TECHNICAL ANALYSIS DOESN’T WORK???

Does technical analysis work or is it pseudoscience? There are many misconceptions surrounding technical analysis nowadays, especially with more people entering the cryptocurrency space.

We look at a video that Doug Polk did with Jimmy Song talking about technical analysis and crypto.

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Links to the studies referenced in the video:

The Combine Signal Approach to Technical Analysis: http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.1019.3218&rep=rep1&type=pdf

Technical Analysis and Intraday Exchange Rates (New York Fed paper): https://www.newyorkfed.org/medialibrary/media/research/epr/00v06n2/0007osle.pdf

Technical Analysis and Central Bank Intervention (Federal Reserve Bank of St. Louis paper): https://files.stlouisfed.org/files/htdocs/wp/1997/97-002.pdf

Do Technical Analysts Outperform Novice Traders (Economic Bulletin paper): http://www.accessecon.com/Pubs/EB/2013/Volume33/EB-13-V33-I4-P287.pdf

***Disclaimer: I am not a financial advisor and this is not to be taken as financial advice. This is for entertainment purposes solely. I make videos to provide transparency about my moves in the cryptocurrency market for those that are curious.