/QTDDTOT/

Bots fuck up TA on purpose.

>>2473763

technical analysis does not work, period.

>>2473785
But isn't algo trading a form of TA?

>>2473763
Bots and whales know people doing TA are going to predict will happen. So they try to manipulate it and do the exact opposite. They know that. They know where your support lines are and where all the people with analysis have set their stop losses, etc., so they purposely drive the price below these points and buy cheaper when other sell, etc.

Forget TA in crypto because it's all psychological manipulation and the whales are 2 steps ahead of you.

When people react to the whales are start to "fight back", the whales counter-react. It's all psychological manipulation in a market where a few people hold most of the coins, which this is.

>>2473826
While this is true, I find ta very helpful in riding the waves and scurrying between the whales.

Charting for a 10-30% bi-daily profits in a very volatile bull market is working nice for me.

>>2473901

Me too - although as to scurrying behind whales it's recognising what they're doing fast enough.