I'm not going with existing theory. I have categorized trading as follows-
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?
I think both are essential for both can be a basis to support and make help a trader on doing decision making regarding with his trades because news and technical analysis have something to jive in for what is happening on the technical aspect reflects on the news and vise versa. Both are useful based on my own experience so nothing is better for both are literally useful for like me as a trader. This serves as a factual basis for me to decide on what action I am supposed to do on my trades. Two resources of information are pretty much more having a great chance of accurancy than relying on just one resource. As long as they are getting into the same concept, both technical analysis and news will become useful method for trading.
In my opinion, decisions made on the basis of news about events about a particular practice are the result of fundamental analysis. That is, I want to say that one of the main features of fundamental analysis is the monitoring of information about the cryptocurrency, with the help of which it is possible to predict the nearest prospects of the coin in the cryptocurrency market, which, together with technical analysis, gives an overall picture of what is happening on the market in the present period and for the near future. in relation to a specific cryptocurrency.