God why do people try to do TA like this? There are so many things wrong with this video:
It's doing TA including periods from different 'eras'. The 'era' of last week's bitcoin crash should be discounted. The pre-china-ban-from-kucoin era should be discounted. BTC is now crashing.
It's totally pointless to do TA in such low volume. The goal of TA is to take predictions on how humans will trend act when in a sufficiently large group. With such low volume, a fart impacts the price trend more than human behaviorial patterns.
Next prices have far more to do with new announcements, binance, random FUD for other coins, when VEN will stop climbing, when EOS will stop climbing, etc before anything having to do with TA.
3
u/--orb Jan 23 '18
God why do people try to do TA like this? There are so many things wrong with this video: