Technical analysis is fortune telling. It is crap. More than that, it is a scam. You can't tell anything about the future by looking at the charts that happened in the past. It is gambler's fallacy. Just because you lost 20 times, doesn't mean you are going to win the 21st game. It is always about the fundamentals. If the fundamentals are crap, the rest has no meaning at all. The price can go up and down just because somebody wanted it to. It don't have to make any sense.
yup i agree with you. no one can tell the actual future of cryptocurrency by analyses token chart. But only one guess can be made by chart analysis . No one can ever tell the exact time when anyone will profit from any token . So wait patiently for profit. And when one is able to profit it will be the result of one's patience .
I agree that we can get a decent return from investing and trading in cryptocurrencies with patience and persistence.
Crypto movements are unpredictable and even though we can analyze market conditions well, there will always be mistakes, even if they are small.
But we can still follow its movement by reading a lot of useful information that we can get from many media.
But be careful with the news we read because most news only wants to attract investors to support one or a few coins, while the coins cannot increase after they invest or buy them.