You can use both if you do able to get some news or fundamentals together with applied technical analysis. Neither of these things
as long it can bring profits or make your profitable then it doesn't matter. The thing here is that nor these things are having accurate results anytime.
We know on how unpredictable crypto is.
Topic: Fundamental or technical, which one you do used? - page 7. (Read 19004 times)
You can use both to analyze what is coming but most probably its the fundamental that works in crypto. I like using the fibo because if you just speculate what where you want to get in and get out, is this indicator that you would want to use. Its just going to easily be messed up though when a huge news like forking comes in.
In my opinion technical analysis has been disabled due to recent events. To reach conclusion by technical analysis is not so easy, even if you reach this conclusion you will think that it will not work. We should give more superiority to fundamental analysis.
TA definitely loses some of its utility in times where panic has the upper hand, but when a market calms down and things are moving based on how bots calculate their next move without being interrupted by idiots panic selling, it's a whole lot easier to wait for confirmations and act based on that.
Fundamental analysis is something that works if you have a very long time horizon, but doesn't apply to the short term picture of a market, especially when it comes to something as speculative crypto. If you buy Bitcoin in for the long term, just buy because the fundamentals are rock solid, but practice caution if you have a seperate stash of funds that you allocate to trading.
Whatever you end up doing, make sure you don't fall for so called experts/gurus selling signals and whatnot. I know that most people don't care anyway, but if even one of them is saved the disappointment of losing money due to these clowns, it's already worth it.
first we should understand what is technical and fundamental analysis , because both are important
Technical analysis is of predicting price movements and future market trends by studying charts of past market action , Technical analysis is concerned with what has actually happened in the market,
Fundamental analysis is a method of forecasting the future price movements, Fundamental analysis focuses on what ought to happen in a market so The fundamentals the cause of market movement, while by technical is study of the effect. from fundamentals
experienced traders combine both technicals and fundamentals to find good trades and by knowing both it gives confidence in analysis
Technical analysis is of predicting price movements and future market trends by studying charts of past market action , Technical analysis is concerned with what has actually happened in the market,
Fundamental analysis is a method of forecasting the future price movements, Fundamental analysis focuses on what ought to happen in a market so The fundamentals the cause of market movement, while by technical is study of the effect. from fundamentals
experienced traders combine both technicals and fundamentals to find good trades and by knowing both it gives confidence in analysis
The issues that affect the market are many and most time it is very difficult to summarize all the information coming into the market and make an informed investments decision. I do used technical indicators to analyze the market before investing and we have many traders and investors that holds the views that we must used technical and fundamentals indicators in analyzing the market in other to be able to make an informed investments decision. I believe that candlestick formations and patterns contains information about both technical and fundamentals issues that came into the market. Should I continue using candlesticks formation in interpreting the market or something might happen happen that might suspend candlesticks formation information.
There are 3 type of analyze method i use for trading: Fundamental,Technical,Sentimental Fundamental analyze is for finding a confirmation in any uncertainty time period. After finding main direction i prefer to use technical indicators for marking main support,resistance levels in order to get in and exit form position. Sentimental analyze is perfect way to confirm your opinion with other traders.
In my opinion technical analysis has been disabled due to recent events. To reach conclusion by technical analysis is not so easy, even if you reach this conclusion you will think that it will not work. We should give more superiority to fundamental analysis.
so we have to combine between fundamental and technical analisys.based on fundamental we know what is going on in market, and we can take action based on technical analisy.in which level we should enter to market. 
I think we have to use both analysis to earn better profit, technical analysis is need to use to determine support and resistance area. And fundamental analysis need to learn and to understanding when we make invest crypto in long run.
If you want to cover long-term and short-term investment opportunities then you need to go for both fundamental and technical analysis. But, I am mixing up these two analysis for short-term so that I am making very safe trading regardless of I am making profits or not but I'm not losing my capital.I am simply choosing fundamentally strong assets for my short term trading and when I am facing unexpected downfall then and just moving them for long term holding. I never book losses but sometimes I am enforced to wait longer than I'm expecting still I am not finding it frustrating because I am investing only what I am afford to lose.
The better fundamental of coin will be offer bigger profit and the price possible to going up to 5 to 10 times just in a few month.
Holding is always profitable compared short-term trading but you need to give enough time for it and moreover finding out high potential coin is really important key here.
In my opinion technical analysis has been disabled due to recent events. To reach conclusion by technical analysis is not so easy, even if you reach this conclusion you will think that it will not work. We should give more superiority to fundamental analysis.
If you can do both, then do it. If you prefer to trade in mid-long-term then fundamental or swing trading might be your choice. If market is bad technical analysis can miss a lot of times, so in bear market you better stick with fundamentals. Anyway, just try it and see which one suits you better most of the times.
I don't have problems with your choice atm but keep in mind that sometimes TA can go horribly wrong and can't predict sudden drop/dump by someone (like what happens today, -6% drops on Bitcoin followed by alts).
I don't have problems with your choice atm but keep in mind that sometimes TA can go horribly wrong and can't predict sudden drop/dump by someone (like what happens today, -6% drops on Bitcoin followed by alts).
I think we have to use both analysis to earn better profit, technical analysis is need to use to determine support and resistance area. And fundamental analysis need to learn and to understanding when we make invest crypto in long run. The better fundamental of coin will be offer bigger profit and the price possible to going up to 5 to 10 times just in a few month.
I personally do fundamental trading, simply because I prefer mid-long term trades. Staring at charts on hours end is really not for me(tried it for a few days, I think I almost went crazy), as I prefer doing something else with my time, so yea; I pretty much rely fully on fundamentals. "Buy the rumor, sell the news".
Which one should you rely on? Both has their own pros and cons, so it really just depends on the person.
Which one should you rely on? Both has their own pros and cons, so it really just depends on the person.
The issues that affect the market are many and most time it is very difficult to summarize all the information coming into the market and make an informed investments decision. I do used technical indicators to analyze the market before investing and we have many traders and investors that holds the views that we must used technical and fundamentals indicators in analyzing the market in other to be able to make an informed investments decision. I believe that candlestick formations and patterns contains information about both technical and fundamentals issues that came into the market. Should I continue using candlesticks formation in interpreting the market or something might happen happen that might suspend candlesticks formation information.
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