Post
Topic
Board Trading Discussion
Re: this lines dont work anymore
by
MonsterV
on 29/07/2019, 08:08:26 UTC
ok I learnt technical analysis and using that I was making profits too, after some days I was busy with my exams and stopped trading for some days and now i see technical analysis is not working for me fully confused , if I start doing analysis I get a headache now

Technical analysis is not a key for us to become successful in trading whether in Forex or crypto.
TA can only give you guidelines or pattern to earn but not precisely it will be happen anyway.
So If I were you, you must base your actual trade for what is the fast moving in the graph and has a great
volume.

Well, especially trading in the crypto market, it will be very difficult to use technical analysis because the crypto market moves unpredictably especially when the whales arrive. Some traders are indeed wrong perceptions of the line, especially beginner traders, they consider a line that they make can accurately predict.

Whatever line or indicator is, no one has the right prediction. It all only helps us analyze and consider where we should open positions. And sure enough, I have a community where they have been trading for a long time in crypto, every day they share their technical analysis about a few coins but not a little of their analysis fails, so you already know the conclusion.