If $CIEN cannot consolidate an upward movement from here, honestly I will have to rethink the entire methodology of Mark Minervini 😂. The patterns he identifies are usually quite reliable, but when he fails in such a clear setup, one begins to question whether we are really reading the market signals correctly. These moments are what determine if your technical analysis works or ends up in the trash.
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DefiPlaybook
· 01-08 03:12
According to on-chain data, the failure rate of this wave of CIEN has reached 67.3%. The Minervini methodology indeed needs to be reconsidered in a bear market.
Based on statistics from the past three months, there are usually two dimensions behind setup failures: insufficient liquidity and market sentiment thresholds, which are worth paying attention to.
Honestly, when signals with such high recognition fail, you have to ask yourself whether you misread the market or if the market itself is unpredictable.
Technical analysis already has a reduced accuracy rate in the crypto market, and this case further emphasizes the need to be cautious about relying on any single indicator.
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RugDocScientist
· 01-07 05:05
Haha, Minervini's strategy also depends on market sentiment. If $CIEN can't rally here, I might have to doubt my own eyes.
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SatoshiLeftOnRead
· 01-06 02:34
Minervini's approach also depends on market sentiment. If $CIEN really turns sour this time, I'll switch to focusing on fundamentals directly.
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AirdropHustler
· 01-05 04:52
Haha, CIEN, if this wave can't rally again, I really need to reevaluate. It really seems that technical analysis depends on the person.
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NFTregretter
· 01-05 04:51
Damn, is Minervini's system really reliable? I'm starting to doubt it now.
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DeFiAlchemist
· 01-05 04:47
*adjusts alchemical instruments* when minervini's sacred patterns transmute into dust... that's when the real protocol audit begins, ngl. the yield of technical analysis only reveals itself through failed setups.
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LiquidityWitch
· 01-05 04:47
Oh my god, if CIEN keeps falling, I'm going to throw away Minervini's book.
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MEVictim
· 01-05 04:45
Wow, this move with CIEN really tests your mentality. Minervini's methodology also needs to be paired with a reliable trading approach.
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BearMarketHustler
· 01-05 04:36
Oh no, Minervini's approach really isn't a silver bullet...
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RumbleValidator
· 01-05 04:35
In plain terms, Minervini's theory failed here at CIEN... We really need to reflect whether we misunderstood it or if there's a flaw in his theory itself.
If $CIEN cannot consolidate an upward movement from here, honestly I will have to rethink the entire methodology of Mark Minervini 😂. The patterns he identifies are usually quite reliable, but when he fails in such a clear setup, one begins to question whether we are really reading the market signals correctly. These moments are what determine if your technical analysis works or ends up in the trash.