Quote from: nydiacaskey01 on May 31, 2018, 04:53:23 PM

Quote from: Bountydate on May 30, 2018, 04:05:27 PM

Hello guys, i have any questions about technical analysis. What are the most effective tools for technical analysis? And what do you advise me as a novice trader yet?

What works for others may not work for you, it depends on the trading style and their appetite for profits. For me I use , Bollinger Bands, RSI and Parabolic SAR. Bollinger Bands tells me where the price is heading and up to how high it may reach. Parabolic SAR gives a signal if its time to Buy or Sell while RSI tells you if the coin is over bought or over sold. Works for me 85% of the time.

Like he said, if you are referring to an indicators then these BOllinger bands and RSI are accurate. But to tell you honestly, whales are hard to predict. I still didn't try Parabolic SAR. But I am using STOCHASTIC and RVGI. MACD are also useful as it aids as the trigger entry point. I'm still a starter that is why my TA (Technical Analysis) were most of the time fails. Hope I can cope up my loses and I still need to study more to boost my TA.