The psychology of technical analysis: Self-fulfilling prophecies and confirmation bias
In this article, we will explore the psychology of technical analysis, specifically the concepts of self-fulfilling prophecies and confirmation bias. We will also discuss how these concepts can impact the effectiveness of technical analysis for crypto day traders. Self-fulfilling prophecies in technical analysis A self-fulfilling prophecy is a belief or expectation that influences a person’s behavior, leading them to take actions that ultimately confirm the belief or expectation. In technical… Read More »The psychology of technical analysis: Self-fulfilling prophecies and confirmation bias