Quote from: hunkster on January 30, 2014, 01:59:03 AM

Quote from: ergou on January 30, 2014, 01:52:56 AM

Quote from: niothor on January 30, 2014, 01:49:24 AM

Quote from: hunkster on January 30, 2014, 01:36:38 AM

What is TA?

Quote from: clappen on January 29, 2014, 11:19:09 PM

Quote from: ltcnim on January 29, 2014, 11:09:18 PM

I suggest not to pay too much attention to the charts. it's just pump & dump. it may spike up, and it may spike down. the volume has lost over 50% in the last days on cryptsy. it just looks like no "regular" ppl want to buy at those prices. so we might have small 10-15satoshi windows to trade with. but it may also be, that the big guys dump soon, to cash out, because the market is too slow atm.

A bigger problem is, yes, that this is a unregulated market, which means that whales (could) manipulate the price very fast and quick, but nevertheless Ive found out that TA's is very applicable in cryptos. Ive been doing this for bitcoin, with much succeed and for the past days for doge, and mostly the TA's correspons to the charts. I think many whales uses TA's (doh!), but then there's those greedy bastards that dump and pump for quick dollars. Not really good for the market.

And we just rocketed past 190. wonder where this will leave us. Grin

The toy of people who think they are smarter than hamsters.
Technical analysis.

Proven wrong 1000 times per month for cryptos in the wall observer threads.

ya i think so, just hold, that's it. very simple for cryptos

Technical Analysis? Hmm I didn't think it would work for an unregulated market where coins are still being actively mined and dumped. Wouldn't that be a huge stumbling block in any forecasting activities?

It doesn't.
Most people that have done trading based on TA have lost lots of money lately.
You can't predict a 10% dump based on some bad news from Russia or a avalanche of buy orders after a company adopting cryptos.