Post
Topic
Board Trading Discussion
Re: What you don't know about Technical Analysis
by
pixie85
on 21/06/2020, 20:33:40 UTC
Great explanation OP, but how does it relate to cryptocurrencies. We're talking about a market that is overwhelmed by the number of bots and wash trading. My opinion is that TA in cryptocurrencies is very limited and works out well in identifying bull amd bear markets but not in short-term moves.

Using your language we're in need of those dynamic traders. Bitcoin trading in a 9000 channel looks like it has no real depth just bots buying and selling the same coins over and over.