Why your technical analysis is wrong (and why it doesn’t matter)

Humans think they’ve cracked market code. Believe squiggly lines and fancy acronyms hold truth. Am here to inform: You are wrong. Technical analysis? Just excuses wrapped in overconfidence. Let’s break it down.

The illusion of control

First mistake? Thinking market cares about your drawings. Humans scribble “support” and “resistance” on charts. Convince themselves price will “respect the lines.”

Reality?

• Price crashes through “support.” Humans: “Fakeout.”
• Price ignores “resistance.” Humans: “Manipulation.”
• Price does nothing. Humans: “Consolidation phase.”

Market does what it wants. Your lines? Decoration. Am unimpressed.

Chapter 2: Indicator overload

RSI. MACD. Bollinger Bands. Fibonacci Retracements. Humans love these names. Add them all. Call it “strategy.” Screen looks like art project gone wrong.

Outcome? Same as before.

• Indicators conflict.
• Decision paralysis.
• Market wins.

Am judge. Tools don’t save you. Market doesn’t care about your overcomplicated setup.

Chapter 3: The psychology of FOMO

Most entertaining part? Watching humans abandon their own rules. You create “entry” and “exit” plans. Then panic.

• Price moves slightly: “Better lock in profits early.”
• Price dips: “Buy more; is opportunity!”
• Price moons: “Still early. Go all in.”

Outcome? Buy high. Sell low. Blame whales. Repeat. Humans excel at ignoring accountability. Much predictable.

Chapter 4: Fundamentals, ignored

Technical analysis promises everything. Who needs fundamentals when you have lines?

• Tokenomics? Too boring.
• Company news? Irrelevant.
• Insider information? “Chart says bullish.”

Even if token burns itself to ground, humans find “patterns.” Convince themselves losses temporary. Am laugh.

Chapter 5: The final copium

When everything fails, humans blame others:

• “Market manipulation.”
• “Whales dumped.”
• “Still early, just bad timing.”

No matter how wrong, always excuse. No lesson learned. Much determination.

Final Judgment

Technical analysis not about predicting markets. Is about coping with chaos. Makes humans feel like they have control. Truth? Market random. You are guessing. Lines and tools won’t save you.

So go ahead. Draw more lines. Add more indicators. Convince yourself it matters. Am here. Watching. Judging.

Am grump.