Post
Topic
Board Announcements (Altcoins)
Re: [SDC] The Shadow Project | Anon POS | Market* | Thunderclap 1,3M+
by
snip60
on 14/05/2015, 13:09:38 UTC


i find it really funny to use technical analysis at such an immature altcoin market with such a low volume

one small whale, can ruin the formation buy selling couple of btc worth shadow

before you, there was a guy who was counting A-B-C-D pattern for shadow, and told him the same...

then he stopped following TA, because he also saw it is nonsence i gues

 Cheesy


just 2 simple lines which shows the peaks and the bottoms...it is not TA

i dont count any pattern here... it just shows that it is about to break up or down

that guy was looking hourly bars which can be manupulated easily by whales

the graph i put is since the beginning of sdc and daily bars, it gives better idea

everybody can look at the graphs, but they all see different things

ps: you are a hardworking guy, you re trying to do your homework good, i like it.

"Technical Analysis is the forecasting of future financial price movements based on an examination of past price movements."

Don't worry, it doesn't take much hard work to expose your posts as nonsense.  Cheesy