Post
Topic
Board Announcements (Altcoins)
Re: [DVC]DevCoin - Official Thread - Moderated
by
unclejed613
on 10/02/2014, 04:23:40 UTC
Its cool and we can use gann numbers to come up with support and resistances.. once people find useful information it will become a hub to find outthe market status of a crypto. Also related news for each crypto with links.

Ie for maxcoin give the link to the video where max kieser first talks about the coin after release as people are waiting for this still eagerly..
A decent regular market outlook would be good. I think most technical analysis is voodoo, but it's popular so it needs watching particularly very short term where most voodoo people seem to play.

technical analysis can give you some basic idea if there are cyclic variations, and some idea what's " normal", but without qualitative analysis, yes, it's voodoo.... for instance, i have been sitting on 8 sell orders of 1000dvc each for about a month. while the normal trading range seemed to be dropping (the voodoo would have said to cancel my more ambitious orders, and cut my losses) i just let them sit... sure enough, DVC went up enough to execute 4 of my sell orders (with about 30% margin) and am within "spitting distance" of 3 of the other 4. you see, the qualitative part of the analysis had a press release a couple of days ago, plus a new influx of writers just before this round's deadline, plus the start of a new round... so i hung in there rather than cancelling orders that the "voodoo" would have indicated cancelling....