technical analysis- theres so many variations of patterns and graph scales that you can make almost anything line up when doing TA.
I associate TA with sales pitches, which usually triggers the skeptic in me, its a powerful sales tool for visualising what would be very hard to explain using words. a lot of it seems to just be graph porn though, very selective graph porn given how different a graph can look depending on how zoomed in or out you are.
random shapes and lines surely dont work in the ultra fast paced and manipulated crypto sphere?
can sonebody point me to an online source that validates TAs ability when modelling the future? all I can find are people shilling their scammy ebook or course no matter the search term
>>3067427
ta is just a tool to see where other people are buying and selling based on psychology
think about it and you will understand why it works.
>>3067427
why bother with ta when you can just buy a bot and have it tell you when to buy/sell?
Contemporaneous trading platforms rely more on heatmaps and microstructure analysis. TA is old, always lags, and unless you are trading with strong fundamentals, you'll end up getting rekt eventually.
>>3067482
this is my instinct, it doesnt work with the speed information is being accounted into a market today
>>3067464
any source of somebody using TA to predict the future, that isnt a sales pitch?