Every tips are counted when we are dealing with trading, we just needed to make our own assumptions and enhance our understanding, people who deal with this type of investment/business have it's own interpretations of certain knowledge, though there's always a good way to avoid losing money trying to use this pattern, it is a must to workout with your emotions and always go deeper studying the flow.
For the most part of it, I must say knowledge is actually the thing that is mostly important when it comes to trying to trade. You cannot get it better in any other way than seeking that first. A lot of people who have discarded that and think they can just stick with the idea of gaining experience without learning have always ended up learning the hard way and still coming back to learning at the end, which is if, they do not get frustrated and bail out before then. The most useful thing is to learn, build on a strategy and build on your confidence in using the strategy and then you will be fine.
That's very useful and thanks for sharing, it would help the newbies here.
My style is I don't look at the candlestick a lot because the main factor I consider in predicting the price movement is the news and the hype around.
What works for A may not necessarily work for B, but in reality and in the crypto space, from experience, I can at least tell you that it is a whole lot better to face the technical aspect than the fundamental aspect. With price action on the charts, and the use of some indicators, you can at least make a good guess on a trend reversal. However it is, the most important thing is to just know what you are doing and always have a plan in place whenever you are trying to trade the market because without plan and strategy, you are as good as gambling, no matter what you think you know.
