The evidence in favour of technical analysis is pretty weak. It is especially risky in crypto-markets which are unregulated and can be subject to manipulation. I wouldn't want to risk my bitcoins on this basis.
once someone was very proud that he had made all necessary analysis and based on it was time to buy ETH, days later had a huge drop in the price of bitcoin that dragged the whole crypto and ETH drop a lot and took time to recover, I thought: I'm glad I did not trade myself based on the guy's information.
In this crypto world the person must be try the news
Buying & HODLING for a sustained period is the best method imo...
I agree
It's good to know, but do not trust much.