I am a day trader, to analyze the market and to enter at the right timing, I combine the two analyzes, technical and fundamental.
For technical analysis, the source of the data examined is price movements and trading volume, I usually use the MACD and BB indicators. While the fundamental analysis, the source of the data examined is intrinsic value, we can check it from rumors and news circulating, so we can determine whether the coin has a good market capacity or not. So, combining these two analytical techniques is very important because we analyze them from many interrelated aspects. Buy at low prices, sell at high prices, buy on the rumors sell on the news, that's what we often hear.
If you’re a day trader, technical analysis’ tools should be your best friend. Technical indicators as are very handy in determining whether the asset is overbought or oversold.
