AltcoinTrading.NET

Joke names for technical analysis

Crypto traders have invented several joke names for technical analysis, trying to make the point that technical patterns are a fallacy and that lines on chart are completely arbitrary.

There is a larger debate on whether technical analysis in crypto can actually work, which is not a bad question.

Some of the most common joke names for technical analysis are t1ts and a$$ (TA), astrology or tea leaves.

Best tools for Technical Analysis in crypto

• Tradingview PRO gets discounted during Black Friday

TradingView is a popular technical analysis app where legacy and crypto traders share ideas, trading strategies or just mind their own charts.

More on TA

BLOG

Divergences in Crypto Trading (Divergence Cheat Sheet inside) - Divergence is a disagreement between price and an oscillating indicator such as MACD or RSI. It is not strong enough an indicator to enter a position, but it gives an idea of the state of the market.

How Crypto Trading Affects Your Mental Health (Positive and Negative Effects) - This blog post discusses the effects that trading has on your mental health. Including the positive effects, believe it or not.

How to read option charts: Market sentiment analysis based on crypto derivatives - Crypto options markets reflect the sentiment on the market and are small enough to split the whales from the retail. That makes them a useful tool for technical analysis.

STRATEGY

Thoughts on Reversals and Psychology - Bottoming process, just as any other market reversal, is strongly influenced by psychology.

Fulcrum Bottom - Fulcrum bottom has been talked about a lot lately thanks to mentions in Peter Brandt's reports. Describing it as 'head & shoulders except at the bottom' is not quite cutting it though.

Multiple time frame analysis: Trading several timeframes at the same time - On why it's constructive to trade multiple time frames at the same time and how to manage the stack of your positions and orders.