Quote from: virasog on Today at 05:01:58 AM

Quote from: trickys on October 19, 2021, 03:41:51 AM

Do you use technical analysis when you trade bitcoin?
If yes, what are the best strategies? Bitcoin is so volatile now.

What do you mean by the term "Technical Analysis" ? If you think that TA with the indicators works, then i am afraid it does not work.
The reason is that the all the indicators are lagging and none of them is a leading indicator. If you want to learn TA, then you should only know the price action theory. Its the price action which drives the market.

I'm sure anything related to indicators is what he meant. TA can be of great use for anyone who wanted to earn money by trading coins. He is asking strategies though which perhaps one could just generalize by saying buy low sell high.

But learning indicators is really a huge advantage being a trader because being equipped with this knowledge you would know when to sell and when to buy. My strategy is actually just identifying the market of the coin if it's overbought and oversold.