Where has all the technical analysis gone?
Most major crypto currencies tanked 50% two months ago and then have gone sideways ever since. We all know this.
But has anyone noticed how few technical analysis posts they are seeing during this recent period?
There was 'death cross' references a month ago, but we are still basically at that same price now. It ended up being a nothing-burger.
It's almost like… the previous chart history in a liquid, dynamic, and ever-changing market (with pretty regular major news) doesn't actually mean much for the future price?
I just find it interesting that most TA advocates use it to (usually) justify positive predictions. But all seems to go quiet during periods of boringness / reductions.
Or maybe the negative TA posters don't get noticed as much and I've just missed it.
submitted by /u/Raver223
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