Post
Topic
Board Trading Discussion
Re: Are altcoin price movements have some mathematical explanation?
by
Slark
on 16/05/2017, 16:23:49 UTC
Op, don't pay attention to technical analysis. It is not a good way to evaluate crypto market.
It maybe good for other assets like stocks, but crypto is just too volatile to measure by most technical indicators.
They were created long time ago to explain movements behind far more stable markets, Forex etc.
RSI or MACD used for crypto is for the most time a disappointment as these indicators often lags.