Flaws in Charting (Price Prediction Schemes )

in #crypto8 years ago

Recently been following some folks on Twitter and Youtube during the immense pullback around Feb 5th & 6th and noticed how flawed the price predictions were on these channels.

NO ONE can predict the the future prices of Bitcoin, ETH and the other Alts because it is not possible. Be weary of folks who are trying to make hard predictions for views. I do believe charting can insist in helping with TRENDS which are vital in understanding where the market may lean. Overall the Elliot Wave and Fibonacci are tools in helping finding these trends. Experts can't predict when a Whales decides to buy in or sell out in the Crypto Market.

I hope you guys enjoyed this blog as I am just here to help you see the big picture.

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