Price moves in pre-ordained existing patterns that repeat
Prices move based on what people do (in cryptos - in stocks it's based on what algorithmic trading software does). Good traders are good at predicting what people will do.
TA works because there's a large group of people all looking at the same patterns. When they all see a pattern that indicates the price will rise they buy, causing the price to rise, and vice versa. So it's a self-fulfilling prophecy.
Nothing wrong with that, just calling it like it is, and if you can also see the same patterns as everyone else then you can get in on the ups and downs that the group collectively creates. In a sort of ironic way it's kind of like a consensus mechanism for price movements.
In any case, you're a great dude and I really hope it works out for you. I have 50 LTC that i bought a while ago so I'm all for it "going nuclear". Me personally I just have a bunch of different coins that I like and I HODL and don't look at the prices much and focus 100% on STEEM!
Yeah, this allows me to spend more time on steem actually. I'm less concerned checking on 8 cryptos and managing a portfolio of highly fluctuating monsters. I'm just gonna pick one at a time that I think is likely to moon. Hold that and see how it goes.
Make a few good calls and then people will throw money at you to get early access to "aggroed's picks"!
Hmmm... We'll see!!! Your idea. You can get them free. And pretty sure this won't work anywhere other than the bottom of the market when it's so much easier to spot and much more likely to happen. we'll see.