Quote from: spongegar on October 31, 2018, 01:35:07 AM

I have to agree. All these technical analysis is merely a technical term for a guess. I myself do this but backed up with trends from way back. And i still get it only 2 in 5 times at a time. I guess you can use a technical analysis as maybe a suggestion when investing but all in all we all should just read up and analyse ourselves the coin we are investing in.

Technical analysis have been alive even before cryptocurrency came into play and has been a guide for most traders to always anticipate for what is next and that makes me wonder why anyone would think it is a problem.

Whether we like it or not, we will always have institutional investors, whales and retail traders, who will always want to take advantage of market fluctuations and those fluctuations are just a part of the market that has a lot to do with demand and supply, and there is absolutely no way you will not have to see technical analysis coming into play.