Great description of chart reading. Ultimately, I believe that TA is a great tool for potential outlook, but you really need to generate alternates and not just rely on one chart, because TA is a lagging tool in analyzing these currency price movements. I think that FA needs to be taken even greater into account, because as volatile as crypto is, sentiment built off news has always appeared to trump lagging lines and indicators on a chart.
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I agree...but that wasn't the point of this particular post. I did make the point, in the end, to also pay attention to other things as well. Maybe I'll make a post about "How to" in regards to basic Fundamental Analysis of crypto's...or at least...how I do it.