@Full_node They work for me. I use them as a combined trend/mean reversion indicator. I combine that with basic price structure analysis over long time frames to make buying decisions (no selling; #NeverSellGang). It's very important for my approach because I tap the equity I already have with asset-backed lending in order to acquire more in big chunks rather than DCA over time. To do this right, I have to make my move when price falls to confirmed support, not before, and never on the way up.
@drgo Indeed. That's why I largely wait for big dips to buy, and I spend the time in between deleveraging my stuff that I lever up on after a crash occurs. Since I am in #NeverSellGang, a big part of what I've done benefits from "time in the market is more important than timing the market". I also take deep dives into stuff that people are afraid of for X reason. Example: my XOM yields 9.94% because I looked past pop narratives; you can now get it at a 5.66% yield, meanwhile I'm up 76%,

@KlausSchwabBTC At the moment, $30k USD appears to be where dog food is what's for dinner. 🤣

#NeverSellGang