Absolutely agreed. And more, beside knowing about trading and how markets works very important thing to choose right market platform or broker. These things bring some risk too.
I really like the illustrations here. This is the basic reactions of people with price movement on trading. But also remeber the Accumulation stage and Distribution stage.
It's really good that you know how to understand the graph on the market and you need to know where to buy and when to sell your coins because if you don't know you can lose your bitcoin or your capital in bitcoin important things is always keep your eyes open.
That is true since trading is also risky and tricky. It needs a carefull analysis too.