Basically, what I understood from this video is that this information acts as a security filter for your money. In simpler terms:
It prevents scams: It helps you avoid falling into market "traps," so you don't enter into trades that seem good but will probably fail.
It gives you better opportunities: It teaches you to choose only the moments where you have a greater chance of winning than losing, as if you were betting with the current and not against it.
It tells you when to quit: It gives you a clear signal to know when a plan is no longer working. That way, if things don't go as expected, you can exit quickly before losing more money.
In short: It helps you trade intelligently instead of impulsively or by guesswork. It's good to learn about this because you can be better prepared, and above all, it's important to keep it in mind on Hive because most of us work with cryptocurrencies, or that's our goal in the future. Well, it's one of my goals, and that's why I'm learning.
I so much appreciate this words, flowing with the current and not against it, and it make it a high probability set up.
Posted via First Context
Another thing i may add here is, getting the right information matters alot because wrong information can make you to loss money if you apply it into work. The chart will always tell you the truth about the market if you understands its movement.
Posted via First Context