Quote from: Utoy101 on March 02, 2020, 08:13:51 PM

Quote from: prussg on February 28, 2020, 03:04:24 PM

Anyone sick and tired of articles citing charts? Ive been in stocks for 10 years and I know how to read them. Bitcoin/crypto isnt candle based.

I really agree with you on this, a lot of the so called expert have lost their reputations due to failed Technical Analysis given over many times. To my understanding, i think cryptocurrency prices are more control by the potentials of the project behind it than the assumptions of it's traders. Sudden annoucement and project development can greatly influence token/coin price thereby rendering the chart useless. I think this is what causes major failure of technical analyses

The OP dependent only technical analysis not minding any sudden announcement made with regards to that particular coin would definitely defies any forms of TA especially charting techniques.
In stock markets there calendars of upcoming news which service as a guide to a trader thus enabling a trader to trade with caution whenever a pronouncement that can influence the price movement is made, of cause such is missing in crypto markets fundamentals is the prime mover of prices of cryptos.