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Topic: Technical indicators vs the News - page 2. (Read 624 times)

legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
May 22, 2023, 04:43:01 AM
#72
Yes, no doubt about it. For a kind of person like me who doesn't really into TA I mean I am not so expert in TA I rely mostly on the news. I spend time checking Twitter, telegram and other news outlet such as Bloomberg. It really helps me to decide whether I will buy that certain token or coin or should I make DCA. But then we should learn TA of course and some other trading instrument so we can trade efficiently.
Technical analysis helps but it is only useful in 50% of cases. There are day traders who trade on many TA indicators but the end result is mostly same as compared with playing it with Fundamental, more so because most such day traders don't make huge amounts every day but the cumulative amounts vary.

However social media should be treated with caution because the influencers often look for their own profits and not the interest of their followers. Staying in the long term is way safer and better than compared to short term and staying on TA. Never use TA for predicting because it will mislead you mostly.
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
May 14, 2023, 09:59:07 AM
#71
Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?

Well, you are talking about a different thing altogether; technical indicators are not the same thing as news about a new project that leads to a price impact. Technical indicators can be used to decide, assume, or predict what the price can possibly be, but news is what can possibly make the market pump or dip. You are correct that news is what influences the market, but not only news; there are also some economic facts that can lead the Bitcoin price to spike or dip, just as for some of the altcoin projects, but specifically for altcoins, it is not very influenced by news; some project owners are good at pumping their tokens and can also dump the price of the token. Although some token prices can pump when the project announces any new feature in their platform or makes an announcement about token burn, technical indicators are just to be used by market experts or traders to determine the price, and sometimes they are not accurate.
full member
Activity: 826
Merit: 135
Tontogether | Save Smart & Win Big
May 14, 2023, 09:35:02 AM
#70
I think something about this, the news are those things that can divert us from our direction or our commercial decision, that is,we cannot make decisions Based on the news,because the news is not reliable, unless it is fundamental, and with Regarding the technical indicators, none will work if the market is not Understood, since the market is not a merely mathematical quadrilateral system that responds to behaviors by figures or by mathematical modeling Behaviors, the Market has other aspects, emotions, Whales, institutions , but above all the emotions.



     I appreciate your analysis but as per my experience and having taking a comparative review , a little bit disagree with your opinion because I have been trading for some time, but news is very closely related to trading. Instead of indicators , the vitality of good or bad news plays key role in the trading. That's why sometimes the indicators are pointing you in a very good direction, but global news affect the trading worldwide.

     In the recent past, some worldwide diseases, like  "Corrona" virus and its related news crashes the trading market many times . At the time ,only due to the news, market was too unstable . some times it is according the instability of country based issues. Some its only due to the news about the CPI rates, and due to this the market gets very agitated. So the meaningful result is this that indicators have their unique identity and news has a different impact.   
sr. member
Activity: 994
Merit: 441
May 14, 2023, 09:31:13 AM
#69
Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?

Using technical indicators that have happened in the past, you can make some predictions about the market. But here if you can't use technical indicators it will be very difficult for you to make predictions. And if you can make predictions using technical indicators correctly, it will help you a lot in your trading.

Cryptocurrency news reveals more market volatility. When good news comes, the market starts pumping more. And when most dumping starts, dumping starts because of bad news. By practicing the right news one can gain the most if trading at that time. So I can say good news plays more important role for profit in trading than technical indicators of market.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
May 14, 2023, 12:24:50 AM
#68
News about the project is not a trading influential first of all. If you are trading on the basis of the news of the coin around you aren't really a trader you were just being lucky. Trading news is very difficult i have seen coins getting devastated even on good news because market falls and have seen coins going up on news of bitcoin ban on a country. Also there is a delay in news release and order that you might place, i feel market always will have the news discounted in it's price and technical indicators, so i think it's better to trade using these technical indicators only.
The issue with trading the news is that it is incredibly unreliable, as a news which can be considered important may not have any effect on the market, whether the news was good or bad, there are also some news which may seem to be of little importance and the market moves in a significant way, which makes trading the news almost impossible.

Now some may argue technical analysis is as unreliable, and they may have some grounds to make that assertion, but I think technical analysis is still better on that front as it can tell you way more not only about what is happening right now with the market but about what you should do, while trading the news at most tells you the direction the market could go, but it does not tell you how big your position should be, how long it should be open, how high your profit should be or when you should close your trade.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
May 13, 2023, 05:51:17 PM
#67
I think something about this, the news are those things that can divert us from our direction or our commercial decision, that is,we cannot make decisions Based on the news,because the news is not reliable, unless it is fundamental, and with Regarding the technical indicators, none will work if the market is not Understood, since the market is not a merely mathematical quadrilateral system that responds to behaviors by figures or by mathematical modeling Behaviors, the Market has other aspects, emotions, Whales, institutions , but above all the emotions.

hero member
Activity: 2114
Merit: 619
May 13, 2023, 04:04:17 PM
#66
Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?
News about the project is not a trading influential first of all. If you are trading on the basis of the news of the coin around you aren't really a trader you were just being lucky. Trading news is very difficult i have seen coins getting devastated even on good news because market falls and have seen coins going up on news of bitcoin ban on a country. Also there is a delay in news release and order that you might place, i feel market always will have the news discounted in it's price and technical indicators, so i think it's better to trade using these technical indicators only.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
May 13, 2023, 03:53:09 PM
#65
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?
You are very right and completely agree with you, any body can have a different opinion or perspective to this, but for me, the news is what determines price movements of the coin.

A very clear example which I believe no body will argue with is, what happens when developers announces listing their coin on a major cex, for example, binance, kucoin, coinbase?
The coin price explodes, with investors jumping over one another to invest in the coin, this is something or should I say I price increase that a technical indicator can never show any one, no matter how good the person is, except the person have an insider information of what is about to happen in terms of the coming news.
News is significant but we know that it isnt something that we could really just simply rely into it because this market cant really be having that news every now and then on which you could really rely on.

If ever there's no news in the market, how you would be able to deal up with the current market pricing? How you would be able to determine your entry? There's no way that you would just simply
still and sit down and wait up for some news or fundamentals just because you are really just relying on it, this is where technical analysis would set in, it might not really be giving out that
precise approach or prediction but in overall it is really just the same with Fundamentals too.

This market is never been that predictable on which means that no matter which one of the two you would really be using, it wont really be giving out that 100% assurance when it comes to positive results or outcomes.
hero member
Activity: 2072
Merit: 656
royalstarscasino.com
May 13, 2023, 03:51:14 PM
#64
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?
You are very right and completely agree with you, any body can have a different opinion or perspective to this, but for me, the news is what determines price movements of the coin.
News becomes part of fundamental influences of the market situation. That is why this is also very influencing how the market will goon. And technical analysis will help us to determine the position of trading based on the indicators of the market prices of certain coins. But indeed, commonly traders will really also consider the news upcoming to analyze the coin and then make further technical analysis to at least predict how far the price will go up or go down in vice versa.
hero member
Activity: 2170
Merit: 530
May 13, 2023, 03:39:46 PM
#63
Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?
Yes, no doubt about it. For a kind of person like me who doesn't really into TA I mean I am not so expert in TA I rely mostly on the news. I spend time checking Twitter, telegram and other news outlet such as Bloomberg. It really helps me to decide whether I will buy that certain token or coin or should I make DCA. But then we should learn TA of course and some other trading instrument so we can trade efficiently.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
May 13, 2023, 01:23:25 PM
#62
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?
You are very right and completely agree with you, any body can have a different opinion or perspective to this, but for me, the news is what determines price movements of the coin.

A very clear example which I believe no body will argue with is, what happens when developers announces listing their coin on a major cex, for example, binance, kucoin, coinbase?
The coin price explodes, with investors jumping over one another to invest in the coin, this is something or should I say I price increase that a technical indicator can never show any one, no matter how good the person is, except the person have an insider information of what is about to happen in terms of the coming news.
full member
Activity: 1134
Merit: 140
May 13, 2023, 12:53:19 PM
#61
        When you say technical indicators, it only indicates to the traders the things that can push the mind of the individual trader whether the value of a coin or bitcoin is going up or down.

        While in the news, their influence on the community is strong, where the positive can be turned into a negative and the positive
into a negative. In short, in the news they can provide Fud that can be destroyed by cryptocurrency.
The way you define Technical Indicators can also be applied in the News. In our community, there are also lots of people who believe in Technical Indicators but they are mostly traders. Using the News might still help them so why not do both instead of one?

A positive News is already positive. I don't get it on why the community will turn it into a negative one? Ah maybe, it depends on the News like the creation of CBDC because we think it was only just a threat to the crypto. For the negative News that turn into a positive one, it must be the FUDs. Speaking of FUDs, no they can not destroy cryptos because they are not proven to be real and even if its real, crypto people won't let it happen.
hero member
Activity: 1148
Merit: 518
May 12, 2023, 11:55:59 PM
#60
I still think nobody should care about the news, I had too many friends who bought fracking Doge because of news, and they ended up losing a lot of money in the end because we have seen it drop so much. Do not trade based on news, you are not going to win and the end result will not be nice. I know that you want to do something amazing about it, but that doesn't mean that you will end up with anything good, you are going to end up with a lot of loss. Just do learn how to trade like a professional trader, check what they are doing, they are professionals of it and make money so why try to do something different? Learn their ways and whatever they are doing, try to be good at it like them so you could do profit from the same way too.
If you want to be perpetually profitable, you must devote sufficient attention to the news and trade indications. It's not just about leaping into trades without confirmation; there's always a beginner's luck in trade, which may be propelled up to the usual level of trading. Trading the news is highly recommended for top market traders who understand the proper entry point. The high volatility of the market generates news, and it is extremely feasible to make enormous money with trading news, which is highly rewarding. Trading indicators is a basic project that has resulted in gains for various traders. Learning from experts is an excellent way to grow, but avoid triggering deals that will shake your capital, because as experienced traders gain expertise, they may decide to leave a trade for a week, because the pro traders gather experience, while the beginner will be panicked and closes trade in losses.
hero member
Activity: 2086
Merit: 575
May 12, 2023, 05:31:21 PM
#59
I still think nobody should care about the news, I had too many friends who bought fracking Doge because of news, and they ended up losing a lot of money in the end because we have seen it drop so much. Do not trade based on news, you are not going to win and the end result will not be nice. I know that you want to do something amazing about it, but that doesn't mean that you will end up with anything good, you are going to end up with a lot of loss. Just do learn how to trade like a professional trader, check what they are doing, they are professionals of it and make money so why try to do something different? Learn their ways and whatever they are doing, try to be good at it like them so you could do profit from the same way too.
hero member
Activity: 3010
Merit: 794
May 12, 2023, 05:26:40 PM
#58
Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?
I consider them both when making an analysis but as I can see, news is more influential and could affect the trend. This is possible because of the influencers who use social media platforms to create market drama and manipulate the market. That is why if we are in trading we should not just stick to charts and price movement but also must spend more time on the news as we don't need to become outdated but rather make ourselves updated.
An analysis is not pretty easy and effortless, it was indeed a time-consuming.

Good to use both rather than picking one since it can increase your chance to win on your trade. Also better to have multiple source of information since trading doesn't stop on one category only and many things need to consider depends on  what current trend going on. That's why other take wrong decision since they think that its good to focus only on charting or rather reading the news, they forgot to know some other aspects on trading since there are sudden shift of everything since volatility of each crypto is so unpredictable.
You should really be that versatile when it comes to methods and ways which you could possibly apply into your analysis on which it would be more the better.Fundamentals and Technicals should really be having when

you do make out some trading analysis because not all would really be just focusing on TA and there are indeed times which FA would really be that significant on which it would really be just that right that
you should really be that having that adaptability on whatever things that you would be encounter. TA cant really be that precise as always but this had been the common tool on which people would be making use because there's no point on taking up some approach without having these things because you are just simply doing gambling.

Yes, no FA or TA could really be giving out that precise prediction on which it would really be just that normal that those things would really be not effective but at least we have done our best
on applying on what are the things that possibly should be applied.It does really that matter on what we are doing.
jr. member
Activity: 1708
Merit: 3
May 12, 2023, 11:32:42 AM
#57
Technicals can help with the market direction but not all the time.News are usually more impactful and can quickly lead to a huge rise or drop in the market within a few seconds. Think you should pay more attention to news than the technicals.
full member
Activity: 2086
Merit: 193
May 11, 2023, 04:47:13 PM
#56
Both aspects of the job are quite important. At the very least, you need to be prepared for the fact that at some point you need to be able to use both.
News can invalidate the TA in an instant, so you must not ignore this or else you might lose the chance to get out of the market and save your money from losing. TA is still reliable if there’s no big news coming in the market, it can tell you where the market is heading and tell you when to buy and sell. But since the cryptomarket is more about the hype and fud, news are also important, it can change the trend instantly.
sr. member
Activity: 616
Merit: 317
Vave.com - Crypto Casino
May 11, 2023, 04:08:20 PM
#55
Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?
For me these 2 factors can influence the trend in the crypto market. Because in some ways, news can have a bigger impact on the market than technical indicators. Because news deals with global economic developments which can have a huge impact on market trends. An example is the announcement of a ban or restriction on crypto by the government or a large company announcement about crypto adoption that can affect the price of crypto. News can also trigger panic among investors which can impact market volatility.

Meanwhile, technical indicators can provide indications about market trends and support levels. This indicator measures the momentum and direction of price movement and can assist traders in making trading decisions. So, it is important to consider both factors, namely fundamental and technical factors. we have to stay updated with the latest news and understand how it can affect the market, but also have to understand and master technical analysis.
sr. member
Activity: 1288
Merit: 305
yes
May 11, 2023, 01:48:16 PM
#54
That's because news creates more FUDs, and the indicators only follows. News plays a huge part when it comes to pump and dump of the market, that's why when trading, it is important to know the latest news about the major cryptocurrency, especially Bitcoin, because when it dumps or pumps, most of the time, altcoins always follow.
Technical indicators are required to grasp in the market, but it is more crucial that a trader understands how and when to trade news. It might be the CPI or the FOMC; they are the market's big dump and massive pump. Fear, uncertainty, and doubt are the obstacles that have prevented the majority of traders from initiating transactions. The market moves up and down at any time, consequently, it is our responsibility to checkmate every single step the market takes and follow it up on a regular basis if one wants to continue earning tiny and significant rewards from the market.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
May 11, 2023, 12:49:53 PM
#53
Always go with TA, because that is something that will work unless there is a big news, whereas news is something you will hear about it after it happens, there is no news like "Elon will tweet in 20 minutes and make the prices go up", it is always "Elon tweeted and prices went up" which is past tense, which means you are too late. So always go with indicators so that you would be at least doing something right until people end up figuring out how they could avoid that and go with the news.

I personally enjoy the current system and thanks to that I have been making some profit as well. I know not a lot of people like to work hard for their tiny profits, but when you do that enough times, you end up with a great return without a doubt.
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