is any of this stuff you can display on bittrex (CCI, momentum index....) useful for trading? never see it mention here
someone with finance knowledge aware me plz
no not really
MACD is very helpful
>>2292941
TA only informs you when is the right moment to jump in/out when you want to do it anyways (based on fundamentals)
trading only using TA will make you lose everything as it alone has no real value
ask yourself why academic professors aren't trading millionaires, when their mathematical skills are far far better than any of those bullshit indicators
>>2292980
This. Ignore TA. You'd be literally better off just picking the coins with the most memeable mascots.
>>2292951
how so? is it due to how volatile the market is?
>>2292999
Normal stock market theories don't really apply on something as new as cryptos.
>>2292980
knowing when to jump in/out won't hurt though
any quick guide what to look at here?
>>2292999
it's really only good for short term margin trading.
>>2293015
and it's only good till longer trend bends over, there is nothing worse than to make 10 good 0.5% trades and then market reverses making you lose 25% or making you a hodler
every short-term trader eventually loses more than he gained
>>2292941
because it doesnt help.
>drawing le meme lines and trying to predict the future
are u really that retarded?
i follow this since like 4 weeks.
all these fancy crypto gurus on twatter and elsewhere, drawing le meme lines, actually didn't predict shit and are wrong 50% of the time.
same as myself. im wrong 50% of the time too.
and all i do is buying stuff thats shilled here and gut feeling.
>>2293012
to be honest, if you are not good in math then don't bother
magic indicators are only transformations to price that you can see with your bare eyes anyways
what is more, they are volatile to some math problems and can be misleading many times if you don't really understand the formula behind them
just looking at price, relying on supports and resistances + fundamentals will take you 10 times farther than any (if RFI < 30 -> buy), trust me
>>2293093
what's RFI?
I use ichimoku cloud for trading crude oil futures and natural gas futures. Should work well on crypto