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RE: Are Candlestick Charts Useless?
Good quality written article.
Question: Wouldn't current crypto market considered too volatile to be considering using these tool?
As more often than not there are actually "whales" that are manipulating the markets, and definitely they're not really following the candlestick etc.
Thank you for reading and commenting!
I firmly believe that you can analyse all markets. However, you're right in that crypto is easier to manipulate (due to the distribution of wealth in the crypto space). Another thing worth noting is that crypto has only jsut become a two-way market (with most individuals still net-long), which may distort the market mechanism somewhat.