Post
Topic
Board Trading Discussion
Re: Is technical analysis useful?
by
abayan
on 14/05/2018, 14:45:43 UTC
In my opinion TA is useful for the crypto market but we need more steps to make it easy to use. I have tools like CryptoHopper and you can make good profits from it - mostly in side markets.
Be very careful in order to not loose money. I have experienced that is is often useful to look up your strategy in the trading forums. On some days I even made 1-2%. But when the market goes down very fast you should have a good trigger  Wink
In what you are doing or using, i think technical analysis is useless because it was only by a bot and you will not going to learn on it. Your trades is all set by your own self. Technical analysis is very useful if you are the one whose making and analyzing every chart and price movements based on whales.