ETH/USDT On Its Low!
I am so, so new to this world of cryptocurrency. And I am still waiting for a good timing to get some.
What do you think about this chart? Do you think it is a good timing to speculate? Tell me what you think.
The reason I asked is that I spotted a support level at current price (~$600USDT). Boll Bands also seem to support it.
A deeper discussion underneath:
- How accurate is technical analysis (TA) in the world of cryptocurrency?
- Based on what factors do you usually trade? Technical analysis? Fundamental? Market behaviour? Capital flow? Or just pure instinct?
Feel free to discuss below. I am sure I have a lot to learn.
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