Author

Topic: Technical indicators vs the News (Read 638 times)

legendary
Activity: 2366
Merit: 1023
DGbet.fun - Crypto Sportsbook
June 02, 2023, 07:22:15 AM
#92
It is evident that fundamental news plays a significant role in driving the market, whether positive or negative. In many cases, the market behavior can override technical analysis when important news is released. For example, in forex trading, it is generally advised to avoid trading 30 minutes before and after high-impact news events. This principle also applies to crypto trading, including Bitcoin, as its price movements can have a significant impact on the volatility of other crypto pairs. Staying updated on the latest fundamental news related to the trading pairs, especially in the crypto and forex markets, is essential for analyzing their potential impact on price movements. Regularly reading and analyzing relevant news helps to make informed trading decisions.
The news is also affecting the decision of the people, when they hear negative news, they are selling off their coins top quickly but if they heard also positive, they keep on buying. Such scenarios will not just show how people are reliant on the news but somewhat a basis to make decisions. That is how the FUDs easily manipulated the market trend and it keeps on winning. And that is why only a few people can manage to hold long-term compared to the numbers of investors who are short-term.

Our buying and selling actions cause market movements. So it can be said that news does not affect the market, it affects our psychology and leads to our actions. People react to the news, and from there, they dump or keep buying, causing the market to move. Indeed, news plays a very important role in the market, and because of this, many sharks have also taken advantage of this weakness to spread Fuds to manipulate our psychology. It can be seen that the market does not move according to supply and demand, but mainly due to speculation by people, so the news has a significant influence on the market.
sr. member
Activity: 2478
Merit: 343
20BET - Premium Casino & Sportsbook
June 02, 2023, 06:37:34 AM
#91
It is evident that fundamental news plays a significant role in driving the market, whether positive or negative. In many cases, the market behavior can override technical analysis when important news is released. For example, in forex trading, it is generally advised to avoid trading 30 minutes before and after high-impact news events. This principle also applies to crypto trading, including Bitcoin, as its price movements can have a significant impact on the volatility of other crypto pairs. Staying updated on the latest fundamental news related to the trading pairs, especially in the crypto and forex markets, is essential for analyzing their potential impact on price movements. Regularly reading and analyzing relevant news helps to make informed trading decisions.
The news is also affecting the decision of the people, when they hear negative news, they are selling off their coins top quickly but if they heard also positive, they keep on buying. Such scenarios will not just show how people are reliant on the news but somewhat a basis to make decisions. That is how the FUDs easily manipulated the market trend and it keeps on winning. And that is why only a few people can manage to hold long-term compared to the numbers of investors who are short-term.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
June 02, 2023, 05:08:57 AM
#90
Asset trends are heavily influenced by both technical and fundamental analyses. Fundamental research is more influential in mature markets such as equities. Due to the lack of fundamental data in more recent and speculative markets, such as cryptocurrency markets, technical analysis may have a greater impact. I'd advise you to consider both strategies and modify them according to market circumstances.
Fundamentals are fine enough, you don't need TA for every project and because TA is only half of the times correct don't take the TA as the future but only as an indication of a possible future. It is better to not depend on analysis at all. If you are going with day trading then analysis does play a role. But if you are going long term, you could leave TA aside, use the general metrics to determine buying and selling prices which can lead to good profits.

While some people can use TA to make huge profits over day trading not everyone can and so it's better not to follow them and do more of long term trades.
hero member
Activity: 980
Merit: 559
May 28, 2023, 07:22:50 AM
#89
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?

To my own understanding, market is driven by sentiments and emotions, the technical indicators are tools that guide you next direction of the market and the news makes the direction faster but this depends on the type of the news that hit the public. You can have a market in a downtrend and when a bad news comes that can cause fear, people will panic and sell their bags and if it is positive, the news can invalidate your trades, that is the relationship between news and trading indicators.

If you are new to all the ways of the market, just have an assumption that the market will pump especially now that the market is in bear mode, now way a crash will come that will bring bitcoin below $15k, buy what you have in mind and hold, they will pump and when the news comes, that will be a bonus for pumping of the coins.
hero member
Activity: 980
Merit: 947
May 28, 2023, 05:54:50 AM
#88
The cryptocurrency market is full of inexperienced traders that depends mostly on news to trade and that's why the market is too volatility. I have noticed that in the market when there's a positive news about a project in the bull market, it affects the market more than fundamentals. Traders and investors just rush to buy the coins in hope of expecting a good return due to the news they just heard.

What most traders do is, buy the rumors and sell the news and that's what has more effective in the market as when you observe how the market moves you'll see many projects gets pumped when there's a positive rumor and immediately that event happens the coin dumps.
I doubt that market volatility depends on inexperienced traders, perhaps large traders can influence small-cap tokens, but the same cannot be said for inexperienced traders who are practically unable to influence the market.

Perhaps there are those who buy or sell only based on the news, but it seems to me that such trading is initially doomed to loss of funds. The analysis should be comprehensive, in which case there will be significantly more chances for successful trading.
legendary
Activity: 2744
Merit: 1878
Rollbit.com | #1 Solana Casino
May 28, 2023, 05:37:06 AM
#87
That's why we need to be able to use news and analysis to complement each other so we can know what's going to happen and get into the market whenever possible. Maybe our analysis will not always be right because there must be a shift from what we have predicted, which is normal. But at least we can foresee what will happen so we can be prepared for all the possibilities. And if we can improve our analytical skills and get valid resources, it will be useful for analyzing market conditions.
The analysis is just a warning that the market will approach the conditions that we have predicted using technical and fundamentals.
No forecast will be 100% correct, there will be some conditions that will not be the same and never imagined.
Continuously improving your analytical skills will give you a better knowledge and reading of the market.

-snip-
FUD and fomo news usually comes out of nowhere. Just careful when do trade always put stop losses and take profit area know how to take profit know how to stop losses
FUD and FOMO arise from various parties who have the influence to control market prices.
Whales will manipulate the market by creating FUD to drive the price lower and be able to buy it at a lower price, then it will be followed by FOMO so that the price rises and can sell at a high price. this is a game so there will be a lot of price speculation.

The cryptocurrency market is full of inexperienced traders that depends mostly on news to trade and that's why the market is too volatility. I have noticed that in the market when there's a positive news about a project in the bull market, it affects the market more than fundamentals. Traders and investors just rush to buy the coins in hope of expecting a good return due to the news they just heard.
-snip-
Traders who are inexperienced and only trade based on news or other people's advice, are actually not safe, they will be the bait used by the Whales to move the market.
Traders and investors who only buy and sell in a hurry do not have any foundation so they are easy to manipulate.
hero member
Activity: 616
Merit: 749
May 28, 2023, 12:27:38 AM
#86
Asset trends are heavily influenced by both technical and fundamental analyses. Fundamental research is more influential in mature markets such as equities. Due to the lack of fundamental data in more recent and speculative markets, such as cryptocurrency markets, technical analysis may have a greater impact. I'd advise you to consider both strategies and modify them according to market circumstances.

The cryptocurrency market is full of inexperienced traders that depends mostly on news to trade and that's why the market is too volatility. I have noticed that in the market when there's a positive news about a project in the bull market, it affects the market more than fundamentals. Traders and investors just rush to buy the coins in hope of expecting a good return due to the news they just heard.

What most traders do is, buy the rumors and sell the news and that's what has more effective in the market as when you observe how the market moves you'll see many projects gets pumped when there's a positive rumor and immediately that event happens the coin dumps.
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
May 27, 2023, 10:50:43 PM
#85
Technical analysis will be broken if you get news that can shake the market. however, we can observe that it will stop at support or resistance that occurs, so it is safest to use technical analysis at normal times, so there will be more work, especially in forex we know the news schedule that can be seen on the forex factory, you have to be careful when news is red, often unexpected movements occur. whereas fomo and fud can also provide wild movements if many psychology is affected

Agreed date of news sometimes can be predicted on economic calendar so we still need technical analysis for day trading or doing scalping when there is no news.

FUD and fomo news usually comes out of nowhere. Just careful when do trade always put stop losses and take profit area know how to take profit know how to stop losses
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
May 27, 2023, 10:45:01 PM
#84
The news may be more influential than technical indicators, but that is not always true. Those of us who have traded often see that news can shake market prices because when people read or see it, they will think that something will happen to the market. But if the news has no effect, the market will not change and will only continue its movement. And for that, we should be able to collect more news to support our analysis to find clues about where the price will move. If we can't, we will find it difficult to find the moment to enter the market.
More specifically it is about Technical Analysis and Fundamental Analysis, both of which have an attachment and will complement each other.
Both analyses also give an idea of what will happen to the market in the future.

News will change every direction of the market to bearish or bullish, and Technicals using Indicators will be a machine that will continue to run along with the direction.

Mastering both analytical sciences will help a person understand the market well and be able to analyze based on technicals and fundamentals.
That's why we need to be able to use news and analysis to complement each other so we can know what's going to happen and get into the market whenever possible. Maybe our analysis will not always be right because there must be a shift from what we have predicted, which is normal. But at least we can foresee what will happen so we can be prepared for all the possibilities. And if we can improve our analytical skills and get valid resources, it will be useful for analyzing market conditions.
legendary
Activity: 2268
Merit: 1655
To the Moon
May 27, 2023, 03:48:10 PM
#83
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...

It is for this reason that all traders are waiting with bated breath for another speech by the head of the Federal Reserve System, Mr. Powell, since it depends on whether the markets will rise or fall. And at such moments, you should not focus on technical and fundamental analysis, since the price may move in the opposite direction.
legendary
Activity: 2744
Merit: 1878
Rollbit.com | #1 Solana Casino
May 27, 2023, 02:45:41 PM
#82
The news may be more influential than technical indicators, but that is not always true. Those of us who have traded often see that news can shake market prices because when people read or see it, they will think that something will happen to the market. But if the news has no effect, the market will not change and will only continue its movement. And for that, we should be able to collect more news to support our analysis to find clues about where the price will move. If we can't, we will find it difficult to find the moment to enter the market.
More specifically it is about Technical Analysis and Fundamental Analysis, both of which have an attachment and will complement each other.
Both analyses also give an idea of what will happen to the market in the future.

News will change every direction of the market to bearish or bullish, and Technicals using Indicators will be a machine that will continue to run along with the direction.

Mastering both analytical sciences will help a person understand the market well and be able to analyze based on technicals and fundamentals.
member
Activity: 499
Merit: 16
May 27, 2023, 12:15:09 PM
#81
Asset trends are heavily influenced by both technical and fundamental analyses. Fundamental research is more influential in mature markets such as equities. Due to the lack of fundamental data in more recent and speculative markets, such as cryptocurrency markets, technical analysis may have a greater impact. I'd advise you to consider both strategies and modify them according to market circumstances.




hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
May 27, 2023, 03:18:55 AM
#80
The news may be more influential than technical indicators, but that is not always true. Those of us who have traded often see that news can shake market prices because when people read or see it, they will think that something will happen to the market. But if the news has no effect, the market will not change and will only continue its movement. And for that, we should be able to collect more news to support our analysis to find clues about where the price will move. If we can't, we will find it difficult to find the moment to enter the market.
full member
Activity: 1246
Merit: 102
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
May 27, 2023, 01:31:03 AM
#79
Fundamental is first Most of Crypto, forex and Stock trader that I know from telegram,youtube, or trading view is always analyzed the news before they made a technical analysis.

and pretty much news is powerful that is why lot of people hate the Fud or FOMO news. because how no matter you are good at technical analysis with a bunch of indicators can still losses when there is big news sowed up. Take example with Mr. Jerome Powell of the Fed Raising interest rate all the market will shaken
Technical analysis will be broken if you get news that can shake the market. however, we can observe that it will stop at support or resistance that occurs, so it is safest to use technical analysis at normal times, so there will be more work, especially in forex we know the news schedule that can be seen on the forex factory, you have to be careful when news is red, often unexpected movements occur. whereas fomo and fud can also provide wild movements if many psychology is affected
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
May 26, 2023, 08:20:05 PM
#78
Fundamental is first Most of Crypto, forex and Stock trader that I know from telegram,youtube, or trading view is always analyzed the news before they made a technical analysis.

and pretty much news is powerful that is why lot of people hate the Fud or FOMO news. because how no matter you are good at technical analysis with a bunch of indicators can still losses when there is big news sowed up. Take example with Mr. Jerome Powell of the Fed Raising interest rate all the market will shaken
hero member
Activity: 2996
Merit: 609
May 26, 2023, 06:57:21 PM
#77
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 just considers news an anomaly to the technical analysis, it always changes the course of the market almost immediately when the good news or bad news comes out.
therefore the technical analysis suddenly become useless. moreover, i'd argue that news have much more influence than general technical analysis because actually it could create fomo rather quite easily.
meanwhile technical analysis in general could be taken advantage instead, by the whales to get ahead of you and rob you of your capital eventually.
but sometimes news can be less influential too, at some cases when the market is having bullrun, even bad news does quite literally nothing.
Its actually random and TA's couldnt really be precise 100% all the time but having something like this could able to at least patch up on what are the things that must done.
Just like on what others been saying above that its better to deal up with the market with having this kind of analysis rather than on having that totally random approach on making your
positions which it doesnt really make sense since it could be called gambling if ever you do have that kind of treatment.

There's no point on making some collision in between technical and fundamental because both are really that beneficial if you do just know on how to utilize these things. Some do prefer
on technical but also welcoming out some fundamentals on the time that news would really be coming out. We know that this market is really
that highly reactive when it comes to news on which it is really just that right on having that interchangeable kind of approach basing up on the situation.
hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
May 26, 2023, 06:24:00 PM
#76
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 just considers news an anomaly to the technical analysis, it always changes the course of the market almost immediately when the good news or bad news comes out.
therefore the technical analysis suddenly become useless. moreover, i'd argue that news have much more influence than general technical analysis because actually it could create fomo rather quite easily.
meanwhile technical analysis in general could be taken advantage instead, by the whales to get ahead of you and rob you of your capital eventually.
but sometimes news can be less influential too, at some cases when the market is having bullrun, even bad news does quite literally nothing.
sr. member
Activity: 910
Merit: 255
May 26, 2023, 06:01:28 PM
#75
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?
Technical indicators provide insights into short-term price patterns and market sentiment, while news and fundamental analysis help understand the long-term prospects and potential catalysts for a cryptocurrency.
hero member
Activity: 2730
Merit: 632
May 26, 2023, 05:30:55 PM
#74

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.

In trading, if technical indicators and news are compared, it is clear that most of the trading is done on the basis of technical indicators. There is no doubt that news always influences the trading market, but that doesn't mean you should prioritize news over technical indicators, or trade depending on the news. Any good news can make the market go up and any bad news can cause the market to fall, and sometimes no good or bad news affects the market.

Therefore, you should always prefer technical indicators and try to trade using as many technical indicators as possible.

You could actually do both things if you do like or something that preferable because we know that this market cant really be having that news all the time which means it would be needing to be read up by using up those technical indicators on which we do commonly make use if ever the market is having no sentiments or things around in speaking about news which it would really be just that a common approach to be done.
There's no need for us to choose in between two because both are really that significant on certain situations on which it would really be just that right that you should really be making out some adjustments if
ever you do see that it would really be that relevant.Its up to you whether you would be using TA or FA on a certain condition which you would easily switch up in between which is something that really a very common
approach of a certain good trader. As long you do know on how you would really be able to handle yourself then its up to you on what you should gonna do.
full member
Activity: 280
Merit: 114
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
May 25, 2023, 11:02:38 PM
#73

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.

In trading, if technical indicators and news are compared, it is clear that most of the trading is done on the basis of technical indicators. There is no doubt that news always influences the trading market, but that doesn't mean you should prioritize news over technical indicators, or trade depending on the news. Any good news can make the market go up and any bad news can cause the market to fall, and sometimes no good or bad news affects the market.

Therefore, you should always prefer technical indicators and try to trade using as many technical indicators as possible.
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: 2632
Merit: 1883
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: 2156
Merit: 670
Hire Bitcointalk Camp. Manager @ r7promotions.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: 1176
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: 2170
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: 1890
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: 3752
Merit: 1170
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.
hero member
Activity: 938
Merit: 605
Leading Crypto Sports Betting & Casino Platform
May 11, 2023, 07:35:21 AM
#52
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?
Technical indicators are just techniques arrived at through various analysis and as such is conceived that anyone can do their own analysis and take up whatever decision they which on their trade based on their analysis.
 Unlike technical analysis the News preys on the emotional and psychology of traders, sometimes creating FUDs that was never there. And more often than none, the news has given much better results and putting traders on the safer side than technical analysis has done especially when it's a legit news.
sr. member
Activity: 2436
Merit: 455
May 11, 2023, 06:41:57 AM
#51
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.
legendary
Activity: 2758
Merit: 1228
May 11, 2023, 06:26:20 AM
#50
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.
sr. member
Activity: 2828
Merit: 344
win lambo...
May 11, 2023, 04:02:02 AM
#49
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.
hero member
Activity: 2366
Merit: 594
May 10, 2023, 10:30:01 PM
#48
(.....)
I love technical analysis because it gives you historical data/overview of what a particular asset has done in the past, while fundamentals are base on current news events happenings.
If you are a trader, for sure you must rely more on technical analysis.
For me, if you rely on the news, I think it's better to just use it as a "second opinion" from your technical analysis because, for me, the chart says it all, you just need it to analyze like checking the candlesticks, candlesticks pattern.


but always also see news because you won't be having an entry that against the news, but in crypto news are not that fast and not the same with stocks or forex, which it will affect in all aspects of the world. Technical analysis is really first, but always read the news daily so that you can also look out for good entries. But still, it doesn't mean that it always goes your way, as there are really times when patterns or history won't repeat themselves, so just be cautious.
legendary
Activity: 2534
Merit: 1397
May 10, 2023, 10:27:10 PM
#47
(.....)
I love technical analysis because it gives you historical data/overview of what a particular asset has done in the past, while fundamentals are base on current news events happenings.
If you are a trader, for sure you must rely more on technical analysis.
For me, if you rely on the news, I think it's better to just use it as a "second opinion" from your technical analysis because, for me, the chart says it all, you just need it to analyze like checking the candlesticks, candlesticks pattern.
hero member
Activity: 3010
Merit: 794
May 10, 2023, 06:17:18 PM
#46
Analysing the trend of the crypto market can be very complicated
It gets complicated when you haven't invested the time to learn how to analyze the markets, know how to read charts , know which news really affects crypto and the alike...

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.
Deciding factors not really true, these are more like fundamental signals to what will likely happen in the markets. Otherwise market makers, whales and the alike do influence how markets move ...

 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?
Those who trade know very well that indicators lag and isn't advisable to use them unlessthey work for but trading without them using a naked chart can make you catch a move before it even starts.
Naked trading or simply having some clean chart reading is something that only possible for those professional or to those veteran ones who had been able to deal up with the market for so long but this one wont really be

that applicable into those newbies who are just recently diving in into the market.In speaking about which one is significantly needed, then i would say both things are really that relevant on which this market is really that cant be denied to be highly reactive when it comes to news and events around which it could make out some impact or not on a particular time. If there were no news in the market then what would be your approach?
You cant really just make out some positions without having no basis because that is really just purely gambling after all.

TA+FA is significant to be known or would be learnt up and its not something that you could really just simply put up a position and wont really be boggled on what you have done.
If you do want to lessen the risks then you should really know on how to do your assignment or things that should really be done or else
you would really be putting yourself into lots of errors.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
May 10, 2023, 01:15:15 PM
#45
Analysing the trend of the crypto market can be very complicated
It gets complicated when you haven't invested the time to learn how to analyze the markets, know how to read charts , know which news really affects crypto and the alike...

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.
Deciding factors not really true, these are more like fundamental signals to what will likely happen in the markets. Otherwise market makers, whales and the alike do influence how markets move ...

 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?
Those who trade know very well that indicators lag and isn't advisable to use them unlessthey work for but trading without them using a naked chart can make you catch a move before it even starts.
member
Activity: 560
Merit: 18
Eloncoin.org - Mars, here we come!
May 10, 2023, 10:00:47 AM
#44
         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.
legendary
Activity: 1750
Merit: 1329
Top Crypto Casino
May 10, 2023, 10:00:23 AM
#43
In technical indicators, this gives you a possible price movement. This could serve what are the likely next move If and only if there's no market manipulation which comes from the news that affects the price, in information if you are updated with the latest happening, you could check the possible entry and exit of the current status of the related to the coins you invest with so you can easily prevent lose and gain profit once it's done, we know that the hype once the news release is just temporary so you can make a good another positon on it, sometimes it breaks the technical analysis due on this possible decisions came from the user of it.
full member
Activity: 280
Merit: 114
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
May 10, 2023, 08:39:16 AM
#42
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?

You are absolutely right that indicators be influence crypto currency ,but with the news has a huge influence. You may have everything set according to the indicators but if any bad news comes than there are high chance of the market crashes. Because news has a huge impact on the crypto currency market. Because I have trading for a long time, sometime my indicators don't work because of bad news and where I buy , the market foes down. Therefore, you should always keep your self informed about world news.
hero member
Activity: 1022
Merit: 600
April 30, 2023, 05:57:09 PM
#41
News has a lot of influence in terms of moving the market than the Technical Analysis does, TA gives you overall information about the asset performance in the past , and sometimes the news helps technical analysis to reach its target point. It doesn't matter if you are a TA or fundamental trader, rather is the abilitability to take advantage of the market either ways. I love technical analysis because it gives you historical data/overview of what a particular asset has done in the past, while fundamentals are base on current news events happenings.
legendary
Activity: 2982
Merit: 1153
April 30, 2023, 05:09:43 PM
#40

Technical indicators give us hints on when to buy or enter the market, it also gives us hint on when to sell, it does not literally make the price of the market increase, but it is useful to know when to enter and exit the market.  While the news has the ability to move the market.  News can greatly affect the market sentiment and can initiate trends which can overpower indicators and make it invalid.

It would be beneficial for our trading career if we are able to use both factors (news and technical indicators) to our advantage.

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?

This is mostly because the cryptocurency market is filled with lots of emotional traders, they buy or sell a project because of how their emotions tell them to. This is very common because we have lots of inexperienced trader's and investors in the market. Basically anybody can pick up their phone, register on an exchange and start calling themselves traders or investors

Well not all traders are veterans, there will always be a newbie among the herd.  And these newbies are susceptible to emotional factor that can affect their trading capabilities.

Only the professional traders make use of technical analysis, majority of the other traders don't even analyze the market before the buy a project. The cryptocurrency market is very unprofessional and that's why we have lots of failed traders and only a very few percentage of traders get success.

I do not think that only professional traders use technical analysis., and those traders who just buy what they thought is profitable are not traders at all, they are in fact gamblers that rely on luck and pretend to be a trader.
full member
Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
April 30, 2023, 03:11:17 PM
#39
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?

This is mostly because the cryptocurency market is filled with lots of emotional traders, they buy or sell a project because of how their emotions tell them to. This is very common because we have lots of inexperienced trader's and investors in the market. Basically anybody can pick up their phone, register on an exchange and start calling themselves traders or investors

Only the professional traders make use of technical analysis, majority of the other traders don't even analyze the market before the buy a project. The cryptocurrency market is very unprofessional and that's why we have lots of failed traders and only a very few percentage of traders get success.
I agree with your observations about the cryptocurrency market. It's true that the market can be highly emotional, and many inexperienced traders and investors can fall prey to FOMO (fear of missing out) or panic selling during periods of high volatility.

Professional traders typically use technical analysis and other analytical tools to make informed trading decisions. They have a good understanding of market trends and price movements, and they use this knowledge to develop trading strategies that can minimize risk and maximize profit.

However, as you pointed out, the cryptocurrency market is highly unprofessional, and this can make it difficult for new traders and investors to succeed. It's important to do thorough research and analysis before investing in any cryptocurrency, as well as to develop a clear trading plan and risk management strategy.
hero member
Activity: 616
Merit: 749
April 28, 2023, 12:28:04 AM
#38
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?

This is mostly because the cryptocurency market is filled with lots of emotional traders, they buy or sell a project because of how their emotions tell them to. This is very common because we have lots of inexperienced trader's and investors in the market. Basically anybody can pick up their phone, register on an exchange and start calling themselves traders or investors

Only the professional traders make use of technical analysis, majority of the other traders don't even analyze the market before the buy a project. The cryptocurrency market is very unprofessional and that's why we have lots of failed traders and only a very few percentage of traders get success.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
April 27, 2023, 11:41:33 PM
#37
For me, indicators can still be used as a reference. I know, the effect of news will change price movements more quickly, because news will create FUD and FOMO immediately after the news is released. however, when price movements are stable, there is minimal news, the indicator can be a good reference for entry and exit. Because, when the indicator shows an increase or down, at that time the media will start making news about the price and than FUD or FOMO occurs.

Then, we never know when we will get news, or when we read the news, we will be too late for entry/exit, so the most appropriate thing is to combine these two analysis methods according to market conditions if possible. Of course, this depends on how traders carry out their trading activities. I would not say you must doing this, it will depending on the habits and decisions of each.
Also the difference between using indicators and TA versus news is that you do not know about news and when they will come out. So you can easily do your TA and trade based on that, however if you are wrong and it doesn't happen then I would guess that it will be harder later on. Imagine trying to do something that is much harder than that, which is waiting for the news because we all know that the news will not be easy to handle and it will cause you to lose time without a second.

If you wait for the news to change something in the market, since you can't know it beforehand, you will be late to it and most of the time it will be already moved when you want to make a move. So, it's better to focus on TA and make a change there instead.
sr. member
Activity: 1008
Merit: 366
April 25, 2023, 12:07:39 PM
#36
I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators

We use the TA based on past performances and applying many strategies to get the price chart to get a prediction. Which is never 100% correct. There's always a room for error in TA. Trend or news influence on the other hand is based on influencer spreading their thoughts and sometimes fake news to manipulate the market. Which is very temporary compared to the original data which shows how the market behaves.
This is why the market is always unpredictable. Anything can happen at any time.
But if you want to trade the market based on trend, you will have to be at your best. Otherwise, as I mentioned it being temporary, the trend could end very soon thus putting you in loss.
It is the best to take your time to do technical analysis and trade based on that. Which will give you more success rate and in the long run in the market you will become a pro trader.
Not your financial advisor. Do your own research.
legendary
Activity: 2100
Merit: 1340
April 25, 2023, 08:10:31 AM
#35
  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 should pay attention to how it can work in conjunction. I noticed a long time ago that when technical indicators indicate the expected outcome and this is confirmed by the news (if we take any token as an example), then the probability of the expected movement will be much higher. Therefore, you need to be able to analyze everything as a whole, because this can give you a more complete picture.
sr. member
Activity: 2296
Merit: 360
April 25, 2023, 07:01:36 AM
#34
Both are better and are important. But a trader should pay more attention to the news than technical indicators. It should be in the ratio of 70 - 30. The news is important because it will avail you information of the latest sentiments in the market and how they positively or negatively impact the worth of Bitcoin. It acts as a future predictor and therefore more attention should be given to it.
I disagree with you.

News is like tip of iceberg but it is not the real reason. Real reason is because of technical indicators show that the market must have a big change so news is released to direct the market to what it should move. Do you see like after a market has its big movements, hours later you will see some articles on Coindesk, Cointelegraph and other sites to make it like there are reasons for the latest big movement. It is to make people think that the market is actually moving naturally. In fact it moves by manipulation from Market makers.

Agreed, sometimes the news is released just to legitimize market manipulation by market makers to make people believe that the market is reacting to the news and not being manipulated. But it also depends on the case and the type of news, such as news about the war between Russia and Ukraine, it is not a pre-arranged thing but a surprise. To monitor the market, we need a combination of many factors, none of which are more important than the other, all of which are essential to us.
There's no way on pointing it out or justifying that it does really affect up the market.We know that this market is really that highly reactive when it comes to new or events
which anytime we do see some fuds or negative news then we do directly make out some assumption that the market might be going down or would be having that decline,
but it is really how many times that it do proves out that no everything would be relying on what type of news that we are currently reading on.
Therefore, its not really that worth to make out some finalization.


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?
The news is more powerful since everyone is aware of it, and it has a significant impact on investors. If there is terrible news, many people will panic and the price will fall, even if the price rises according to your market analysis. As a result, if you engage in fundamental analysis, your trade can be really effective.
Aside from that, it is still powerful to trade using simply technical analysis because many traders have become lucrative even without the news; in trading, the news is generally utilized for manipulation, thus traders usually follow it.
It indeed powerful yet we are just human beings which are susceptible when it comes to market conditions which our emotions are the main reason on why we would make out some
immediate response whether we would really be selling it up or would really be tending to buyback basing up on the market condition whether it would be that negative or positive.
TA's are helpful because we could project on whats the potential movement or pathway on which a certain coin would might to go on.
sr. member
Activity: 1316
Merit: 356
April 25, 2023, 06:51:57 AM
#33
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?
The news is more powerful since everyone is aware of it, and it has a significant impact on investors. If there is terrible news, many people will panic and the price will fall, even if the price rises according to your market analysis. As a result, if you engage in fundamental analysis, your trade can be really effective.
Aside from that, it is still powerful to trade using simply technical analysis because many traders have become lucrative even without the news; in trading, the news is generally utilized for manipulation, thus traders usually follow it.
legendary
Activity: 2324
Merit: 1604
hmph..
April 25, 2023, 05:29:51 AM
#32
Usually the news is played out before it becomes widespread. As the saying goes, buy on rumor, sell on news. That is why you should not trust indicators at all. They show people's reaction to news, which have already been played out. It is necessary to look for hidden factors and signs, rather than focusing on what everyone sees.

For me, indicators can still be used as a reference. I know, the effect of news will change price movements more quickly, because news will create FUD and FOMO immediately after the news is released. however, when price movements are stable, there is minimal news, the indicator can be a good reference for entry and exit. Because, when the indicator shows an increase or down, at that time the media will start making news about the price and than FUD or FOMO occurs.

Then, we never know when we will get news, or when we read the news, we will be too late for entry/exit, so the most appropriate thing is to combine these two analysis methods according to market conditions if possible. Of course, this depends on how traders carry out their trading activities. I would not say you must doing this, it will depending on the habits and decisions of each.
legendary
Activity: 2002
Merit: 1109
Free Free Palestine
April 25, 2023, 02:55:39 AM
#31
Both are better and are important. But a trader should pay more attention to the news than technical indicators. It should be in the ratio of 70 - 30. The news is important because it will avail you information of the latest sentiments in the market and how they positively or negatively impact the worth of Bitcoin. It acts as a future predictor and therefore more attention should be given to it.
I disagree with you.

News is like tip of iceberg but it is not the real reason. Real reason is because of technical indicators show that the market must have a big change so news is released to direct the market to what it should move. Do you see like after a market has its big movements, hours later you will see some articles on Coindesk, Cointelegraph and other sites to make it like there are reasons for the latest big movement. It is to make people think that the market is actually moving naturally. In fact it moves by manipulation from Market makers.

Agreed, sometimes the news is released just to legitimize market manipulation by market makers to make people believe that the market is reacting to the news and not being manipulated. But it also depends on the case and the type of news, such as news about the war between Russia and Ukraine, it is not a pre-arranged thing but a surprise. To monitor the market, we need a combination of many factors, none of which are more important than the other, all of which are essential to us.
hero member
Activity: 518
Merit: 547
April 25, 2023, 02:11:29 AM
#30
I have not been in the crypto space for not too long but I have concluded that the news is more influential in the trend of the market than the technical indicators, guys what do you think?
Do not rely on the Technical indicators. They just predict the market as we all do. I am not an expert, but experts never say they are experts. I don't know if you are talking about any specific indicators or signal websites. All indicators and signals are scams. Suppose they can predict the market, why do they have to sell their signals to make money? If they can predict the price, they can invest all in and make millions every day. The truth is all of them are scams.

Now, if you talk about news effects on the crypto market. Well, it happens. If Elon Musk tweets that he is going to buy Doge coins, people will start buying Dogecoin and traders will take profit from there. Those market pumps are temporary. Sometimes bad news like banning Bitcoin or mining effects the market as well. If you check the history, it happened multiple times.
legendary
Activity: 3808
Merit: 1723
April 25, 2023, 01:27:49 AM
#29
Basically the news is a hit or miss. Some news does affect the way bitcoin trades such as a bad CPI, or surprise fed rate or a big miss on the employment numbers. The issue with the news is that you normally see it late and by the time you react the move will already happen.

And many times the complete opposite can happen. This is happening now with employment numbers. Normally when employment is good, then stocks and crypto go up however lately it has been the opposite except for the last employment numbers. So its basically just like guessing and you should avoid trading any news events, especially on lower timeframes.
sr. member
Activity: 1372
Merit: 252
April 25, 2023, 12:09:50 AM
#28
Usually the news is played out before it becomes widespread. As the saying goes, buy on rumor, sell on news. That is why you should not trust indicators at all. They show people's reaction to news, which have already been played out. It is necessary to look for hidden factors and signs, rather than focusing on what everyone sees.
It's true that we shouldn't get hung up on just one thing and it's better to do in-depth analysis and research,
don't let our focus only be on indicators,
the important thing is to keep learning what to do to make the right decision.
hero member
Activity: 2828
Merit: 611
April 24, 2023, 10:41:53 PM
#27
Both are better and are important. But a trader should pay more attention to the news than technical indicators. It should be in the ratio of 70 - 30. The news is important because it will avail you information of the latest sentiments in the market and how they positively or negatively impact the worth of Bitcoin. It acts as a future predictor and therefore more attention should be given to it.
I disagree with you.

News is like tip of iceberg but it is not the real reason. Real reason is because of technical indicators show that the market must have a big change so news is released to direct the market to what it should move. Do you see like after a market has its big movements, hours later you will see some articles on Coindesk, Cointelegraph and other sites to make it like there are reasons for the latest big movement. It is to make people think that the market is actually moving naturally. In fact it moves by manipulation from Market makers.
This must be the reason why technical indicators/analysis is more popular in the trading scene than the news or fundamental analysis but outside the trading area, there are still news which can affect the coins value. Traders can use that to go out or go in before or after the news have occurred. Having some ratio for news is I think won't hurt.

I still believe that the market for bigger coins are moving naturally but manipulations happen for the smaller and newer coins only. People already know this but they are not scared of it. They are too brave to ride it because they know that they can benefit with it as long as the trade is done well.
legendary
Activity: 1806
Merit: 1161
April 24, 2023, 06:43:55 PM
#26
Usually the news is played out before it becomes widespread. As the saying goes, buy on rumor, sell on news. That is why you should not trust indicators at all. They show people's reaction to news, which have already been played out. It is necessary to look for hidden factors and signs, rather than focusing on what everyone sees.
hero member
Activity: 1428
Merit: 513
Payment Gateway Allows Recurring Payments
April 24, 2023, 03:57:10 PM
#25
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?
Bro, i just don't know why you guys make threads for such small things here, like this looks more like spam idk but you just asking about fundamental analysis because in technical analysis you learn charts and in Fundamental you observe news and the overall market. That's the main difference between it and both are necessary ones.

And you are totally right they both are necessary. And talking about the influential level of each, i think the fundamental analysis is more crucial to learn because charts are not that difficult you can learn to read charts and algorithms in a few months and they are predictable and understandable but the news cycle which is manipulated by media, big investors, banks, organizations, and governments, is so manipulated. And predicting that is so difficult and the impact of fundamental analysis is too much.
legendary
Activity: 3122
Merit: 1140
April 24, 2023, 02:55:07 PM
#24
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?
Complicated indeed on which there's no way on knowing on what would be the next market movement or result on which there's no way that we could be able to determine.
No matter how well your technical indicator would be then it wont really be giving out that 100% precision thats why we should really be needing to
be that versatile and really that knows on how to make and follow some plan B's.

That's because technical indicators doesn't necessarily cause price increases/drops like how news does; technical indicators can just give you a very small advantageous  bump in odds on what could likely happen more based on past performance.
Its better rather than on having nothing at all because we know that even TA's arent that precise but doesnt mean that they are irrelevant.This is so much
better than having nothing at all because if you do make out some trading or investment decisions without having any basis then you are just simply
doing gambling.
full member
Activity: 1092
Merit: 227
April 24, 2023, 02:40:32 PM
#23
The news analysis is nothing but part of factual analysis and also shortly referred as FA. You will see many traders using the terms TA and FA altogether on various instances. Well, news alone do not constitute the FA. There are many other factors which include teams involved in it, roadmap for the future, current status and updates in relation with that roadmap and much more. It does not always affect the technical judgment. The FA could impact the prices far later in the time and meanwhile you could see your TA working just fine on the given charts and time.

This is good question though since it makes us understand which one to consider in the first place. Whether it’s TA or FA. Sometimes it could be both of them.
legendary
Activity: 966
Merit: 1042
#SWGT CERTIK Audited
April 24, 2023, 02:31:35 PM
#22
Both have their importance in their domain as the news can directly manipulate the market in a short time but after that specific news hype the market is going to take the usual approach on the other hand, the technical indicators work every time frame but particularly in the large frame this indicator works more efficiently. Technical indicators are based on the historical data and behavior of the market + the investor's sentiments and approaches.

A long-term investment is always made after the technical indicators and data analysis nobody invests money on the basis of the news hype but people do invest money for short time to book profit in a short time.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
April 24, 2023, 01:02:54 PM
#21
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?
There's balance on this market if it's about indicators. Both indicators can be helpful, TA and the FA.

Whichever you think that's helping you more to win with your trades, recognize it. Many traders are for the TA and that's seem to be helpful for them and there goes the people like you that are into the news or FA.

It's better to learn both of it so that you combine the strategies that you've got and that will make your trading not that easier but I guess more familiar. And that is because you've got several references that you can think of with your trades.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
April 24, 2023, 12:36:27 PM
#20
Most of the time the news is under the control of the government, so FUDs about cryptocurrency usually come from news platforms. Because the influence is strong of course it somehow pulls the movement of the market here in cryptocurrency.

        But that does not mean that it will fall forever, it seems that there is an effect on this industry at least what they are reporting.
But there are also other news that provide good updates for the crypto community to be honest.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
April 24, 2023, 11:26:06 AM
#19
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 leads to movement in the market that changes the technical indicators. You can grossly say that news is the cause and the market movement is the effect which can be quantified by the technical indicators. But to be honest, you cant always rely on technical to start a trade, if you see a bullish trend setting in buy and hold before the indicators show the same, this comes from practice.

But there will be news that might never move the market, usually it is the case with the positive news while negative news grossly bring down the market.
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 24, 2023, 11:17:09 AM
#18
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?
Both fundamentals and technical analysis is helpful in predicting where would the price go. Both are useful but fundamentals can easily crush or help the technical analysis. There are instances that fundamentals aligns with the technical analysis. There are times that patters need a heavy push for it to materialize and sometimes FUDS or good news helps it. There are also instances that a big fud or fomo can affect the long awaited pattern by disrupting it with a heavy buying and selling pressure because of the news. I believe that both will be helpful to you depending on how you use it and how you see both type of analysis.
hero member
Activity: 2366
Merit: 594
April 24, 2023, 09:34:23 AM
#17
Indicators are lagging, meaning they are just predicting how the market behaves; it doesn't mean that the RSI is overbought; the market will then change its direction as the indicators tell it. News always has a big impact on the market, which is why you should always see the news before taking a trade because it is difficult to go against it, and mostly that is the time that those people who are not putting stop losses are losing their money.
hero member
Activity: 1050
Merit: 681
April 24, 2023, 09:32:32 AM
#16
I will agree that news is considered more important for cryptocurrency investment or trading.
Are you sure of that? I never saw a news which set a long term trend for bitcoin. Its just short term price swing on CPI and fomc meeting dates and the prices again start to follow their own path on the later day, regardless of the news.

Cryptocurrency doesn't obey the rules or technicalities of technical analysis.
If you think so, it means you haven't mastered the technicals yet. They do work, trust me.
hero member
Activity: 2828
Merit: 518
DGbet.fun - Crypto Sportsbook
April 24, 2023, 08:51:57 AM
#15
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?
And I am going to agree with that because people are too emotional when hearing the news and they interact with the market base on what they have read or heard in news. When compared to technical indicators, people are too skeptical of this and they are not even worried about what it showed there. Pretty too different in how they respond to the news. That is why traders are not just active in the market movements but also are following the current news especially when some influential person talks about the future of crypto.
hero member
Activity: 1204
Merit: 545
April 23, 2023, 03:13:37 PM
#14
As a crypto enthusiast who's seen it all, let me tell you, deciphering this market's capricious dance isn't child's play. Technical indicators and news can be your trusty sidekicks, but there's no failsafe in this high-stakes realm.

That said, I'm inclined to concur that news can pack a heftier punch than those pesky technical indicators. Sometimes, a single headline can spark a seismic shift in sentiment, igniting a flurry of buy or sell orders.

However, let's not forget that news can be as erratic as a squirrel on espresso. Traders who lean solely on the news may find themselves blindsided by market mood swings or unforeseen plot twists.

hero member
Activity: 3038
Merit: 617
April 23, 2023, 02:03:30 PM
#13

Even today when there is news about Markets in Crypto-Assets (MICA) in EU, the price plunges still.
There's no news you can rely on to bring the price up. The news coming from the developers, won't bring much influence on investors either.

People give more attention to the negative news on crypto but the TAs can spot a trend that is coming which is very much reliable information for investors.
full member
Activity: 462
Merit: 101
A Top Web 3 Gaming Layer2 Provider
April 23, 2023, 01:51:10 PM
#12
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?
The trend of the crypto market can be influenced by a variety of factors, including technical indicators and news about a project. While technical indicators can provide valuable insights into market trends and price movements, news and events can also have a significant impact on the market.

For example, news about regulatory changes, partnerships, or new developments in a project can cause significant price movements in the market. Similarly, negative news or events can cause a drop in prices.

Both technical indicators and news are important factors to consider when analyzing the crypto market. It is important to have a well-rounded understanding of the market and to consider multiple factors when making investment decisions.
sr. member
Activity: 2366
Merit: 332
April 23, 2023, 01:42:26 PM
#11
I will agree that news is considered more important for cryptocurrency investment or trading. Cryptocurrency doesn't obey the rules or technicalities of technical analysis. Technical analysis is basically tracing of charts which is more of forex trading and stock market analysis but the volatility of cryptocurrency is more of news striking the market. What technical analysis and indicators do to cryptocurrency market is trend formation as it relates to support and resistance, that though will change with news.
full member
Activity: 1048
Merit: 102
April 23, 2023, 01:33:20 PM
#10
News is far more powerful than indicators, this is what I say because I have that experience, the example is very simple,
we know 2022-2023 can be said to be Bearish season, but look at the lots of altcoin pumps due to good news, or dumps due to bad news,
yeah even though the indicators look good, so don't expect too much from trading indicators, you also need to stay updated and monitor social media coins that you hold.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
April 23, 2023, 12:51:48 PM
#9
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?

In crypto market news plays a very important role. It's news that cause fear in minds of investors, and they start bulk selling to avoid losses which results into the crash of market. There are many investors who purely invest in crypto based on news, if the news media shows that a coin is going to pump then investors blindly follow that news and start investing millions of dollars into that coin. Once a coin is bought in high volumes then next game is automatically done by bots of exchanges by bulk selling.

But, we can not underestimate the importance of indicators as they are crucial in crypto trading. In Bitcoin trading indicators work and if the trading is done with a professional plan, a well developed strategy, then you can gain enough profits with the help of those indicators. The market is mostly controlled by whales who hold a lot coins, and if they start bulk selling then those indicators can save you.
hero member
Activity: 2366
Merit: 838
April 23, 2023, 08:24:53 AM
#8
Both are better and are important. But a trader should pay more attention to the news than technical indicators. It should be in the ratio of 70 - 30. The news is important because it will avail you information of the latest sentiments in the market and how they positively or negatively impact the worth of Bitcoin. It acts as a future predictor and therefore more attention should be given to it.
I disagree with you.

News is like tip of iceberg but it is not the real reason. Real reason is because of technical indicators show that the market must have a big change so news is released to direct the market to what it should move. Do you see like after a market has its big movements, hours later you will see some articles on Coindesk, Cointelegraph and other sites to make it like there are reasons for the latest big movement. It is to make people think that the market is actually moving naturally. In fact it moves by manipulation from Market makers.
hero member
Activity: 1190
Merit: 901
Livecasino.io
April 23, 2023, 07:57:56 AM
#7
Both are better and are important. But a trader should pay more attention to the news than technical indicators. It should be in the ratio of 70 - 30. The news is important because it will avail you information of the latest sentiments in the market and how they positively or negatively impact the worth of Bitcoin. It acts as a future predictor and therefore more attention should be given to it.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
April 23, 2023, 06:02:40 AM
#6

  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?

Not all news is influential and the news you are describing is a fundamental analysis. The only time news influences the price if its seriously related on the fundamentals of coin like hack, acquisition and so on but not all news will give a necessary price action because most of them is just recycled or a minor changes on the project especially on crypto.

Let's use the Feds interest rate news as example. Regardless of what the news about the interest, BTC keep pumping even though it heavily affects the price before when this kind of news first release. People is already used to it so it doesn't gave much impact to all the traders to consider it on price analysis. Technical analysis is use for long term since news is not available most of the time. TA is more reliable of you want a better trade. Stop loss is being use to counter those sudden orice action due to the surprise news.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
April 23, 2023, 05:56:13 AM
#5
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?
It's obvious that fundamental news drives the market it's either a positive or negative news thus in most cases market defies any form of technical analysis whenever there is news at that moment for instance in forex trading it's always advisable to avoid trading 30 minutes before any Red news and continue 30 minutes after a news, it's also applicable in crypto trading too, therefore it's always important to get keep updated on fundamental news related to any trading pair particularly Bitcoin whose drop or pump in it price affect majority of crypto pairs in term of volatility, I took time to always read latest news related to crypto and forex with a view to analyze it impact on prices of the trading pairs.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
April 23, 2023, 04:59:11 AM
#4
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?

That's simply because news affects the emotions of traders as to how they engage the market. Are they being greedy or fearful? if so, are they buying more or selling off their positions?
When there are a lot of involvement in the market, guess what? It causes volatility. The market moves in a way that orders are cluttered both buys and longs.
Manipulation then occurs taking one side of the market before going truly one direction higher or lower.

Instead of choosing between price analysis and news, Try doing incorporating the news and fundamental research with your price action analysis. This will set an expectation as to how you also will engage the market. The more confluence you have, the more confidence you have in your trade and analysis.  That's how you will grow as a trader. Creating your own convictions and practicing your decision-making processes.
hero member
Activity: 1904
Merit: 541
April 23, 2023, 02:23:28 AM
#3
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?

In the news, because the market is often they can advertise the truth and false, that's the cycle of news. So sometimes you will find a variety of FUDs about Bitcoin and cryptocurrency.

Now, if we can count on technical indicators it will only be difficult if you do not know how to read it correctly, though sometimes or often it is not accurate so the situation becomes complicated as well.
mk4
legendary
Activity: 2870
Merit: 3873
📟 t3rminal.xyz
April 23, 2023, 12:37:37 AM
#2
That's because technical indicators doesn't necessarily cause price increases/drops like how news does; technical indicators can just give you a very small advantageous  bump in odds on what could likely happen more based on past performance.
member
Activity: 96
Merit: 13
April 23, 2023, 12:18:58 AM
#1
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?
Jump to: