Post
Topic
Board Trading Discussion
Re: Are altcoin price movements have some mathematical explanation?
by
AdolfinWolf
on 16/05/2017, 16:35:55 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. RSI or MACD used for crypto is disappointment.
So what would you look for instead then? Things like developments or partnerships of coins that coin cause FUD? Is psychology the most important factor to determine if the coin will go up or down?