Fundamental Analysis or Technical Analysis - which is more important?
We live in a data driven world and it is the heart of smart investing decisions.
We often see people posting charts with lots of candlesticks and predictions.
Sometimes their info is helpful and other times the crypto market does the total opposite.
Technical analysis, involves making predictions based on past data on charts.
Fundamental analysis, looks at news headlines, economic data reports, and other relevant factors.
The goal is to accurately predict price movements in the market.
Traders and investors may use both methods.
But as an investor or trader which do you trust more?
More info on fundamental analysis for beginners:
https://cryptoandforexnews.com/tesla-overtakes-the-combined-crypto-market-cap/
We often see people posting charts with lots of candlesticks and predictions.
Sometimes their info is helpful and other times the crypto market does the total opposite.
Technical analysis, involves making predictions based on past data on charts.
Fundamental analysis, looks at news headlines, economic data reports, and other relevant factors.
The goal is to accurately predict price movements in the market.
Traders and investors may use both methods.
But as an investor or trader which do you trust more?
More info on fundamental analysis for beginners:
https://cryptoandforexnews.com/tesla-overtakes-the-combined-crypto-market-cap/