Technical Analysis in Cryptos.
The comment I am showing you is a very common topic of debate in the trading world. My opinion is that the comment is partially correct, but it ignores the reality of many traders.
Here is my analysis:
Why the comment has a valid point:
* Volatility and manipulation: The cryptocurrency market is known for its high volatility and, at times, for being susceptible to manipulation (the famous "whale watching"). Unexpected movements and last-minute news can completely ignore technical patterns. In this sense, it is not a traditional stock market with the same stability.