Post
Topic
Board Trading Discussion
Re: what is point of Tehnical analysis?
by
stomachgrowls
on 24/07/2021, 15:31:00 UTC
Sideways trends have proved that technical analysis doesn't always mean anything.
Analysis is also important, in the world of trading, especially the crypto market, the analysis is divided into several parts or more clearly with the understanding and techniques used, of course there are differences, if in crypto trading it is called mathematical analysis and movement of crypto activities in the market, such as sorting, parsing and so on, the criterion is to be sure of the current and future movement of crypto.

If you don't understand about analysis, it's relatively new and useless, but some analysis people have a good purpose in knowing, to do and to achieve profits in the future, overall in the crypto market analysis is very important.
There are lots of key areas on which analysis do really cover out and we have seen different types and different approach into it and its true that technicals arent really everything in crypto space.

We have seen that technicals doesnt work from time to time and this is where other analysis do sets in but there are really times that you cant do anything since the market isnt showing anything
when it comes to signals or possible price movement or simply when its moving sideways.

I dont know on why people do doubt about it, if it turns out to be useful on most people then why wont really be considering on using it instead?