07-17-2021, 11:47 PM
Where has all the technical analysis gone?
<!-- SC_OFF --><div class="md"><p>Most major crypto currencies tanked 50% two months ago and then have gone sideways ever since. We all know this.</p> <p>But has anyone noticed how few technical analysis posts they are seeing during this recent period?</p> <p>There was 'death cross' references a month ago, but we are still basically at that same price now. It ended up being a nothing-burger.</p> <p>It's almost like... the previous chart history in a liquid, dynamic, and ever-changing market (with pretty regular major news) doesn't actually mean much for the future price?</p> <p>I just find it interesting that most TA advocates use it to (usually) justify positive predictions. But all seems to go quiet during periods of boringness / reductions.</p> <p>Or maybe the negative TA posters don't get noticed as much and I've just missed it.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Raver223"> /u/Raver223 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/om0msq/where_has_all_the_technical_analysis_gone/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/om0msq/where_has_all_the_technical_analysis_gone/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Most major crypto currencies tanked 50% two months ago and then have gone sideways ever since. We all know this.</p> <p>But has anyone noticed how few technical analysis posts they are seeing during this recent period?</p> <p>There was 'death cross' references a month ago, but we are still basically at that same price now. It ended up being a nothing-burger.</p> <p>It's almost like... the previous chart history in a liquid, dynamic, and ever-changing market (with pretty regular major news) doesn't actually mean much for the future price?</p> <p>I just find it interesting that most TA advocates use it to (usually) justify positive predictions. But all seems to go quiet during periods of boringness / reductions.</p> <p>Or maybe the negative TA posters don't get noticed as much and I've just missed it.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Raver223"> /u/Raver223 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/om0msq/where_has_all_the_technical_analysis_gone/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/om0msq/where_has_all_the_technical_analysis_gone/">[comments]</a></span>Kind Regards R