Yes. And what's more, not too long ago this was common knowledge. Every professional trader knows that TA is crystal-ball-tier nonsense. But the influx of morons in cryptocurrency and WSB memetrading have to learn this lesson all over again (and in an adversarial environment, since there are tons of '''gurus''' poisoning the well with bad info, insisting that their TA is totally legit and anyone saying otherwise probably has "political motivation")