Date: September 27th, 2017 3:15 PM
Author: Light Misunderstood Garrison Doctorate
TA can be a good thing. Based my decision to get back into the market on BTC'S breakout fron the downtrend the other day around $3900, served me well. Based my call of the bottom at 3k on Fib retracements.
I think when you start looking for more elaborate patterns and Adams and Eves and all that good stuff, it's less reliable.
In any case, we may be at the beginning of a rally, so I'm adding to my ETH and LTC stacks progressively. Hopefully this isn't all one big fakeout.
(http://www.autoadmit.com/thread.php?thread_id=3744822&forum_id=7#34310142)