Post
Topic
Board Trading Discussion
Re: Crypto Charts Are Garbage
by
Findingnemo
on 29/02/2020, 17:08:28 UTC
Anyone sick and tired of articles citing charts? I’ve been in stocks for 10 years and I know how to read them. Bitcoin/crypto isn’t candle based.
Technical analysis don't give you 100% assurance on price movement because crypto prices are highly volatile and often goes with manipulation by whales so it will not follow the price charts always but when the market is in sideway for too long then your TA can help you to make more profits.

Crypto price prediction never works. Bull market or bear market strategy do not work. It only helps to minimize your losses. I personally do not consider them 100 percent viable way to analyse the market. You need to consider other aspects such as news.
I am talking about side way means the price sticks to particular region for too long but still have the daily price swings of 3 to 4% which makes the TA to be more effective than bear or bull trend.