Quote from: yanto@1977 on September 10, 2018, 06:07:21 AM

Quote from: VegasJeff on September 09, 2018, 09:09:51 PM

Looking to get into crypto trading and I'm curious what tools do you use for technical analysis?

I only use technical analysis to create strategy day after day, never use fundamental analysis. MACD, MA and SO is my technical combination but always use long term period to calculate my stop loss and take profit area. Even not always have big profit but learn about market works is fun and make me smart.

Normally, as long as news will not work for the movement of the market, I really do not see any reason why someone should be focusing on it to trade the market which is the reason why a lot of people simply do not rely much on fundamental and probably might work a little bit during an uptrend anyway. The best to use as far as I am concerned is candlestick pattern.

You really do not have to load up your chart with so many indicators, and then you are able to do your simple analysis when it comes to identifying supports and resistance, the reaction of the candle in terms of trend reversal within those points and so on. Probably, one can combine it though with RSI to be able to view the momentum within those zones.