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RE: Steemit Crypto Academy Contest / S4W1 - Crypto Market Technical Analysis by @preye2 (#Burnsteem25)
It equally help traders to correctly identify support and resistance zones.
Yes that's true . In addition to support and resistance, other levels and patterns like trend lines and patterns like head and shoulder and numerous other can be found .
lagging whereby producing late signals
Yes that's problems with majority of indicators .
Good luck
You are very correct my friend, lots of other levels and patterns can equally be formed when the market is technically analyzed, and all this gives traders an edge over the market. Thanks for your remark and precious time here, I really appreciate ❤️