There is a saying among the forex traders that "the trend is your friend" and if you really want to make it in forex you have to learn how to follow the trend. Many of us tried to used trendline, moving average cross to identify the position of the price and used them also to identify trend and some time it assist us to place a good trade. However, I have learned in cryptocurrency to focus on events and news about bitcoin or cryptocurrency in general and this has been actually helpful. My question is what have you learned in bitcoin and Altcoins trading that you did not know exist in illiquid market?
That's the difference between crypto trading and forex. Crypto is more speculative and a couple of negative news and fuds can greatly affect how a certain coin moves. That's why more than technical analysis, i think it's more important to be aware of recent news and happenings in the crypto world for your own basis