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RE: Ethereum ETH - Jan 30 Update - Wave Failure! Profit Taken. First Correction Target $925

in #ethereum7 years ago

Great video but there is one thing that bothers me regarding TA that you might clarify.

I've been observing price movements and I'm pretty much sure that majority of trades are actually done by bots without forming organic supports and without organic growth. How can you be sure that TA will work in such cases where the whole market is being manipulated.

I'm a TA believer but I just don't see how it can be applied to the cryptos now after the bots took over the market.