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blacksoil | 2 years ago

I wouldn't say all technical analysis techniques are "astrology". It depends on what method. Support and resistance for example is an economic optimization behavior where people would buy when the price is at the local minima and sell at local maxima. Other "non-astrology" technique is "riding the wave" which is following what large number of people / big volume traders are doing (selling or buying) in a way it's like how AI being the magic buzzword where VC would invest in at the moment, and hence it's easier to get invested in the area

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