I just love it...simply loving it!
I go to a topic about how trading is gambling everyone there goes how trading is about knowledge about skill on how to read the markets and all that crap, I go to a topic where somebody asks if we're going to turn positive or negative next period suddenly nothing can predict it!
All those guys that were praising TA and other charts like the second Bible, where ar you now?
Simple, learn, learn, and learn. You will not just invest or open a trade in bitcoin without analysis, technical analysis, or any indicator's applied. You should know how to trade first before you start trading. Invest in knowledge, sharpen your skills, and build experience first
<~>
any crypto market is very volatile and unpredictable,
If something is unpredictable then what help would the knowledge bring?
Seriously guys, stop with all this crap about analyses and charts and knowledge and stuff, all the strategies in the world and not a single one could have pointed out at oil going negative! yet it did, nobody predicted the price dump that happen when Luna crashed, nobody went public and said well after the ETF we're going to have a 15% drop and yet some still believe some colored lines on a past that will most likely never repeats itself will help you better than looking in a crystal ball with the characters from frozen in it!
Exactly when a trader has the technical knowledge of probably the candle stick which is a representation of the price movement they can be able to predict the next movement of the market price this kind of predictions are mainly base on the pass history of that coin. But this is just a technical analysis and technical analysis can also be affected by fundamentals too like when you hear of news surrounding that coin you can use it to guess if the market will actually go bearish most especially if the news is a negative one.
You just descried gambling! Like betting on Barcelona after seeing them wining by 4-0 the last three matches and betting against them if half of their team is recovering after leg injuries and they are playing with juniors.