The crypto market knows two primary market analyses, fundamental and technical.
Technical analysis refers to the process of analysing and predicting price movements in financial markets. By using Historical data, trading volume, price movement and other instruments like moving averages you can predict short term trends in order to find profitable trading opportunities.
The theory behind technical analysis is that history and price chart patterns dictate future price movements. This way traders can evaluate investment opportunities and identify trading signals. It is commonly used by booth proffesional and amature traders in the crypto, stock and forex markets.
Cryptocurrency knows many different trading strategies to execute a successful/profitable trade, one of the easier and common seen strategies that will cover here is ‘swing-trading’. What
So what is the difference between fundamental and Technical Analysis? To ask which strategy is superior to one another would be an endless discussion. Both methods
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