in fact at the moment I think that those groups that are dedicated to the signals and if BTC falls are in constant uncertainty, because the technical analyzes they develop can be invalidated with a small movement that Bitcoin makes, either to the fall or upward.
Although some of the groups are always based on trading ALT / BTC pairs, it is not the right thing to do, because BTC is falling and if BTC falls, the alt would go much lower, because it would simply be a mathematical division, the most accepted is that it is ALT / USD or ALT / EUR, because it is much more real. Those are the reasons why, I do not trust crypto signals, because they have a high probability of failure, they only do not fail is when BTC is in a bullish trend, because at that time it is very likely that all the alts go up.
Those signal groups have always been in the danger of those type of moves. I mean what do they look at? They look at the signals very carefully right? After checking what should happen for hours with the data they have in their hands, they make calculated decisions, or they sometimes work weeks and months to build a bot that would tell them exactly when one thing they have been looking for happens, Bollinger band is under 20!! type of deals.
However one tweet from Elon and it's all gone. I have said this to my friend and he just didn't care and kept doing TA and now he lost more money than I did. The only power an investor has, just one thing anyone needs is simple ; be cynical. If you are uncertain about everything and you are not sure about anything that will make you a great investor. Because when someone is suspicious and unsure they will work a lot more and be ready for anything at all times.
You are right, sometimes, although it sounds a little crazy, intuition works, and this I learned in my beginnings as a trader, sometimes I just followed my intuition, then some time later I stopped doing it because I felt that I was betting and That is not right .
Some time later I read Jesse Livermore's books and he sometimes put aside all logic and followed his own intuition and won in the market, he recommends in his books that sometimes it turns out to follow intuition even if it is a decision that goes against what everyone think.
Many times we do not have market clarity and sometimes it is better to be out of the market until you have a clear vision of it, that is why signals are not usually the best option.
