Technical Analysis is completely nonsense at Crypto world

[Sugibengi 390]

On 4/19/2020 at 4:56 PM, Naylor89 said:

I never saw anyone predicting anything right on Tradingview. Just lines and triangles and it did just do the complete opposite of what they were predicting. Also My years of trading cryptocurrencies have showed me that TA is nonsense. Is it different your experience?

In trading, I need predictions, and I use technical analysis as predictive material. Sometimes predictions are wrong, but we must use these predictions and analyze with various methods, such as technical analysis and fundamental analysis. I think both of them are very useful for my trade, depending on each person maybe different from me.

[Sanghar 1]

As it will not be wrong to say that, it is not easy to be in this highly volatile market, and many analysts' predictions are wrong but they are always very close. You cannot say that technical analysis in crypto is meaningless. How can you work in the crypto world without technical analysis? Then you lose a lot

[Solex 2262]

Maybe you need more tutorials on how to access and earn good profit in the Cryptocurrency marketplace using the technical analysis. Technical analysis is good and i believe experienced users will not call it nonsense because technical analysis guides to the direction of the market and you will know the right time to sell your coins for good profit.

[DiamondBit 720]

Technically analysis is not nonsense at all, your topic is completely wrong, and if you want to gain in trading, be it crypto, forex or stock the first requisite to that is technical analyses but you may want to stop learning it but know that it will be difficult to even trade. 

[Yomose 3704]

On 7/17/2020 at 4:28 PM, Solex said:

Maybe you need more tutorials on how to access and earn good profit in the Cryptocurrency marketplace using the technical analysis. Technical analysis is good and i believe experienced users will not call it nonsense because technical analysis guides to the direction of the market and you will know the right time to sell your coins for good profit.

To be serious, the guy need more tutorial, he knows nothing about technical analysis at all, that I why he posted wrong topic. He needs to sit up right and learn technical analysis or he should not trade at all. No such no trading. 

[Solex 2262]

On 7/20/2020 at 8:40 PM, Yomose said:

To be serious, the guy need more tutorial, he knows nothing about technical analysis at all, that I why he posted wrong topic. He needs to sit up right and learn technical analysis or he should not trade at all. No such no trading. 

Yes because trading need understanding and one have to calm themselves in other to avoid confusion while learning and the problem is that most of them run out of patience forgetting that learning is a gradual process.

[Yomose 3704]

On 7/21/2020 at 10:36 PM, Solex said:

Yes because trading need understanding and one have to calm themselves in other to avoid confusion while learning and the problem is that most of them run out of patience forgetting that learning is a gradual process.

Yes, many lack patience but if even patient but lack knowledge and experience, that is another issue. Some people do not know how trading works but just like to trade and the results are losses. It happens to me when I started to trade, I was patient but still lose because I have not leaned trading fully. 

[Solex 2262]

10 hours ago, Yomose said:

Yes, many lack patience but if even patient but lack knowledge and experience, that is another issue. Some people do not know how trading works but just like to trade and the results are losses. It happens to me when I started to trade, I was patient but still lose because I have not leaned trading fully. 

Sorry for the loss mate, we all have to understand that patience is the key to success in trading field especially the newbies and only when we attached it to our experience and knowledge about trading we will succeed.

[gourav789 2834]

prediction is not going wrong , if we have a good knowledge in analysis of crypto market . this is pretty well if we create our own analysis instaed of believe in other prediction . 

I believe that their is only 50-70% analysis who is true and going fine .

[Strygwyr 317]

On 4/19/2020 at 5:56 PM, Naylor89 said:

I never saw anyone predicting anything right on Tradingview. Just lines and triangles and it did just do the complete opposite of what they were predicting. Also My years of trading cryptocurrencies have showed me that TA is nonsense. Is it different your experience?

Yes, completely different.

Those technical analysis are very good skill that a trader should have.
You analys the market using different tools.
These tools will help you to decide when to buy or to sell.
It most of the time makes sense.
Through those technical analysis, you can make a more rational decision.
 

[awwad 74]

There is other way to analyze coins called timing analysis, you must learn it and analyze coins using these two analysis (technical analysis and timing analysis) to make better decisions and experience. 

[Wanderdark 2178]

When I draw the tech analysis charts, supports, resistances and breakout setups, I almost always notice that the price usually bounces from supports and return from resistances. And when the resistance is broken with high volume, it continues to rise, makes a retest and then pump. If technical analysis is useless, how most of the time this happens?

 

On the other hands, the price rises and drops are almost all of the time depend on the price movement of BTC . So when BTC makes an irregular price move, the previous charts become obselete, in this you may be right. 

[talattabi06 2]

Teknik analiz, kripto pazarında çalışır ancak farklı ayarlar ve farklı yorumlarla çalışır

[drmustafaunal 10]

especially for new defi coins, technical analysis do not work.

[kengman 34]

Technical analysis (TA) is a form of analysis used by analysts who believe they can predict future stock performance based on past trends and patterns.There are successful traders using this technique. Last time i watched a video about digital market

[mohammedshrief1554 41]

Since anybody posts at tradingview and cases to be a specialist you will discover anything. There is no thinking behind 99% of these forecasts and I'm certain that the majority of these dealers don't have the foggiest idea what they are doing. The utilization of devices is for sure circumstances and by one way or another they figure out how to utilize 5-6 apparatuses for all events, which is on the grounds that that is the thing that they've learned. What is really the most logical demonstrated technique in foreseeing costs is the moving midpoints. Likewise I would recommend to skirt all tradingview specialists and don't include any of them in your arrangements.

[Backtomiami 45]

Technical analysis techniques are applicable to standard markets, but naturally not suitable for the unpredictable world of cryptocurrencies. Especially at the moment, when the market is dominated by decentralized coins, the cost of which is generally impossible to predict. Another thing is with stablecoins, they are amenable to many techniques and you can really use patterns here.

[Abdalrazig 1865]

I don't agree with you technical analysis is not a waste of time, nobody only depends on it to predict price of a coin, it is a part of the process, there also fundamental analysis and self discipline. Linking the dots will get you to the right prediction.

[Calvinpriva 17296]

Technical analysis they help in some point, I've been using trading view for a longtime and honestly, i can't say it didn't helped me at all! It depends with your skills as well, because only TA isn't enough to predict the price of any coin, so to you'll have to use your skills as well.

[Jeje17 101]

We cannot do without technical analysis because it is very important and useful in trading cryptocurrencies despite market fluctuations. And if he fails once, this does not mean that we leave it and remove it, otherwise we will always lose our money

1 hour ago, Calvinpriva said:

Technical analysis they help in some point, I've been using trading view for a longtime and honestly, i can't say it didn't helped me at all! It depends with your skills as well, because only TA isn't enough to predict the price of any coin, so to you'll have to use your skills as well.

Yes, what you said is true. Success in trading requires skills, gaining experience, training, practice and application on the ground

[Shaza Ahmad 1682]

Technical analysis cannot be relied upon alone, because it often fails if it is not accompanied by a volume analysis, Elliott wave analysis and other important indicators in order for the analysis to be complete and correct as possible.

[Onden 2098]

In my opinion, technical analysis really helps me in trading, it is widely used by crypto traders and stock traders. This is an analytical technique as a material to predict future prices, sometimes the predictions are wrong, but we don't need to believe 100% of the predictions.

[duncun007 3577]

On 4/19/2020 at 12:56 PM, Naylor89 said:

I never saw anyone predicting anything right on Tradingview. Just lines and triangles and it did just do the complete opposite of what they were predicting. Also My years of trading cryptocurrencies have showed me that TA is nonsense. Is it different your experience?

you are saying this because you still dont fully understand the way technical analysis work, its not just lines and triangles, because these lines are actually showing where the resistance and supports are for the coin.

[Yomose 3704]

9 minutes ago, duncun007 said:

you are saying this because you still dont fully understand the way technical analysis work, its not just lines and triangles, because these lines are actually showing where the resistance and supports are for the coin.

Or maybe because the topic starter has lost to trading, it could also be the reason. But we all traders do know how important technical analyses is. Without it, I do not think people will like to trade cryptocurrencies, commodities and fiats. 

[Tine0313 3053]

Well technical analysis may be a basis of how they will react on crypto trading. So i think it is not fake because we all know how volatile the market is. It is good to trade with basis than nothing. Additionally it is only a guide for trader if they will follow or not.