You forget to mention the fact that technical analysis is useless in crypto markets are that mathematical tools are not designed for bitcoin or other alternative cryptocurrencies.
There are divided opinions regarding this. All the market studies are based on some speculation concepts. They are not wrong but they run theoretically and practically. But traders know that every point of TA would not be true from start to end. There will be fluctuations and it is more of a possible prediction of a trend. Do not depend totally on TA because its always 50-50 chance.
What about explaining the idea about stop loss which doesn't work properly under volatile market conditions.. I am sure majority of traders have no idea how to hedge trades under volatile market moves caused by sudden news.
Where exactly would you hedge your funds? Unless you have access to a large volume of liquid cash for cashing out crypto and holding fiat or precious metals or bonds you have no method to hedge your money here. Also do not trust any third party site functioning as a hedge fund.