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RE: Zcash (ZEC) Analysis: Elliott Waves & Pattern Call for Another Profitable Bull Run

in #zcash6 years ago

TA only works in markets that are deep and liquid enough. If even bitcoin can succumb to price drops when one trustee disposes of some coins, how much can we depend on TA for smaller cap coins?

It could just be a whale trap for all the small investors.

I do think TA is valuable, but this is the right medicine for the wrong patient

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TA works in market where is psichology involved:) here we have bunch of it