For some reason it seems like everyone here is brand new to crypto and investing in general. I’ve noticed several of the TA posts making incorrect assumptions and then critiques of those posts also making incorrect assumptions.

RSI, Bollinger Bands, Fear and Greed Index, and any candle pattern are just used by some people to get a glimpse of what’s going on at the moment. Stating the RSI is red hot so this will hit 0.70 and then cool off is using the indicator incorrectly. The price action is running hot but it could run hot for two more weeks and hit 1.60 before pulling back to 1.20.

As someone who has worked in the space for a long time and been personally invested since 2015, just know that TA and charting can help generally inform how a current asset is doing relative to the past. It cannot be accurate enough to tell you exactly when to get in or out.

Just wanted to give a PSA to noobies to not blindly follow people on here just because they sound confident.