Hi I was wondering what the general consensus was on the use of technical analysis in making long term investments. I know short term day traders get allot of use out of it but if I'm investing in a project based on fundamentals does the technical analysis matter?
For long term investment fundamental analysis is legit but as written by someone in previous post technical analysis tells you the right time to buy any coin, personally I prefer to trade based on technical analysis, more than 50% winning rate will take you into profit zone and if your technical analysis is proper its not difficult for anyone to get almost 70% winning rate.