Technical analysis is like a road sign for you, if you don't have a traffic sign when crossing a new lane, then you will get lost. Relying on hunches is ridiculous in trading, no gut feeling can predict it will go up or down. It's the same as playing gambling.

At least you have to have technical analysis even though it's basic, because it absolutely must be known by anyone who wants to be involved in the world of trading, without analysis you won't be able to do it. it is easier to lose your money if you neglect technical analysis. If you have bad analysis you need to keep learning and understanding gradually, trade and you will gain experience and learning over time.