Bitcoin Forum

The issues that affect the market are many and most time it is very difficult to summarize all the information coming into the market and make an informed investments decision.  I do used technical indicators to analyze the market before investing and we have many traders and investors that holds the views that we must used technical and fundamentals indicators in analyzing the market in other to be able to make an informed investments decision.  I believe that candlestick formations and patterns contains information about both technical and fundamentals issues that came into the market.  Should I continue using candlesticks formation in interpreting the market or something might happen happen that might suspend candlesticks formation information.

I personally do fundamental trading, simply because I prefer mid-long term trades. Staring at charts on hours end is really not for me(tried it for a few days, I think I almost went crazy), as I prefer doing something else with my time, so yea; I pretty much rely fully on fundamentals. "Buy the rumor, sell the news".

Which one should you rely on? Both has their own pros and cons, so it really just depends on the person.

I think we have to use both analysis to earn better profit, technical analysis is need to use to determine support and resistance area. And fundamental analysis need to learn and to understanding when we make invest crypto in long run. The better fundamental of coin will be offer bigger profit and the price possible to going up to 5 to 10 times just in a few month.

If you can do both, then do it. If you prefer to trade in mid-long-term then fundamental or swing trading might be your choice. If market is bad technical analysis can miss a lot of times, so in bear market you better stick with fundamentals. Anyway, just try it and see which one suits you better most of the times.

I don't have problems with your choice atm but keep in mind that sometimes TA can go horribly wrong and can't predict sudden drop/dump by someone (like what happens today, -6% drops on Bitcoin followed by alts).

In my opinion technical analysis has been disabled due to recent events. To reach conclusion by technical analysis is not so easy, even if you reach this conclusion you will think that it will not work. We should give more superiority to fundamental analysis.

If you want to cover long-term and short-term investment opportunities then you need to go for both fundamental and technical analysis. But, I am mixing up these two analysis for short-term so that I am making very safe trading regardless of I am making profits or not but I'm not losing my capital.

I am simply choosing fundamentally strong assets for my short term trading and when I am facing unexpected downfall then and just moving them for long term holding. I never book losses but sometimes I am enforced to wait longer than I'm expecting still I am not finding it frustrating because I am investing only what I am afford to lose.

Holding is always profitable compared short-term trading but you need to give enough time for it and moreover finding out high potential coin is really important key here.

so we have to combine between fundamental and technical analisys.based on fundamental we know what is going on in market, and we can take action based on technical analisy.in which level we should enter to market.

There are 3 type of analyze method i use for trading: Fundamental,Technical,Sentimental
Fundamental analyze is for finding a confirmation in any uncertainty time period. After finding main direction i prefer to use technical indicators for marking main support,resistance levels in order to get in and exit form position. Sentimental analyze is perfect way to  confirm your opinion with other traders.

first we should understand what is technical and fundamental analysis , because both are important
Technical analysis is of predicting price movements and future market trends by studying charts of past market action , Technical analysis is concerned with what has actually happened in the market,
Fundamental analysis is a method of forecasting the future price movements,  Fundamental analysis focuses on what ought to happen in a market so The fundamentals the cause of market movement, while by technical is study of  the effect. from fundamentals

experienced traders combine both technicals and fundamentals to find good trades and by knowing both it gives confidence  in analysis

TA definitely loses some of its utility in times where panic has the upper hand, but when a market calms down and things are moving based on how bots calculate their next move without being interrupted by idiots panic selling, it's a whole lot easier to wait for confirmations and act based on that.

Fundamental analysis is something that works if you have a very long time horizon, but doesn't apply to the short term picture of a market, especially when it comes to something as speculative crypto. If you buy Bitcoin in for the long term, just buy because the fundamentals are rock solid, but practice caution if you have a seperate stash of funds that you allocate to trading.

Whatever you end up doing, make sure you don't fall for so called experts/gurus selling signals and whatnot. I know that most people don't care anyway, but if even one of them is saved the disappointment of losing money due to these clowns, it's already worth it.

You can use both to analyze what is coming but most probably its the fundamental that works in crypto. I like using the fibo because if you just speculate what where you want to get in and get out, is this indicator that you would want to use. Its just going to easily be messed up though when a huge news like forking comes in.

You can use both if you do able to get some news or fundamentals together with applied technical analysis. Neither of these things
as long it can bring profits or make your profitable then it doesn't matter. The thing here is that nor these things are having accurate results anytime.
We know on how unpredictable crypto is.

Just find any one you most are suited with and develop your trading skills towards it am sure it will make your transition much more easier than trying to earn all the jargons that will add more weight and fatigue to your brain Learn slowly and ditch MCI and RCI sometimes is just load of info

I Think technical analysis works well maximum time. In day trade I using technical analysis. I am watching fundamental news for entry and exit.

In my opinion, it's quite hard to make technical analysis in crypto. That's why many predictions didn't come true in 2018. Fundamentals work better here. And you will save a lot of nerves. Checking the graphics daily can be quite stressful. Although both methods can be used.

You have to continue using the candlesticks formation to interpret the market before you invest but the problem which every crypto currencies traders and investors usually made is not using all the market analysis first to know which one works best for the current market because crypto market drift from one analysis to another and sometime what ones need to use is previous market history.

Although fundamental do move the price in most cases however technical analysis coupled with adequate knowledge in candlestick  patterns is one of the perquisite needed in making profitable trades while trading with the higher timeframe of daily although at times prices do defies technical analysis.

in candlestick we will see the  respresentative power between seller and buyer on market and the market direction, if it combine with market fundamental and sentiment it could be great strategy for us to earn profits.

For me fundemental and technical analysis are both needed to gather information to make an intelligent decision in markets price action. When comparing the two i use fundemental analysis when i want to see if the token is continuously developing projects and has investors coming in and i do technical analysis to check if that token will go an uptrend, downtrend or sideways. So you use can those two to make an conclusive decision.

I think each person will have his or her own judgment on Technical Analysis. Technical analysis will give us the basic knowledge when we do transactions but that is not all of the factors that make up this cryptocurrency market. This market is still small and manipulated so we have to choose to follow our own way of trading, unlike anyone who can get profit.

I think we need both of them, but most of the traders used teachnical analysis for their daily trading, its easier to make a short term trade decision using technical analysis, fundamental analysis take more time and it's more suitable for long term, but traders need both of them to become a good trader and easier to make a decision when want to decide the term of investing or trading

I use technical because I see fundamental is similar like gambling, only whales use this method but not me. Technical analysis depend data ( number ) and that's reality, we don't know about future but we can predict with data. Every method is same but people with low education and never use stop loss makes all method looks bad when they fails. Use any method you know and never repeat the same mistakes.

Really depends how you do involved yourself in crypto. If you're here for the long haul and doesn't want to be bothered by all this graphs then go fundamental analysis of coins which you wanted to invest. But if you're that type of person who loves to go full technical then specially if you're a day trading, then TA will fit your bill. Both are effective method, but not all can apply the method effectively.

It is really much of what works for us and not what is available to traders.  The technical indicators are so many that one cannot really used all of 7them in analyzing the market but we can develop our trading strategies around two or more indicators in other to be able to make money from the market.  Fundamentally, there are issues that do come into the market that always affects pricing and some times we would not prepared for those issues and if we depend only on fundamentals analysis the price will be swing against our directions.

Each one to his own. The goal is to make profits. If that comes through your fundamental analysis, good. if you are pro in technical analysis and you understand graphs like pro, then that is good for you.

if you get nothing of the above, but still manage to earn consistent profits, then also it is wonderful.

There is no strategy that can give you 100% accurate results. So, you need to stick to the one that works best for you.

I use "trending" and none of the options. Fundamental and technical both makes bitcoin into something like forex which it is not, forex is something that has indicators that it follows and most of the time markets are predetermined to go where it should and you get results that you are expecting.

Moreover, bitcoin is unregulated and crazy which means one big thing and it can go anywhere, you can read a title saying bitcoin is now illegal in USA and we can see 1000 dollars even less in bitcoin price, or maybe in Oscars coming up someone will praise bitcoin and how it will destroy banks than we will have 10+ thousand.

Basically bitcoin price is all depends on news and trends, if you see it go up even a bit than it will go up a lot, if you see it go down a bit it will go down a lot. For example, when its 4200, if it goes down to 4100 than it will definitely go down to 3800 or so, when its 3600 if it goes up to 3800 than it will go up to 4000, so trends are what matters in crypto.

Cryptocurrencies are the type of investment which is mostly fueled by greed/fear factor instead of logic. Therefore fundamental can be often more accurate if you are not a margin trader. But technical is also a must, especially if you focus on short term positions.

It doesn't seem like technical analysis or fundamentals has much affect on the price.  It really just seems like the price is fueled by emotion and by manipulation.

There are periods where adoption rises but price actually falls and vice versa.

For day trading; technical analysis is a more useful tool. A day trader, attempts to predict momentary changes in price. This can not be deciphered using fundamental analysis which deals on the product economics amd utility.
Fundamental analysis is most useful for investing and longer term trading

no offense, but these technical analyzes that you do, bring any results? because I see the commitment of those tradview guys, but they fail a lot in their analysis, that I wonder why they do not quit since it has not had good results. I prefer fundamental analysis, is more suitable for this crypto market


I wonder if this works for bitcoin

It's better to have both the technical and fundamental in analysing the market to have a profitable trading. Also include tge skills learned from past experiences to make trading worthy. Remember that this market is very unpredictable so there's no fixed strategy here. Choose what is suitable.

It is better to use both if you aren't getting a good profit to maximize your chances of gaining a profit. Don't just think trading is a very simple game where you just have to buy and sell, NO, you have to make an effort to make your trading success. And also reading and watching at the news will help you also on when to move.

After the last price decrease, we are deadlocked. Now the technical analysis is not working. Due to we can not test fundamental analysis, I do not have an idea about whether it is work or not. But FA seems more useful.

Fundamental trading and technical trading is the best combination if you do both. Doing both analyses at the same time could give you a safer investment in cryptocurrency/ and the stock market. in fundamentals, you can forecast the price movements of the things you would like to trade, such as stocks, coins and so on. In technical, you can study the effect.  Combine the two and it would give you more confidence to invest in something you are planning to invest with.

Because of that manipulation, the market is so hard to predict even if you are using TA. Well, I do both of this i only trade with the top coins who are strong enough fundamentally, and of course trade with the trend that is base on my studies. Its hard but we have to do this so we can be more effecient in the market.

In my opinion technical analysis is more usefull because alot of crypto that has strong fundamental also dumped hard in bear market. But in this situation that all crypto already oversold, we can use technical and fundamental analysis to choose good coin. Both different analysis will helpful to make profit if we understanding about it.

If the method you are using right now is already integrated with you, you shouldn't change it. Maybe you can add a little tweak to suit the situation. In trading there are indeed many ways used and I myself prefer to use a combination of both fundamental and technical.

well, not only the techniques needed in trading, but also fun. it's better to choose both because it is very important in making a profit with little risk. even techniques that are so good, will not be useful enough when there are no fundamentals in this regard.

You should combine them.

What is Fundamental Analysis? (https://www.cryptocointrade.com/education/crypto-fundamental-analysis/)
Crypto fundamental analysis is a qualitative approach to market information investigation. It takes the data from the market and delves deep into them for meaning. The meaning of market movements is thus characterized as psychological since supply and demand are led by people who participate in the market. Qualitative measurement also seeks to find hidden meanings behind events, action, and reactions of major players in the industry.

Since cryptocurrency is still small compared to other financial sectors, impacts made by participants can be felt much more keenly. Thus, fundamental analysis strives to identify the reasons behind changes in the market, as well as future implications. Sources of information are crucially important to have accurate data for this analysis to be correct.

What is Crypto Technical Analysis ? (https://www.cryptocointrade.com/education/technical-analysis/)
Crypto Technical analysis is a tool that traders use to identify price trends. It helps them figure out how the market behaves, providing a sound basis for smart trading choices. Although may sound complicated, it is nothing more than analyzing the demand and supply in the desired market.

Technical analysts look to identify patterns in the price change throughout history. Based on the existing statistics, investors make an assumption on the future price and come up with a trading decision. Chart investigation is a crucial part of any crypto technical analysis. You can identify trends by keeping track of moving averages, support and resistance levels, and trading volume.

There are two main types of tech analysis that every crypto traders should employ on daily basis. Their concepts are quite simple but the implementation is what differs successful investors from others.

– Short-term technical investigation (the period is between a day and a week, with emphasis on small price changes and patterns. You, as a trader, are trying to find peaks and bottoms that may occur within next hour.)

– Long-term technical investigation (ranging between a month and a year. This is used for a general course of a chosen crypto and whether it should be in your portfolio in a long-term.)

Do you believe that someone did technical analysis and could you predict this huge price increase that litecoin had?

https://i.imgur.com/noXNcqz.png

of course that with technical analysis the person could not predict this price increase, but the people here:

https://bitcointalk.org/index.php?topic=47417.0

https://twitter.com/LitecoinProject

https://www.reddit.com/r/litecoin/

could predict this increase in prices. the crypto world works like this

A trader needs to become stronger in both fundamentally and technically because it will be the complete way to be a good trader if you had has the same equally if we gives you the better idea for getting good profit.

Its a prediction but do really have some basis according on whats being written nor announced with their main threads or mediums. If someone do have
always the access on such updates on any projects then theres no need for you to use up technicals because fundamentals itself would already sufficient for you to base on
your trading system.

Just my instinct,I don't really trade based on analysis since I am doing it only on long term so if I have feeling that some coin will go high then will just buy it and the same goes while selling as well,there is no need for any much skills for long term just understanding the coins will help us.

Analysing the market and doing the research is good but at the end of the day it is the strategy you use that gives you profitable trades.
If you strategy is wrong then all of your research and analysis will go in vain but if your strategy is good then even wrong analysis could give you profits.
Continue with what you are doing and if it earns you profits then you should be fine doing that but if not then try changing the strategy.

There is just no requirement of or here. We can and need to do BOTH, as that is really how professional trading works. IF we do only one part then we are only making things harder for ourself, so I personally will NEVER suggest that, at all to anyone. I do technical aspect while read fundamental thing from my broker FreshForex. It makes life easier and decision making simpler!

There will be no need for an analyzer to rely on his/her skills since there some group that manipulate the price of LTC and the best thing LTC accumulator can do is to always check what's going on link Slow death provide.
This is why I don't believed much in analysing market technics only nd what every analyzer must seek first before making a good prediction is the source and the driving force behind every coin with the inclusion of fundamental and technical analysis

Honestly, after all of this we should really start to realize that market doesn't really care how you trade. If you are a day trader and prefer to make quick buck then I don't know and I have never been really too good at it but if you are a regular trader, just not daily then none of this really matters. When markets are horrible you lose money, doesn't matter what type of strategy you have, doesn't matter about the indicators or fundamentals or technical, you will lose money no matter what.

On the other hand if the market is great then you will make money, you can even forget that you had money and leave and that will increase in value, its that easy. So, there are ways to lose less and there are ways to make more but in the end no matter what your system is its all about the market.

Fundamental and technical are two very important things,
fundamental without technical will not be maximal, as well as techniques without the existence of fundamentals will also only be predictions without foundation. it will be a big risk for your assets.

I prefer technical as the basic analysis because data not lie, fundamental is like rumors and only used by whales. Market always changed and technical is the only way to follow the trend, I don't see other ways. By the time people will find the best method for them, keep learn and practice but never forget stop loss.

For the better use both,  because will be promising higher profit.  Let see in green market,  mostly all crypto push but with different  gainer,  and only coins that has better fundamental will offer bigger profit.  But others more important thing than knowledge about technical and fundamental analysis is risk management, so use stop loss and trailing stop is very recommended.

Thats right, traders who are pro and expert will need strategies and theories, they will need everything to make the right choice.
technical analysis for rational reasons, and fundamentals or theories to think of logic, all needed by traders

It is like, if we can do both why must learn 1 way to be success in trading. Because market condition is not always same everytime. It will be good if learn both methode and then applied into our trading.

I also used candlesticks before but it never did work out for me.

After that I start disabling it. One thing you have when you are looking it is assuming mostly to where it will go. Mostly base on my experience it is wrong, it goes the other way.

I would rather base it with my own prediction which mostly makes profit for me than too much technicalities. ;D

Fundamental Analysis is also important in crypto trading as bitcoin depends too much on fundamental analysis and the current news about the coins in the market.

For me both fundamental and Technical analysis will be useful in different times so it needed not in equally at all time but both are very important for a trader to make the trading life more easier when he was with both these knowledges so my opinion is both are very important.

Yes, pro traders will always prefer to go with technical and fundamentals. I prefer to go with fundamental of selling high and buying low. This requires the ability to predict the market moves which can be done on observation with time stamping. To be successful with trading, even if it's a pro trader luck is also a must.

In fact, I believe that in order to trade successfully, it is not necessary to know the technical analysis thoroughly. The use of fundamental analysis would be sufficient.

well, in general, we don't really need anything technical in trading, because it's only based on buying and selling. however, I think both are important points in trading. however, if measured, then, fundamentals are indeed the best thing.

I agree. I think, rather than choosing one, the better path to take is to study both. I mean, what would you lose if you have more knowledge of the things surrounding a the market that could give you profit or returns. Especially, these days, when all the market is usually in chaos, it would be better to be equipped with all the tools one needs by way of knowledge in order to fare well in the ever changing landscape of the cryptocurrency market. At least, if you have the know how in both means, you can tackle any trading strategy that would best suit your taste or circumstance at any given point.

If you comes from the Forex field, then you are already good at Technical analysis which is an added advantage for you. If you are new, then you have to learn it first in order to better understand and do good trade.

There has always been a clear competition between technical analysts and fundamental analysts, each defending their point of view, taking into account that they have great advantages and their theories often fail. For the market application, many specialize only in technical analysis, in fact, if you show a chart to a cartography specialist, it will immediately tell you that it is a known chart, which is very likely to happen X thing, if you it gives the same graph to a Fundamental Analyst, it will give it its Intrinsic Value, which may be correct, but in which both will always fail, it is that they can not predict the effects of Supply-Demand, all their analysis can collapse due to volatility In the cryptocurrencies, in the Stock Market, if there is a tragic event, the market will collapse.

If you grasp the best that has the technical analysis and the best that has the fundamental analysis, apart from market knowledge, you can achieve good results, because somehow you need the concepts.

According to one of Wyckoff's books, he explains that in order to fully understand the market, not only the movements and phases of accumulation and distribution must be studied, the methods of technical analysis must be taken into account. In my case, I use a lot of technical analysis tools, such as Fibonacci, Elliot Waves, and I combine them with fundamental analysis, such as, in what areas of the market a possible area of ​​value was produced, how long that liquidity can last.

I use both Fundamental and technical. Because I have seen that the investment decision is not correct when using the only Fundamental or the only technical. So I think both of the Fundamental and technical considerations should be considered for making the right investment decision. Trading is a very subtle and complex subject. So before making an investment decision, there will be a lot of persuasive identities.

Otherwise, it can be a big loss. Investment decisions should never be ignored. Because of the other profit loss of investment decision depends. Both Fundamental and technical are very important. Depending on anyone, decisions will not be foreseeable.

Thank you

I don’t disagree with you , like you said both are important in trading but you get the best of trading when you apply technical analysis, you have to carefully study opportunities available before venturing into trading and its only technical indicators that can show you the statistical trend gathered from trading activities which will help you to evaluate security strength or weakness, this is how you can get out of panic selling, so to me technical indicators are far more important than the fundamental indicator though it has its own little way of contributing to the success of the trade too.

It is true and rational for you to make use of both technical and fundermental analysis for you to make informed investment decision because in technical analysis with the use of candlestick will not be enough for an informed investment decision in crypto currency market.

The cryptocurrency market is highly volatile and that makes it very difficult for us to predict and succeed in a long-term but if we can work hard enough I believe that we can actually make an informed investments decision that may put money in our pockets.  Investors that depends only on fundamentals analysis will lose and likewise those that may depends on the technical analysis alone.

Good to know that you have taken the view of some investors and traders like myself inti consideration for you to be able to make an informed investment decision because that is the only way one can make profit from one investment and not just one sided analysis of the market situation which maybe dengerus to our investment.

Well, it depends that the one that best work for you, you have to study both thoroughly and apply them first to your trading, then you will fully know the one that works more for you, some market analyst prefer to use technical analysis.

While others prefer to look at fundamental factors such as economics, geopolitics and sentiment while some use both, you can also apply both, for me, I use more of technical indicator though I apply both when necessary but technical still works better for me that fundamental indicator.

I always looking in to charting first before buy any crypto, but also only choose good coin to trade, so that mean i use technical ans also fundamental analysis. We have to learn both before doing trading in crypto market to earn profit with less risk because flutuacion of crypto very high.

Since market always experience a fluctuation time on time i prefer to used technical analysis just to determine the real direction of growth rate and to avoid such issues.  But one day it become very hard for me as a trader to monitor the growth rate because of some factors that always exist in the market.  So as of now im planning to make fundamental because probably this is the best solution in this circumstance in my view .

It may vary on what result you are looking for, if you want a precise trade results then follow the fundamentals or the needed ones and if you want a accurate result you can have technical analysis on trading that will be base on charts and price movements unlike fundamentals you are just thinking what could be the next move base on your instincts.

in this crypto market the person must be just attentive in the news, forums, social networks and to follow the Devs of the coin, that is everything that the person must do to know if the currency will increase or if the currency will fall. Technical analysis does not work in this crypto market


I believe it has always been the best option

Either of the two options to prefer it doesn't matter to me, and yet we can combine the two so that we can gather the best what we can. Being technical is our actions to have when we do trading, and that fundamentals was only the perceptions towards the plans for the asset you have in you. Those tools were very important so that you can reach what you aimed for in the future of your trading career. Being decisive is an intimate actions of being a technical person.

I use both fundamental and technical analysis just to be very sure before making any trade so that I don't lose my money instead of making profit.

I make sure I analyze the charts and the markets properly, I also make use of services like coinmarketcap so I can see the trade on each exchange one after another and be able to know if there will either be a rise in the rise of a particular coin or a dip.

Both are not needed equally in the same times but in sometimes analysing with fundamentally will be important to be a better inverstor but in sometimes technically analysing will be more useful for you so you need to be ready with all both of these things if you want to be a better trader.

Using all options afforded to you as an investor is the best decision to make and the one which will accrue more success for you as a trader.
Both fundamental and technical analysis are all good to implement and there are many more strategies that can also be used. A combination of them all for the perfect trade isn't such a bad idea, as long as success comes at the end, that is the goal of every trader

It is better to use both the fundamental and technical analysis as using only one of the method may not give the accurate results. If you asked about forex, then only TA would work. But this is not true in case of crypto currencies. I always follow both TA and FA, before making any trade.

Can someone actually trade and be successful with only fundamentals   ??? To me, relaying on news alone can be dangerous because sometimes, news don't really reflect market direction.

My point is that the best option is to to use both. But personally i prefer technical analysis because it's based on data and charts. Usually i read an articles about trading signals providede by Monfex.

No one can actually be a trader with cent percent success rate so it is okay to be losing some times,all you need to do is make profits in the long term and make surplus capital from what you invested by doing more profitable trades than more losing trades.

Since I'm long term investor, fundamental become my choice.

For new trader, it's recommend to learn about fundamental because technical far more difficult and it's also short term trading which if you are not advance for it, you will get absolute loss

My point is that the best option is to to use both. But personally i prefer technical analysis because it's based on data and charts. Usually i read an articles about trading signals providede by Monfex.

I prefer do fundametal trading. Im typical long term trader. Cause newbie like me to hard for learning tecnical analysis.

I believe you should. Analyzing candlesticks' formations and patterns will help you to successfully execute your technical analysis. It will also save your time in determining the projectile of the market. On the other hand, using candlesticks' formation isn't enough. You must be open to other tools and disiciplinary practices such as risk management, using wave patterns, and other helpful indicators that will help you to confirm entering upon position.

Technical analysis is hard but it is easy to make profits through it than fundamental. Most time the positive fundamental information to you may be negative one to another trader and it is technical that we most time agree with each other.

When it comes to fundamentals, i dont see for it to be different when it comes to impressions yet it can be clearly seen if its negative or positive ones.
Traders do have same mindset when it comes to news so i dont see any difference when it comes to this field.When it comes to technicals this is been commonly used but somehow
these tools arent precise to predict prices but you can opt in on combining this two to have a better analysis.

it depends, if you want to play long term use fundamental analysis
but if you want short term use technical analysis. but the most important thing is to understand the emotions felt by market participants in a certain period of time, so we know the market sentiment that moves prices to one side or does not move at all.  :D :D :D :D

We can not rely only with fundamental, or vice versa. Expert trader maybe use one of them, but experienced trader will use both of them. If you want to be sucessfull trader you must use both of them. Both of them have advantage and disadvantage, so combine two method will minimize risk while open position for trading.

I trade both shorter and longer timeframes, and so I use both fundamental and technical analysis in my trades. Been trading more actively on the LTFs, and I've been working recently on trading with obvious support and resistance flips and it's been working quite well for me. Never really been a big fan of the more complex candlestick formations, though I do utilize some of them like hammers and some candlestick reversal patterns. I find that simple TA often works out quite well, sometimes better than more complicated TA.

Short term trader don't follow Fundamental news new and short term trader follow technical analysis movement candle(the situation make maybe newcomer trader), other things to don't follow the long term analysis 'fundamental or technical' low budget trader focused technical analysis I mean make money instantly, agreed your thinking success depends on everything.

It's very important to have a good guidelines when working with your technical analysis knowing that shorting with volatile market is really a risky strategy, you have to know the right factors that affects the market movements while working with your analysis as mistakes with anticipating the market can ruined everything, though it's still better to have patterns to follow but most of the time traders have it's different approaches they are just picking working one to achieved their goals.

I have always thought that because of the volatility of market, fundamental analysis would be best in pace of technical analysis, but I never knew I was just saying so because I lack the knowledge to make use of technical analysis, until I was fully exposed to it, and actually using technical analysis is not much of a difficult thing, we just need someone great who is more knowledgeable to take us through it, then we will see that we cannot predict the market without having to use but the fundamental and technical analysis.

Technical analysis is very great and effective for both the long term and short term prediction, but it really require enough learning first if people want to really be able to make use of it, especially for traders who buys and sells often from the market.

Technical analysis will help us to make some decent profit because we can easily guess the prices through the technical knowledge, but whereas through fundamental analysis some time our strategy will not work and I have experienced much time like this by failing.

As for the crypto market, I really don't like FA analysis. because businesses only do business but never make financial statements to send to holders of multiple tokens.
This is very bad and they also do not disclose the financial statements.
That is why the FA analysis is skewed. TA is always appreciated in the crypto market because of more volatility.

They both have where they function well, like technical analysis now, I think this functions perfectly well for those that are trading in a daily basis, indirectly, it functions more for short term trade, and it is not so easy to go about it, it takes someone who have the knowledge of how to read those charts that will find it very easy to apply technical analysis to their trade anytime they need it.

Fundamental analyses is quite more useful when you are such a trader that trades in a long term, it is easy to follow news as strategies for long term investment. Majority of people holding their coin did so following the fundamentals that are happening around bitcoin in a particular time which they are sure will affect future. Like the bakkt that will release now, some people have already bought some coins ahead of it.

You will not be always make correct decision if you do not know technical analysis. Also i think that technical analysis is much better than fundamental analysis. If you want to make trading a long term career, you should focus of TA also.
Using both TA and FA will give you perfect results.

Fundamentals is the most used analysis indeed but not only for long term investment,  I am as an active trader do the fundamentals analysis first and then look at the chart pattern as a technical one.

You can always use both fundamentals and technical analysis at the same time , why not ? It's not against anyone rules, not against anything.

I won't call my self as a hypocrite that the technical analysis is better , because yeah everyone know ... math and numbers is the most trusted thing in the world they don't lie , but media do a lot of lies.

I do not understand why people seem to think that you cannot use both technical and fundamental analysis, in fact the combination of the two can make you a more complete and accurate trader, fundamental analysis can tell you which direction the market is most likely to take during the next weeks and months, but as we know the market can be irrational so you could enter too soon if you only use fundamental analysis, but if you complement your strategy with technical analysis and wait until the market begins to give signals that is about to follow your prediction then you can get in the market at the perfect time and over the long run this will save you money and make you a more effective trader.

Do we have perfect results in trading? Because trading and analysis are deeper than technical and fundamental analysis. This morning after trying to read analysis on sites that do analyzed bitcoin trending and visiting tradingviews ideas section I discovered that all the prof speculated that bitcoin is going down but sentimentally I have the feeling that the people don't want to sell below $9600 and that means Bitcoin should naturally go up and that is what happens. Today Bitcoin was able to recover above the same triangle that people were saying it breakout.

I do not think that fundamental analysis and technical analysis should contradict each other. The first and second are only two sides of the same phenomenon. They must complement each other. If they say different things, then probably one of them is lying.

For me, fundamental analysis in the crypto market would be a big mistake. because we cannot meet the business manager and do not know their upcoming plan, besides, we also do not grasp the economic advantages of the business. There are too many shortcomings for accurate analysis.
Therefore, I always choose technical analysis to trade and make money.

i follow fundamentals and just basic TA and fortunately i have a group of crypto friends together in a group chat and we help each other by sharing our individual TA and update FA ,but i aim to learn more about Technical analysis so i can be more confident with my trading.

- Well, both analyzes are really important and the wise advice is that there is no priority here because this market is a vast ocean, if we have more tools, more thorough analysis, from fundamental to technical, the probability of us being safe and achieving good results is the majority, although choosing an analytical type that suits our purpose is not wrong. However, don't forget that making money is the main purpose we are here, taking advantage of every advantage, every analysis we can, that's the only thing we should care about, instead of thinking of just choosing something that fits

That's true. Because the good news about each cryptocurrency is not everyday so it's not guarantee to just focus in fundamental analysis. Yes the technical analysis is use for day trading and even long term trading because you can read the flow of the chart, you can predict more accurate.

One way or another, if a person has already made an in-depth analysis of certain projects and is confident in their prospects, then subsequently the trader thus gets preferences.  I think that the whole process of creating your portfolio or assets on the exchanges is precisely because of this.  In any case, everything is based on technical analysis.

I think not much people complaining about how they cannot use both analysis at the same time , won't blame you either to think that way.

But here's the problem .. it's so difficult to understand how the technical analysis work for someone who really new in trading , so they use the fundamentals only instead to use both. Even for those who experienced for years ... sometimes they found a difficult times making decision based on the technical analysis.

Things didn't always went smoothly,  a confusing moment ... a fatal error on reading the charts is something that you can't avoid as a human being.

I believe that there is no clear win in the strategy to use only technical analysis or only fundamental analysis. The key to success, in my opinion, is the ability to correctly combine both of these approaches.

Making yourself prepare for war and as said this is a vast ocean where you would need to have the proper tools and preparations for you to survive on this very volatile and harsh  market which using up all the possible things that can be used as long it can contribute the chances of having of having a profitable trade.Neither it would be technical or fundamental as long it can be applied on your trading analysis then it doesnt matter.

Recently, I have been losing money in trading and began to think that technical analysis is not working and is more like a prediction. Therefore, I began to analyze more the news background around cryptocurrencies and now I understand that fundamental analysis is no less important than technical analysis. Perhaps the best option for traders is a combination of technical and fundamental analysis.

Most people these days on folks on Crypto community buy the rumors and sell the news problem is things can take the form of unexpected twists and things can just turn around so trend carefully both technically and fundamentally....I will suggest in take both into considerations but stick with fundamentals first

I prefer working out both, as you are not really losing too much at all. If you go for profit making with just one way or approach, it could be very hard to manage. So that’s why we have to do everything before we proceed with the trade for our self. I also follow Crypto News (https://cryptolinks.com/cryptocurrency-news-aggregator), as I am aware of how much it could make a difference between success and failure. So that’s what we have to be mindful about and ensure that we follow it up all smoothly.

I prefer do fundametal trading. Im typical long term trader. Cause newbie like me to hard for learning tecnical analysis.

Exactly, they must complement each other. It`s like that with most of the topics on this forum, people always ask same questions this vs that, it`s leading people to choose one of the options, but in a fact you need to consider both if you wish to be complete. We can`t separate fundamental and technical, who wish to be successful in the long run should have some knowledge about both types of analysis.

I do heavily agree with this one and I don't know why most people do really need to have a choice between selecting among the two which you can
actually make or do learn up both things with your own trading.Fundamentals together with technical is much more better rather than having a single
one and if you cant make any analysis either of the two then you can consider on selecting one as long you can imply it with your own trades.
Might not be precise anytime but this is far more better than having nothing.

It is not about not losing anything, the thing with TA is that it is too difficult to use because of the charts that are involved with it, reading charts has never been my thing and that is one of the reason why I use to run away from mathematics in the class when I was in secondary school. Reading charts requires experts and becoming experts mean that you must have really taken time to study every bit of technical analysis and how to read it.

So, I rather prefer to use fundamental analysis, and I think that is all I need for now because I am not a day trader, my investment are all long term investment, I only take profit once in a while when I know that I will still get the good chance of buying the coin back again when the value dip or on correction phase.

Newcomers are lazy and they don't think about long term goals, their main purpose is to find the Holy Grail strategy in the crypto market. They ask some questions due to the lack of understanding of basic stuff related to the trading. The same situation can be found on other crypto trading forums, experienced traders show their last trades with the deep explanation but interested people are not going to share their opinions on each trading setup.
The technical side of the Bitcoin price is easier than charts of the other financial market assets. It doesn't require to test the technical price patterns one by one, the daily chart is not even large for the big screen monitors(just for comparison). The young markets also have a volatility problem which beats the new technical analyses traders. From the fundamental aspects, I don't deny the pressure by the governments to the young financial market which is not accepted as a global centralised market maker.

Well for me, both play an important role. I have always noticed that whenever I take decision based on TA, my trading plans never turn out the way I want. So yes, studying the markets on the basis of both TA and FA is what I follow. Preference also depends on which type of position I want to hold. But for scalping, TA is all you need along with studying its history pattern.

For the information of the candles, I think it is better to use it when scalping is performed, although scalping has many ways to do it, because when analyzing in very large time intervals, in weeks or days, even in hours, the information varies, The study of Candles can give more efficient results in minimum time fractals.

Always when performing this type of operations, you should try to understand at what stage the market is, to have better confirmations to operate the market and, therefore, not to be confused frequently.

That's great that you're able to use three analysis types simultaneously. And I see that you really know what you do, according to your words.
As for me, I prefer to combine making technical analysis and using info bots. At least, I'm testing this approach. Not so long ago I saw the news that my exchange has launched its own infobot, https://t.me/CexIoInfoBot. As I traded relying only on the simplest trading methods, I decided to change my strategy and see the results it'll get. And I like how it works - it sends the report about market and price changes on my Telegram account, then with this data, I open charts and analyze them.

I prefer to do both since you are not losing anything at all. I prefer Fundamental Analysis (https://cryptolinks.com/cryptocurrency-news) so much more since this is a genuine and right away benefit kind of thing. But if you are not sure about these things then you are not ready to trade. So we have to get the clarity with things especially with trading. And we can really do both Fundamental and Technical if we are truly wishful to succeed in this complicated Crypto field.

After reading all the messages, we can conclude that each trader uses both analysis options in their activities.  Nevertheless, I want to clarify that in the cryptocurrency market there are still certain situations where fundamental or specifically technical analysis will be beneficial.  It seems to me that in a more crisis period in the cryptocurrency market, it is best to use fundamental analysis to provide yourself with more detailed information that will help to avoid certain losses when the candles are lowered.

Yeah, why would someone separate the fundamental from technical? fundamental are the obvious and basic ones while technical is based on the charts, price movements and history. These two are always needed when trading, the buy low sell high strategy is fundamental and ready charts are technical. What you extra need is some kind of speculation reading since the market is built that way.

Fundamental and technical are different forms of trading in my opinion, because with fundamental trading we just go with the common way of buying and holding for some time period and then selling for a small profit. Here charts weren't much preferred, everything is based on predictions and these form of trading practices were common among users who are new to trading.

Technical way of trading is much preferred by experts, and here we need to learn. Without learning properly if someone makes a trade, it might end up losing. Day traders and professionals always follow these technical parameters for buying and selling.

Technical Analysis in cryptocurrencies is 50/50. The probability that you get the movements correct is much less in crypto market when compared to regulated stock markets. On the other hand, fundamental analysis is also not very useful for cryptocurrencies. Unlike stock markets where companies are obligated to put their financial information in public domain, most of the operations in crypto remain anonymous and private. Investors don't actually get much information about ICO they invested it, their progress, what new announcement they gonna make, how healthy market conditions are for coin, etc etc.
So to get success in crypto trading use the combo of Technical+Fundamental+Instinct+Friendly Advice+Luck.

In long term I do not think that technical analysis works well, it is more suitable for day trading. Because unexpected movements should be expected in the long term and it is not about TA or FA, it is about crypto itself. crypto's inadequate value causes it to be manipulated so that none of analysis can help. It is best to choose the right one for the time you trade, which may vary depending on the moment.

Both can give a good idea and better profit I guess, but most of the time technical analysis gave a good earnings to any traders in the market.
Due to I am much comfortable wit it compared to Fundamental sometimes I it became complicated to me unlike on TA but I ca't deny both are good just
didn't master it yet. :D

Fundamental analysis is better suited for long term projections about the future of a particular coin, however in the market of cryptocurrencies fundamental analysis suffers from many limitations, this is especially true if you are trying to use fundamental analysis when analyzing icos, because a coin that may look to be great may do so because the persons behind the coin did everything to create that appearance when in reality you are in the presence of a scam project.

Personally I prefer technical analysis because no matter what you do knowing the fundamentals of a coin will not tell you if it is going to go up or down in price tomorrow and how big that movement could be.

Fundamental analysis is a good idea, especially in the crypto world. There are lots of technical analysis that people do but in the end it may not always apply to crypto because of its volatility. What matters and always remains is whether a coin is fundamentally solid or not.

Trade at your own risk (TAYOR), do your own research (DYOR)!

I agree fundamental analysis is usually more important because technicals are like a puzzle that you are trying to solve in a limited time.
Fundamental analysis allows us to see manipulation and FUD that technicals don't always display but rather follow especially indicators like MACD.

It's good to trade using both fundamental and technical analysis but fundamentals are always above technicals.

Both of these analyzes have their advantages and disadvantages. But for me, it would be better if we balance technical analysis and fundamental analysis in trading in order to increase the accuracy of technical signals.

For example, some fundamental analysts also use technical to find out the best time to open a position.

Even if you end up choosing technical analysis techniques, be sure to stay abreast of the latest news on crypto coins.

FA doesn't give us entry point. And at the current market, many FA events become public too late to make the decision. The same situation is with any indicators. Most of them signal too late especially if you a day trader. For successful work trader must use something with volume analyses. Volumes give us more than TA and FA together

If you take the time to make a research and see the strategies of the most successful traders around the world you'll see that they put a greater emphasis on technical analysis and it is not really difficult to see why, fundamental analysis can be a great way to make money in the markets but unless you are one of the first people to hear about the news then by the time you try to trade the price will already reflect that particular news.

And even if you were one of the few people that could obtain that information before anyone else it doesn't really tell you how people are going to react to the news, after all you may think that particular news is bullish but then the market goes down because they have a different opinion than the one that you have.

Because Fundamental analysis is a part of guessing and base in your opinion and while technical analysis there's is a price chart and that is relying on the chart result. But for me,  I prefer to use technical analysis than the fundamental analysis. Even though these are useful but it won't give you an accurate result and if you are relying on this, it might mislead you to another thought that you think you are right.