This is not a good study.
Suppose you were able to conduct an excellent study of the graphs and you are absolutely sure that your forecast will be correct. You enter a deal and wait.
At the right moment, something incredible is happening, and the market is acting absolutely not logical and unpredictable.
What's the catch? Have you done a bad research? Or are there forces on the market that introduce too much error into any calculations due to their unpredictability?
Anything can happen and these factors do exist from time to time or on least expected thats why it isnt really surprising that people do really make mistakes no matter how hard they do believe on that their analysis was perfect or precise according on what they had plotted but we know that market isnt really sometime that can easily be predicted specially here on crypto space where news and technicals
would give out immediate effect depending on how to the community would react to it which means this will really affect bigtime into your trading system but doesnt mean that you would easily ran-off
once you experience such situation.
News and technical news had an effect 2 years ago.
Now in very rare cases, such a news analysis can be considered effective, but still glimmers do happen.
People run primarily from complexity. Realizing that there is no easy money to make, they understand that this is not an easy task for success in which you need to spend a lot of effort and time.
Some people understand that they like it and stay, others refuse and thereby make the most correct decision for themselves.