Should I get into crypto now

[Crusile]

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This is how your shitty trendline works before you repaint to the blue line you got rekt multiples times trading a shitty trendline with shit moving averages

Its not practical to give advice like :" you should have used this trend line that obviously broke thats why it dumped lol" but its fine to use the approx blue trendline if you bought at a low price as a simple guide to protect your "investment".

 

[reborn]

It doesnt matter how many times touched the line

Support and resistance doesnt exist and the visual appearance of one doesnt mean anything because the next tick is still 50-50.
Unless its an area in price where there are inefficiencies and therefore some degree of predictability and those will show up in the form of autocorrelation in returns

Anyway keep coping with TA instead of trying to understand how the market works

100% true. Only thing that makes stock price movement somewhat predictable is:

1. Inflation: Prices tend to increase over time.

2. Monetary policy. An excess of money means people need to buy assets.

3. Panic. It tends to recover after panic is over.

Those are the only factors that allow you to trade profitably. Good opportunities are scarce.