Quote from: Betwrong on Today at 10:36:32 AM

Quote from: Deddyhoku on May 04, 2024, 08:36:37 AM

The only real answer - no one know what will be next. TA is not working in crypto. However, everyone is hoping that we will see the bright future in the end of the year

I have the same impression of applying TA to crypto currencies. It's "working" but only randomly, like the proverbial broken watch that is right twice a day. But we can hope for two things yet: that we'll somehow invent a TA that will be working with crypto and that, you are right, our future is bright. Maybe even before the end of the year we'll see some nice tendencies.

Despite the unexpected drop in the past few days, we're still positive about it and this drives us to think that this year ends with a good price position.
Yes, TA doesn't works all the time due to the volatility of the market but still, this tool plays some important roles. Even if it was just like this, I and many holders/investors still make use of this in the hope that they won't fail in making decisions.

After halving the price trends seem not to look good but I believe that the history repeats itself. The new ATH comes a few months after halving like before.