06-21-2021, 01:50 PM
This sideways trend has proven that sometimes technical analysis means absolutely no
<!-- SC_OFF --><div class="md"><p>Ever since we hit 30k about a month ago TA people on twitter, reddit etc have been constantly talking about an imminent breakout either up or down, usually up, yet the market does its own thing and crabs sideways, something only a few people expected, most of whom used no TA to figure it out.</p> <p>Personally i think there is little to no point doing TA on any crypto in a market so controlled by the current BTC price action and also so volatile and sensitive to whales.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Wolf9574"> /u/Wolf9574 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o4pikr/this_sideways_trend_has_proven_that_sometimes/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o4pikr/this_sideways_trend_has_proven_that_sometimes/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Ever since we hit 30k about a month ago TA people on twitter, reddit etc have been constantly talking about an imminent breakout either up or down, usually up, yet the market does its own thing and crabs sideways, something only a few people expected, most of whom used no TA to figure it out.</p> <p>Personally i think there is little to no point doing TA on any crypto in a market so controlled by the current BTC price action and also so volatile and sensitive to whales.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Wolf9574"> /u/Wolf9574 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o4pikr/this_sideways_trend_has_proven_that_sometimes/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o4pikr/this_sideways_trend_has_proven_that_sometimes/">[comments]</a></span>Kind Regards R