Post
Topic
Board Trading Discussion
Re: Crypto Charts Are Garbage
by
dunfida
on 03/03/2020, 23:56:48 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.
I can see candles on the chart of crypto so I think it can be based on that. Even if there’s a big volatility in cryptomarket, i still depend on its chart to see the price movement and as a trader, I really have to rely on that. Candles in stocks and cryptomarket are different because of its volatility, but it still have the same concept.
It indeed on the same concept and i do heavily agree on what have said above that its better to make use of technicals rather than trading blindly
because you are just basically doing gambling in that case.

Trash for others but this one is a gem for some.I do rely also on technicals but i cant really deny that volatility can anytime wreck your Candle stick readings
unexpectedly and on high intensity.