Post
Topic
Board Speculation
Re: Technical Analysis Without Technical Knowledge
by
thejaytiesto
on 27/04/2016, 16:03:01 UTC
So we may be nearing a critical point (no pun intended) where the bull market either 1) accelerates (steeper trend), 2) jumps up to a higher trend-line 3) drops to a lower trend-line or 4) ends.

So TA tells us that at some point the price will either go up, go down, or stay the same. Very insightful.

Well this is pretty much what all TA does unless you also add fundamental analysis to it, because technical analysis without the fundamentals is pretty useless in my book, you just can't live off making lines in a graph without having into account the context of the situation, and the situation is as positive as it can get for Bitcoin right now, so the general consensus is a bullish one, what we are seeing is yet another correction, general trend is obviously UP.