Hello to everybody,
I have question about chart analysis. Are there any differences betwen chart analysis in traditional stock exchange and crypto exchange? Considering that the crypto exchange is much more emotional in decision making? Can we use exactly the same analysis techniques or do we have to adjust them to our crypto reality? If yes, please give me some tips what I have to change that the analysis would be more accurate.
I think there is no difference between any chart analysis whether its stocks, forex, or crypto exchange. What matter is the volatiliy because every chart analysis start mostly with technical and not any fundamental issues and it depends basely on the chart price and candlesticks movement. In my experience, emotion occurs based on wheter you feel comfortable placing your hard earned money without any protection or you're confident enough with an entry and exit plan in every transaction you've made. And yes i pretty much sure that we can use the same analysis techniques on every chart