With all my respect, I don't believe in technical analysis. They may be a supportive indicator if you know what are you doing - however, I believe most of the "TA" guys don't produce valuable content and misguide lots of people.
Here is what I see on most "technical analysis"
- Put some weird technical terms (ladder, triangle, wave etc.)
- Post random graphs
- Put random sentences
People tend to buy things they don't understand. That brought the idea of making a "TA" bot doing the applying the same flow above.
Workflow of the bot
- Pick a random coin
- Pick a random title
- Pick random sentences
- Pick random charts
- Profit
I have fed the bot with one of the famous technical analyzer and here is an analysis for SBD:
Analysis of XMR
I am very happy with the results. I am an ignorant guy on these things. I can't tell the difference between the real TA and this bot's awesome TA.
A selection of comments from real people
End of the experiment
I will close the account and bot today. Coding this bot took my 30 minutes. I ran it almost 8 days. I believe I have proven the concept here and the experiment is done.
By the way, If any whale want to abuse the reward pool by voting to this kind of TA, I am running a new startup that you can buy "TA" as a service - called it as "TAAS".
You can have a separate account to vote 10 times a day to these analysis and profit. I will keep you posted, find me if you're interested.(don't get this one too serious)
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