Quote from: entrepmind23 on October 06, 2017, 08:18:59 AM

Quote from: Raistlinnn on October 05, 2017, 04:05:27 PM

Hello to everybody,

I have question about chart analysis. Are there any differences betwen chart analysis in traditional stock exchange and crypto exchange? Considering that the crypto exchange is much more emotional in decision making? Can we use exactly the same analysis techniques or do we have to adjust them to our crypto reality? If yes, please give me some tips what I have to change that the analysis would be more accurate.

Technical analysis still works but the difference is that there is more fundamental analysis involve like news, roadmaps and updates to the project. In stocks, there are certain prices that a trader looks at like round numbers or looking at fibonacci retracements but in crypto it still apply but more often than not it is bypass because there are so many pumps and dumps happening. Many traders are more focus on news than the technicalities of it though TA still works but it has a less percentage being effective than in stocks do. In stocks, usually the traders have large capital that's why a news that is still unverified may not move the market but in crypto, a single unverified news can move the market because of herd mentality.

I agree with what our friend said

; with the technical issues, but on our side we have more emotional communication with you. I do not think classical Trade methods will be much more effective in this regard, as developments in meetings are open to innovations or thefts, but I do not think it is too much to try and misunderstand. I Love Butterfly Effect leaves nice pips