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RE: Bitcoin (BTC) Evening Update: Sideways Price Action Could Look Like This
I'm doing the same. his TA has no use in this paridigm. crypto is new technology with huge volatility. Don't get me wrong, TA has its place in a stable market but the clue is the word stable..
Will he try to intimidate me for writing this in the comments???
my gosh, cryptos like any other tradeables have one major thing incommen: the price is driven by human sentiment. EW is a tool that reflects human sentiment. The only problem there is in EW is that corrections are very difficult to predict, when you are in the actionary waves on the other hand EW works perfectly (for pointing out the tops as example).
your comments are 95% full of shit and show a massiv lack of knowledge, why you even bother to share you bs if you clearly have no idea what you are talking about?
It's the only way to see if a Technical Analyst is good is to track his performance.
But it seems that he doesn't want his performance tracked.
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