Technical analysis is just a way to predict the PROBABLE course of events in the market using a chart and various indicators. Anyone who tries to endow TA with a halo of science, income guarantees and other magical properties is a deceiver. Interestingly, among those who claimed the opposite, I did not find a single confirmation of their successful trading account statistics over a certain period of time.

There is a lot of controversy about technical analysis as to whether it works or not. My opinion is that it works. But this does not mean that technical analysis alone is enough to start making money. This is all delusion. You can read a hundred books about TA analysis, but this does not make you a super successful trader. If everything on the market was decided by only one technical analysis, then everyone who feels like it would start making money on this, but this does not happen. The reason for this is that in addition to technical analysis, you need various tools and knowledge to try to profit from the market. Technical analysis by itself, without the use of additional tools and market assessments, guarantees absolutely nothing and cannot be the ultimate truth.

If someone wants to prove the opposite, then I can suggest using technical analysis to predict the price of bitcoin, for example, in April, June, August, December 2023. I am sure that 99% of these forecasts will not match.