Quote from: noormcs5 on February 21, 2018, 01:20:57 PM

Quote from: Melomory on February 13, 2018, 10:58:36 PM

Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?

It is depend on your analysis also some time we get profit by technical analysis on crypto currency but every time technical analysis not work properly. I use it but mostly i see some predictions and i guess if you do trade with predictions wise then it has more chances to make profit on crypto currency market.

I do trade on stocks (but not full time) before I trade here in crypto. There are so many books in stock trading and yes, technical analysis can work in stock trading because companies are too centralized, and I know some people who trade stocks. It is a very different story here in crypto, in these last few months I am observing how the technical analysis can predict the prices, or how close it is on a target price, then sell and buy are an unpredictable line. No one can know millions of decisions, the only thing that they can do is do some panic, selling so that people will ride the waves and then but the DIP and sell at the all time high. See some support in order to keep safe, but BTC in three months from now?
Even a supercomputer won't be able to know that