...when there is a strong sentiment about any coin whether it be a positive or negative technical analysis doesnt work.
I think that the above can be miss leading in my view so that newbies don't just dive in like that when they see or feel sentiment is taking over the market. Even a careful study of TA would still show the direction of the market or sentiment. I have noticed that too, I feel TA won't just be redundant when sentimental traders come in.
But the problem I faced while doing sentiment analysis is, it takes so much time and effort to continuously watch all the news on different social media to find out the sentiment
Yes it is not easy to research on what will make you successful. It is worth it at the long time but if you don't do your research, you will keep begging the market.
