Am I the only one that thinks looking for patterns in graphs

>>2643618

Nope, it is retarded.

Unless you have insider knowledge that some millionaire/billionaire or a large whale group is going to buy up a certain coin you have nothing to go on.

File: Screenshot_2017-06-24-16-22-52-1.png (185KB, 1600x415px) Image search: [Google]

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>>2643618
Bump

There are SOOOO many points of data of largely different variables.

Literally anyone can zoom in or out in order to acquire the shape of his/hers desires.

Then post meme triangles.

The only point of this is to sway the general populace in your favor.

>>2643618
Most TA is useless. Trendlines are worth watching though as many do follow obvious trendlines. How price reacts at them can be telling.

>>2643618
from what i've read about finance the only accepted use of Technical Analysis is to help determine entry and exit points in markets when(and only when) used in conjunction with Fundamental Analysis

>>2643618
TA is a self-fulfilling prophecy.
It will only work if the people who hold vast sums of money buy into it.

ITT: retards who read some shit on the internet and cant into psychology. Stay poor.

>>2643784
this

which is so fucking awesome

it's like a secret code

TA, by and large, doesn't work.
Fibonacci is a useful indicator though.

>>2643769
Retracements are also useful to set stops.
But I agree, they only work because people use them. You have to use the indicator that the majority of the market uses at a given moment.