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RE: Oyster (PRL) Technical Analysis: A Profit Pearl in the Making

in #oyster7 years ago (edited)

You think PRL is a shit coin? It’s got a white paper, a live testnet, an upcoming airdrop and active devs. In addition it’s marketcap of roughly 65 million (https://coinmarketcap.com/currencies/oyster/).

I get that you don’t like Haejin but this is blatantly wrong! For more info their subreddit is r/Oyster

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What you're saying actually has some value unlike TA on this.

Thanks! I have my doubts about the analysis, but have too little experience to correct anyone. I just wanted to correct the shitcoin part of your comment as I’m a huge fan of PRL and the upcoming SHL coin(it’s being airdropped to PRL holders).

I’m quite sure @transisto has no clue about Elliott Waves or Chart Patterns. And yet he downvotes because he thinks TA doesn’t work.

I’d need to do a lot of research to prove either of you right. I know Elliot Waves and Chart Patterns are systems used by some traders for over a hundred years but can they be applied to crypto? Can they work in mass for low volume/cap coins that could drop to zero?

I have no idea how to argue these points for either side but I’d love to hear both sides of the argument!

with how haejin does them, only in a bull market

Come on now. That’s not the attitude or answer I was asking for.