Hi Guys. So there are so many dichotomous opinions about the necessity of analyzing coin chart.
What do you guys think?
Is it really not worth analyzing major coins and making forecasts regarding its future price?
Of course it is important, successful trader are using technical analysis in order to forecast the price. If we will analyze the historical data of the a coin, we will have an idea where will the price go. Technical analysis is not perfect, but it can give us clue in order to win in trading. It is worth it to understand hoe to read charts because you can use it to maximize your profit.