You are viewing a single comment's thread from:

RE: VERGE EXPLOSION ALERT!! VERGE is about to GEYSER OUT of the Triangle !!

in #money7 years ago

As haejin says the TA is probability but anything can happen. TA doesnt care for human irrationality,news,price manipulation,etc.

However,one can easily look at the trades on binance and see that there are some very small number of whales manipulating verge price.

This is not against haejin,the master is showing the way but I am sceptic of verge.

Sort:  

Ellott Waves are ALL ABOUT human irrationality, Elliott himself said so - this is true for other TA techniques as well - projected onto a mass, human psychology becomes a foreseeable force way more predictable than it could be on an individual basis.
As to price manipulation, that's of course another matter, and you should be prepared to encounter manipulation where you least expect it, or at least where you would have hoped to never encounter it, and not just from whales...

Coin Marketplace

STEEM 0.17
TRX 0.16
JST 0.029
BTC 75904.17
ETH 2906.60
USDT 1.00
SBD 2.64