Before you jump my bones, hear me out. I think technical analysis is great if you know how to apply it for your own investments. However following people blindly on their TA's will only end up with you losing money. They are hyping you up with unrealistic numbers to get views and attention. Using Technical analysis with stocks is different because there is a lot of liquidity and normality. Most of the coins out are of projects that do not even have a finished product but are worth billions (cardano) is one of the main examples. I think Cardano will be great once it is officially released but were valuing this coin at $15b when in the programming could fail and all the speculation will go into the dirt. I do not beleive that will happen but honestly anything can happen. Moral of the story do your own research it will benefit you in the long run especially if you continue to practice you will become a master.

Congratulations @flico! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP