Thanks for jumping in. Your answer confirmed my basic intuition, but I wanted to be sure. I'm new to investing and signed up for Coingy's free trial. I am overwhelmed by the number of tools they offer and hope I can become sophisticated enough to use many of them. Crypto Investor's videos have so far been leading in a common sense direction. For example, the head and shoulders pattern is very intuitively understood from the perspective of investor's mindset. This amazed me as I assumed all analysis must be mathematically based.
I guess you have to get burned once to get rid of that "I gotta jump into the market" hysteria.
@vpredoehl :
Hey there. I just stumbled on this and I think it's a good watch :
Have a look at tradingview.com ; the free account features and tools are quite impressive.