Sometimes, the best trade is no trade. Sitting on the sidelines while the market does what it does is perfectly fine.
Whether you're bullish or bearish, a chart can be made to fit your bias. Currently, I'm not making any moves in the market until I can see a more clear sense of direction.
My thoughts exactly. I'm on the sidelines, with the exception of some small scalps here and there. The market is clearly coiling up for a big move. I don't like to take large positions while the market is sideways.
Bitcoin is useless to analyze.
All forecasts are correct only in the past.
Forecasts, yes. That doesn't mean TA is useless. Trading is about
reacting to the market, not
predicting it. TA tells me when to enter, exit, and stop loss.