Good trader should look at news as a secondary factor not a main factor !! The main factor is Technical Analysis on chart
If you dont know the reasons of buying a coin you will exit at lose !
the main rule: buy the rumors sell the news
TAKE CARE IF... 1- alot of Positive news + price is high Because most of times market makers will start sell on you while you in FOMO 📈
2- Alot of negative news + price is low = market makers will buy your coins at lowest price and you sell your coins at big loss and exit from market completely 💀
3- pump and dump groups they will spread news which serve their interest and you will be the loser ...dont follow them !
Of course there is some good news that can help you like coins network upgrade...etc you can mix it with TA for a good results (Take the news from trusted resources )
Dont forget to like my ideas for more good calls and analysis
Interesting approach, I personally prefer to look at fundamental data before going into TA.
Even though TA explains the history and can derive fundamental data, it's important to always get the bigger picture before
starting to consult your indicators.
Feel free to check out my analysis of "a realistic outlook on BTC if you are curious what this looks like.