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RE: POBSTREET 2-12-21 #90: which analysis is the best to predict the cryptocurrency market? fundamental or Technical

in #proofofbrain3 years ago

Technical analysis in prediction of cryptocurrency is always profitable for a short term mostly.

Just like how trading of forex is. A short term trade that's a technical analysis

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technical analysis isn't for short terms alone but for both short and long term, the more you know the behaviour of the market the more you make profit from it

There are some expert crypto analyst that predicted Bitcoin 5 years ago that it will surpass $50,000 and here we are now with technical analysis

Technical analysis some times are used for long term trade too and not only for short-term.

The crypto market today is deadly down.
According to technical analysis there should be bull run but fundamental analysis has destroy everything

Technical analysis in prediction of cryptocurrency is always profitable for a short term mostly

Even though a fundamental analysis is influential in crypto, technical analysis will always prevail at the end

There is short-term technical analysis and a long-term technical analysis too.

They are different and technical analysis is so wide than what we know about.