits when the profit is enough for you there will be more opportunities to enter later.

[foxy]

TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next. For that you should be looking at macro indicators to get ahead of the news. But y'all aren't ready to have that conversation.

TA is really good for normal stock markets but in crypto, TA doesn't help that much in my experience so far the maximum number of trades I closed in profit are because of FA. FA are really good for alt markets IMO.

[DarkDays]

TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next. For that you should be looking at macro indicators to get ahead of the news. But y'all aren't ready to have that conversation.

It's true.

Technical analysis can be useful for measuring the direction of the market over longer scales, but it wont help when something has just burst onto the scene and is going bonkers.

I think far too many spend their on working on their TA, when they should actually be spending that time scouting for hidden gems that haven't hit exchanges yet, and are about to pop when they do.

Fundamental analysis is the way forward, combine this with industry contacts, and you've got a recipe for grabbing all the best tokens before anyone else even knows they exist.

[mezzaluna]

Technical Analysis is helpful BUT its the latter part of the subject which is not quite right since its really hard for Alternate Coins to achieve a 100x increase in the current situation. Technical Analysis of different platforms would really help us get knowledgeable about different kind of platforms that might have a similar bounty in the future. Although it is possible that even without studying anything, Coins would have a sudden increase of 100x and we should just be aware of that if that happens.

[TopT3ns]

TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next. For that you should be looking at macro indicators to get ahead of the news. But y'all aren't ready to have that conversation.

TA is really good for normal stock markets but in crypto, TA doesn't help that much in my experience so far the maximum number of trades I closed in profit are because of FA. FA are really good for alt markets IMO.

well, I totally agree with what you said because cryptocurrency price movements can never be influenced only by TA, cryptocurrency prices will only be able to move when there is high demand, meaning there is interaction between buyers and sellers at the exchange with more people buying bitcoin can be a very good step so that the price of cryptocurrency can go up.