You are viewing a single comment's thread from:

RE: CryptoQuant says Bitcoin going to begin a PRE-BULL RUN phase [EN/DE]

I don´t believe in TA for crypto. From the past course of the chart one can´t predict the future, there are too many other factors influencing (regulatory, macro economy, whales actions,...)
Was the bull run to 68K predicted? Was the following dump predicted by TA?

Sort:  

no indicator can predict future price correctly, otherwise there will be no market. TA helps in identifying high probability trades. There are various approaches to it, e.g. check order blocks (not same as order book or order flow). Some indicators mark cycle top or bottom, overbought or oversold, range play, trend play, etc. imo TA is the best tool we have to understand charts. if you know something else, am open to suggestions :)