Ah there’s a place for technical analysis. It’s not gospel and should never be relied on without safe guards in place to manage risk, but there’s definitely SOMETHING there. Can still get screwed in the end either way anyways so it really doesn’t matter lol. Just DCA and chill. Timing the market is a fools game.
Nappingspider on
Autistic horoscopes lol
Particular-Fall-3194 on
bitcoin is heavily traded, traders follow trendlines. with that said, if i have to see another bear flag stretched to oblivion on X and some “you are not ready” nonsense i might snap
InvestaHepps on
I kinda get what you’re saying tbh… a lot of TA gets treated like prediction when it’s really just people trying to map behaviour after the fact. Feels like the part that gets missed is that price doesn’t really move because of lines, it moves because of positioning and liquidity underneath.
The lines just end up reflecting where people are already leaning, which is why sometimes they “work” and sometimes they don’t…
5 Comments
This post is a bottom indicator.
/s
Ah there’s a place for technical analysis. It’s not gospel and should never be relied on without safe guards in place to manage risk, but there’s definitely SOMETHING there. Can still get screwed in the end either way anyways so it really doesn’t matter lol. Just DCA and chill. Timing the market is a fools game.
Autistic horoscopes lol
bitcoin is heavily traded, traders follow trendlines. with that said, if i have to see another bear flag stretched to oblivion on X and some “you are not ready” nonsense i might snap
I kinda get what you’re saying tbh… a lot of TA gets treated like prediction when it’s really just people trying to map behaviour after the fact. Feels like the part that gets missed is that price doesn’t really move because of lines, it moves because of positioning and liquidity underneath.
The lines just end up reflecting where people are already leaning, which is why sometimes they “work” and sometimes they don’t…