I've seen a lot of you looking at Bitcoin charts and trying to predict prices. Do I have to remember certain rules or be really good at technical analysis to make accurate predictions? What tools or methods do you use to predict prices? I have enough time and I'm excited to learn the strategies you suggest so I can understand the market better.
https://bitcointalk.org/index.php?topic=1493.0I have seen some suggestions under some headings but they are too technical for me,(like this thread
https://bitcointalk.org/index.php?topic=1493.0) Do you have more beginner level suggestions?
Reading or studying the past price movements enables you to predict what direction the price will go at certain point. Price also have reactions to certain news or occurrence. Having prior information or prompt information about such occurrence enables to take advantage of the pricing at the time.