Based on some freshly read articles of famous bloggers who are engaged in technical analysis of the market, I can say that the positive phase of the market has come.
I judge not by bloggers, but by the value of coins in my portfolio. And I think that so far there is only hope for growth...
Yes, sometimes bloggers made a lot of fake predictions and people loose money becouse of this.
TA's most simple figures are logical, but everything besides that in TA is mostly like horoscopes. It's based on assumption that random trajectories will somehow correlate with coming events and this events will repeat and repeat
Some people says that TA doesnt working in cryptocurrency market but actually, I dont believe them.
Works, but believe it is not always possible. The market is young and still highly manipulative.
I also think that TA is working everywhere but cryptocurrency market has a lot of speculative investors.
Therefore, a question is soon brewing.How not to fall into the category of deceived?
Maybe they all go through the verification procedure and publish public data?
Of course not!
If such an application could be done (with verification), it would be great.
What else? Maybe we should use banks? Or give SEC authority to make laws on cryptomarket?
No offence, pal, but with such views you'll better fit into traditional market. Crypto is all about freedom - and freedom to trade is one of them. Even centralized as hell CZ understands it.