Using technical analysis, traders can identify trends and market sentiment and they also have the ability to make wiser investment decisions. However, there are a number of key points to consider:

Technical analysis is a practical method that weighs past prices of certain coins and their trading volume. When considering entering a trade, it is not recommended that you only rely on technical analysis. Especially in the field of crypto, a field that often generates news, there are fundamental factors that have a significant impact on the market (such as regulations, ETF certificates, mining hash, etc.). Technical analysis only ignores and can’t predict these factors, so the recommendation is to mix together the technical analysis and the fundamentals analysis to make wise investment decisions.

An analyst who makes a decision to buy a particular coin due to fundamental reasons can get technical support or find a good technical entry point and thus strengthen the trade’s ROI.

Technical analysis is a practical method that weighs past prices of certain coins and their trading volume. When considering entering a trade, it is not recommended that you only rely on technical analysis. Especially in the field of crypto, a field that often generates news, there are fundamental factors that have a significant impact on the market (such as regulations, ETF certificates, mining hash, etc.). Technical analysis only ignores and can’t predict these factors, so the recommendation is to mix together the technical analysis and the fundamentals analysis to make wise investment decisions.

Every investor wants to make his/her fortune in stock markets. But, your dream will only come true depending on your own skills as well as luck. Your luck can help you to beat others in stock markets particularly for short term. However, in long term scenario, your skills will always outpace your luck depended performance.

Generally, roulette wheels & lotteries are known to sit on the luck side while swim & crew races are on the skill side. However, stock investment is known to reside in between the two extremes i.e. skill & luck. And, you can’t separate your skills from luck. You need to adopt a perfect balance between the them.

Every investor wants to make his/her fortune in stock markets. But, your dream will only come true depending on your own skills as well as luck. Your luck can help you to beat others in stock markets particularly for short term. However, in long term scenario, your skills will always outpace your luck depended performance.

Generally, roulette wheels & lotteries are known to sit on the luck side while swim & crew races are on the skill side.