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RE: Syndicate (SYNX/BTC): Fractals Could Play Out
Hi guys, I think you might like to read this: https://steemit.com/trading/@grateful-charts/full-time-day-trading-forex-crypto-and-stocks-which-market-takes-the-most-skill#@grateful-charts/re-cryptoclick-re-grateful-charts-full-time-day-trading-forex-crypto-and-stocks-which-market-takes-the-most-skill-20180122t223606300z
The author of the above post is a new Steemian, a professional Crypto Analyst too, but he claims that knowledge of technical anlaysis doesn’t apply without a proper history and in crypto trading, there is not enough charting and true technical analysis yet, so for him crypto now is mainly fundamental and driven by public market sentiment.
@haejin often says that since it's so new, it's not heavily manipulated like Wall Street. The market is based on true price sentiment and that is why TA can be used so effectively. But remember, @haejin is using Elliot Waves and Chart Patterns in combination to come up with the TA. This combination is key to getting the results he gets.
I followed some of the predictions and have found both, correct and not... like he is saying, no one has a crystal ball. Surely though, taking fundamentals into consideration greatly helps, especially the coin/token underlying technology, the team behind it and the current happenings around it.
Oh and maybe this too, it is about the Sacred Geometry in Finance and how it can unlock our dreams and change our future:
https://steemit.com/life/@grateful-charts/the-power-of-the-golden-mean
haejin TA is like this pile of poo!!
haejin TA is like this pile of poo!!
haejin TA is like this pile of poo!!
haejin TA is like this pile of poo!!
haejin TA is like this pile of poo!!
haejin TA is like this pile of poo!!
haejin TA is like this pile of poo!!
