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RE: Portfolio Tracker - Monthly Update - Beating the Market for the Month of August
Do you think these markets are ripe enough to be subject to technical analysis? In my eyes cryptos are mostly news driven, have little measurable fundamentals and are extremely difficult to asses in any meaningful way. I maybe wrong though...
https://steemit.com/bitcoin/@maarnio/bitcoin-technical-analysis
These are some of the cleanest wave counts that I have seen in Bitcoin.
There is also a clear 34 week cycle in Bitcoin:
https://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2016/04/01/Major-Cycle-Influence-Nears-for-AUDUSD.html
I agree with maarnio, crypto markets seem to conform a bit better to technical analysis than legacy markets such as stocks, bonds, and commodities, although there is not a huge difference on a longer term time frame.