Bitcoin Forum
May 01, 2024, 05:39:55 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 5 »  All
  Print  
Author Topic: Technical indicators vs the News  (Read 564 times)
boyptc
Hero Member
*****
Offline Offline

Activity: 2982
Merit: 678


★Bitvest.io★ Play Plinko or Invest!


View Profile
April 24, 2023, 06:02:54 PM
 #21

Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?
There's balance on this market if it's about indicators. Both indicators can be helpful, TA and the FA.

Whichever you think that's helping you more to win with your trades, recognize it. Many traders are for the TA and that's seem to be helpful for them and there goes the people like you that are into the news or FA.

It's better to learn both of it so that you combine the strategies that you've got and that will make your trading not that easier but I guess more familiar. And that is because you've got several references that you can think of with your trades.



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714541995
Hero Member
*
Offline Offline

Posts: 1714541995

View Profile Personal Message (Offline)

Ignore
1714541995
Reply with quote  #2

1714541995
Report to moderator
1714541995
Hero Member
*
Offline Offline

Posts: 1714541995

View Profile Personal Message (Offline)

Ignore
1714541995
Reply with quote  #2

1714541995
Report to moderator
1714541995
Hero Member
*
Offline Offline

Posts: 1714541995

View Profile Personal Message (Offline)

Ignore
1714541995
Reply with quote  #2

1714541995
Report to moderator
Hamza2424
Legendary
*
Offline Offline

Activity: 952
Merit: 1031


#SWGT CERTIK Audited


View Profile WWW
April 24, 2023, 07:31:35 PM
 #22

Both have their importance in their domain as the news can directly manipulate the market in a short time but after that specific news hype the market is going to take the usual approach on the other hand, the technical indicators work every time frame but particularly in the large frame this indicator works more efficiently. Technical indicators are based on the historical data and behavior of the market + the investor's sentiments and approaches.

A long-term investment is always made after the technical indicators and data analysis nobody invests money on the basis of the news hype but people do invest money for short time to book profit in a short time.

Flexystar
Full Member
***
Offline Offline

Activity: 1092
Merit: 227



View Profile
April 24, 2023, 07:40:32 PM
 #23

The news analysis is nothing but part of factual analysis and also shortly referred as FA. You will see many traders using the terms TA and FA altogether on various instances. Well, news alone do not constitute the FA. There are many other factors which include teams involved in it, roadmap for the future, current status and updates in relation with that roadmap and much more. It does not always affect the technical judgment. The FA could impact the prices far later in the time and meanwhile you could see your TA working just fine on the given charts and time.

This is good question though since it makes us understand which one to consider in the first place. Whether it’s TA or FA. Sometimes it could be both of them.
dunfida
Legendary
*
Offline Offline

Activity: 3066
Merit: 1129



View Profile
April 24, 2023, 07:55:07 PM
Merited by Mahanton (1)
 #24

Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?
Complicated indeed on which there's no way on knowing on what would be the next market movement or result on which there's no way that we could be able to determine.
No matter how well your technical indicator would be then it wont really be giving out that 100% precision thats why we should really be needing to
be that versatile and really that knows on how to make and follow some plan B's.

That's because technical indicators doesn't necessarily cause price increases/drops like how news does; technical indicators can just give you a very small advantageous  bump in odds on what could likely happen more based on past performance.
Its better rather than on having nothing at all because we know that even TA's arent that precise but doesnt mean that they are irrelevant.This is so much
better than having nothing at all because if you do make out some trading or investment decisions without having any basis then you are just simply
doing gambling.

Faisal2202
Sr. Member
****
Offline Offline

Activity: 1190
Merit: 466


#SWGT CERTIK Audited


View Profile WWW
April 24, 2023, 08:57:10 PM
 #25

I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?
Bro, i just don't know why you guys make threads for such small things here, like this looks more like spam idk but you just asking about fundamental analysis because in technical analysis you learn charts and in Fundamental you observe news and the overall market. That's the main difference between it and both are necessary ones.

And you are totally right they both are necessary. And talking about the influential level of each, i think the fundamental analysis is more crucial to learn because charts are not that difficult you can learn to read charts and algorithms in a few months and they are predictable and understandable but the news cycle which is manipulated by media, big investors, banks, organizations, and governments, is so manipulated. And predicting that is so difficult and the impact of fundamental analysis is too much.

Unbunplease
Legendary
*
Offline Offline

Activity: 1792
Merit: 1159


View Profile WWW
April 24, 2023, 11:43:55 PM
 #26

Usually the news is played out before it becomes widespread. As the saying goes, buy on rumor, sell on news. That is why you should not trust indicators at all. They show people's reaction to news, which have already been played out. It is necessary to look for hidden factors and signs, rather than focusing on what everyone sees.
fullhdpixel
Hero Member
*****
Offline Offline

Activity: 2786
Merit: 606



View Profile
April 25, 2023, 03:41:53 AM
 #27

Both are better and are important. But a trader should pay more attention to the news than technical indicators. It should be in the ratio of 70 - 30. The news is important because it will avail you information of the latest sentiments in the market and how they positively or negatively impact the worth of Bitcoin. It acts as a future predictor and therefore more attention should be given to it.
I disagree with you.

News is like tip of iceberg but it is not the real reason. Real reason is because of technical indicators show that the market must have a big change so news is released to direct the market to what it should move. Do you see like after a market has its big movements, hours later you will see some articles on Coindesk, Cointelegraph and other sites to make it like there are reasons for the latest big movement. It is to make people think that the market is actually moving naturally. In fact it moves by manipulation from Market makers.
This must be the reason why technical indicators/analysis is more popular in the trading scene than the news or fundamental analysis but outside the trading area, there are still news which can affect the coins value. Traders can use that to go out or go in before or after the news have occurred. Having some ratio for news is I think won't hurt.

I still believe that the market for bigger coins are moving naturally but manipulations happen for the smaller and newer coins only. People already know this but they are not scared of it. They are too brave to ride it because they know that they can benefit with it as long as the trade is done well.

       ███████████████▄▄
    ██████████████████████▄
  ██████████████████████████▄
 ███████   ▀████████▀   ████▄
██████████    █▀  ▀    ██████▄
███████████▄▄▀  ██  ▀▄▄████████
███████████          █████████
███████████▀▀▄  ██  ▄▀▀████████
██████████▀   ▀▄  ▄▀   ▀██████▀
 ███████  ▄██▄████▄█▄  █████▀
  ██████████████████████████▀
    ██████████████████████▀
       ███████████████▀▀
.
.Duelbits.
.
..THE MOST REWARDING CASINO......
   ▄▄▄▄████▀███▄▄▄▄▄
▄███▄▀▄██▄   ▄██▄▀▄███▄
████▄█▄███▄█▄███▄█▄████
███████████████████████   ▄██▄
██     ██     ██     ██   ▀██▀
██ ▀▀█ ██ ▀▀█ ██ ▀▀█ ██    ██
██  █  ██  █  ██  █  ██
█▌  ██
██     ██     ██     ████  ██
█████████████████████████  ██
████████████████████████████▀
█████████████████████████
█████████████████████████
████████████████████████▌
       +4,000       
PROVABLY FAIR
GAMES
   $500,000   
MONTHLY
PRIZE POOL
      $10,000     
BLACKJACK
GIVEAWAY
Chainsmokers
Sr. Member
****
Offline Offline

Activity: 1372
Merit: 252



View Profile
April 25, 2023, 05:09:50 AM
 #28

Usually the news is played out before it becomes widespread. As the saying goes, buy on rumor, sell on news. That is why you should not trust indicators at all. They show people's reaction to news, which have already been played out. It is necessary to look for hidden factors and signs, rather than focusing on what everyone sees.
It's true that we shouldn't get hung up on just one thing and it's better to do in-depth analysis and research,
don't let our focus only be on indicators,
the important thing is to keep learning what to do to make the right decision.
adaseb
Legendary
*
Offline Offline

Activity: 3738
Merit: 1709



View Profile
April 25, 2023, 06:27:49 AM
 #29

Basically the news is a hit or miss. Some news does affect the way bitcoin trades such as a bad CPI, or surprise fed rate or a big miss on the employment numbers. The issue with the news is that you normally see it late and by the time you react the move will already happen.

And many times the complete opposite can happen. This is happening now with employment numbers. Normally when employment is good, then stocks and crypto go up however lately it has been the opposite except for the last employment numbers. So its basically just like guessing and you should avoid trading any news events, especially on lower timeframes.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
John Abraham
Hero Member
*****
Offline Offline

Activity: 518
Merit: 547


View Profile
April 25, 2023, 07:11:29 AM
 #30

I have not been in the crypto space for not too long but I have concluded that the news is more influential in the trend of the market than the technical indicators, guys what do you think?
Do not rely on the Technical indicators. They just predict the market as we all do. I am not an expert, but experts never say they are experts. I don't know if you are talking about any specific indicators or signal websites. All indicators and signals are scams. Suppose they can predict the market, why do they have to sell their signals to make money? If they can predict the price, they can invest all in and make millions every day. The truth is all of them are scams.

Now, if you talk about news effects on the crypto market. Well, it happens. If Elon Musk tweets that he is going to buy Doge coins, people will start buying Dogecoin and traders will take profit from there. Those market pumps are temporary. Sometimes bad news like banning Bitcoin or mining effects the market as well. If you check the history, it happened multiple times.

Smack That Ace
Legendary
*
Offline Offline

Activity: 1764
Merit: 1094


Eid Mubarak


View Profile
April 25, 2023, 07:55:39 AM
 #31

Both are better and are important. But a trader should pay more attention to the news than technical indicators. It should be in the ratio of 70 - 30. The news is important because it will avail you information of the latest sentiments in the market and how they positively or negatively impact the worth of Bitcoin. It acts as a future predictor and therefore more attention should be given to it.
I disagree with you.

News is like tip of iceberg but it is not the real reason. Real reason is because of technical indicators show that the market must have a big change so news is released to direct the market to what it should move. Do you see like after a market has its big movements, hours later you will see some articles on Coindesk, Cointelegraph and other sites to make it like there are reasons for the latest big movement. It is to make people think that the market is actually moving naturally. In fact it moves by manipulation from Market makers.

Agreed, sometimes the news is released just to legitimize market manipulation by market makers to make people believe that the market is reacting to the news and not being manipulated. But it also depends on the case and the type of news, such as news about the war between Russia and Ukraine, it is not a pre-arranged thing but a surprise. To monitor the market, we need a combination of many factors, none of which are more important than the other, all of which are essential to us.

masulum
Legendary
*
Offline Offline

Activity: 2212
Merit: 1592


hmph..


View Profile WWW
April 25, 2023, 10:29:51 AM
 #32

Usually the news is played out before it becomes widespread. As the saying goes, buy on rumor, sell on news. That is why you should not trust indicators at all. They show people's reaction to news, which have already been played out. It is necessary to look for hidden factors and signs, rather than focusing on what everyone sees.

For me, indicators can still be used as a reference. I know, the effect of news will change price movements more quickly, because news will create FUD and FOMO immediately after the news is released. however, when price movements are stable, there is minimal news, the indicator can be a good reference for entry and exit. Because, when the indicator shows an increase or down, at that time the media will start making news about the price and than FUD or FOMO occurs.

Then, we never know when we will get news, or when we read the news, we will be too late for entry/exit, so the most appropriate thing is to combine these two analysis methods according to market conditions if possible. Of course, this depends on how traders carry out their trading activities. I would not say you must doing this, it will depending on the habits and decisions of each.

.freebitcoin.       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.PLAY NOW.
jeraldskie11
Sr. Member
****
Offline Offline

Activity: 1246
Merit: 356



View Profile
April 25, 2023, 11:51:57 AM
 #33

Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?
The news is more powerful since everyone is aware of it, and it has a significant impact on investors. If there is terrible news, many people will panic and the price will fall, even if the price rises according to your market analysis. As a result, if you engage in fundamental analysis, your trade can be really effective.
Aside from that, it is still powerful to trade using simply technical analysis because many traders have become lucrative even without the news; in trading, the news is generally utilized for manipulation, thus traders usually follow it.

💀|.
   ▄▄▄▄█▄▄              ▄▄█▀▀  ▄▄▄▄▄█      ▄▄    ▄█▄
  ▀▀▀████████▄  ▄██    ███▀ ▄████▀▀▀     ▄███   ▄███
    ███▀▄▄███▀ ███▀   ███▀  ▀█████▄     ▄███   ████▄
  ▄███████▀   ███   ▄███       ▀▀████▄▄███████████▀
▀▀███▀▀███    ███ ▄████       ▄▄████▀▀████   ▄███
 ██▀    ▀██▄  ██████▀▀   ▄▄█████▀▀   ███▀   ▄██▀
          ▀▀█  ▀▀▀▀ ▄██████▀▀       ███▀    █▀
                                      ▀
.
.PLAY2EARN.RUNNER.GAME.
||VIRAL
REF.SYSTEM
GAME
|
████████████████████████████
████████████████████████████
████████████████████████████
██████ ▄▀██████████  ███████
███████▄▀▄▀██████  █████████
█████████▄▀▄▀██  ███████████
███████████▄▀▄ █████████████
███████████  ▄▀▄▀███████████
█████████  ████▄▀▄▀█████████
███████  ████████▄▀ ████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████▀▀▄██████▄▀▀████████
███████  ▀        ▀  ███████
██████                ██████
█████▌   ███    ███   ▐█████
█████▌   ▀▀▀    ▀▀▀   ▐█████
██████                ██████
███████▄  ▀██████▀  ▄███████
████████████████████████████
████████████████████████████
████████████████████████████
Fatunad
Sr. Member
****
Offline Offline

Activity: 2212
Merit: 347



View Profile
April 25, 2023, 12:01:36 PM
 #34

Both are better and are important. But a trader should pay more attention to the news than technical indicators. It should be in the ratio of 70 - 30. The news is important because it will avail you information of the latest sentiments in the market and how they positively or negatively impact the worth of Bitcoin. It acts as a future predictor and therefore more attention should be given to it.
I disagree with you.

News is like tip of iceberg but it is not the real reason. Real reason is because of technical indicators show that the market must have a big change so news is released to direct the market to what it should move. Do you see like after a market has its big movements, hours later you will see some articles on Coindesk, Cointelegraph and other sites to make it like there are reasons for the latest big movement. It is to make people think that the market is actually moving naturally. In fact it moves by manipulation from Market makers.

Agreed, sometimes the news is released just to legitimize market manipulation by market makers to make people believe that the market is reacting to the news and not being manipulated. But it also depends on the case and the type of news, such as news about the war between Russia and Ukraine, it is not a pre-arranged thing but a surprise. To monitor the market, we need a combination of many factors, none of which are more important than the other, all of which are essential to us.
There's no way on pointing it out or justifying that it does really affect up the market.We know that this market is really that highly reactive when it comes to new or events
which anytime we do see some fuds or negative news then we do directly make out some assumption that the market might be going down or would be having that decline,
but it is really how many times that it do proves out that no everything would be relying on what type of news that we are currently reading on.
Therefore, its not really that worth to make out some finalization.


Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?
The news is more powerful since everyone is aware of it, and it has a significant impact on investors. If there is terrible news, many people will panic and the price will fall, even if the price rises according to your market analysis. As a result, if you engage in fundamental analysis, your trade can be really effective.
Aside from that, it is still powerful to trade using simply technical analysis because many traders have become lucrative even without the news; in trading, the news is generally utilized for manipulation, thus traders usually follow it.
It indeed powerful yet we are just human beings which are susceptible when it comes to market conditions which our emotions are the main reason on why we would make out some
immediate response whether we would really be selling it up or would really be tending to buyback basing up on the market condition whether it would be that negative or positive.
TA's are helpful because we could project on whats the potential movement or pathway on which a certain coin would might to go on.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
Altryist
Legendary
*
Offline Offline

Activity: 2058
Merit: 1299



View Profile
April 25, 2023, 01:10:31 PM
 #35

  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?
You should pay attention to how it can work in conjunction. I noticed a long time ago that when technical indicators indicate the expected outcome and this is confirmed by the news (if we take any token as an example), then the probability of the expected movement will be much higher. Therefore, you need to be able to analyze everything as a whole, because this can give you a more complete picture.

.
.DuelbitsSPORTS.
▄▄▄███████▄▄▄
▄▄█████████████████▄▄
▄██████████████████████▄
██████████████████████████
███████████████████████████
██████████████████████████████
██████████████████████████████
█████████████████████████████
███████████████████████████
█████████████████████████
▀████████████████████████
▀▀███████████████████
██████████████████████████████
██
██
██
██

██
██
██
██

██
██
██
████████▄▄▄▄██▄▄▄██
███▄█▀▄▄▀███▄█████
█████████████▀▀▀██
██▀ ▀██████████████████
███▄███████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
▀█████████████████████▀
▀▀███████████████▀▀
▀▀▀▀█▀▀▀▀
OFFICIAL EUROPEAN
BETTING PARTNER OF
ASTON VILLA FC
██
██
██
██

██
██
██
██

██
██
██
10%   CASHBACK   
          100%   MULTICHARGER   
tjtonmoy
Sr. Member
****
Offline Offline

Activity: 1008
Merit: 366


View Profile WWW
April 25, 2023, 05:07:39 PM
 #36

I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators

We use the TA based on past performances and applying many strategies to get the price chart to get a prediction. Which is never 100% correct. There's always a room for error in TA. Trend or news influence on the other hand is based on influencer spreading their thoughts and sometimes fake news to manipulate the market. Which is very temporary compared to the original data which shows how the market behaves.
This is why the market is always unpredictable. Anything can happen at any time.
But if you want to trade the market based on trend, you will have to be at your best. Otherwise, as I mentioned it being temporary, the trend could end very soon thus putting you in loss.
It is the best to take your time to do technical analysis and trade based on that. Which will give you more success rate and in the long run in the market you will become a pro trader.
Not your financial advisor. Do your own research.
justdimin
Hero Member
*****
Offline Offline

Activity: 2982
Merit: 670


www.Crypto.Games: Multiple coins, multiple games


View Profile
April 28, 2023, 04:41:33 AM
 #37

For me, indicators can still be used as a reference. I know, the effect of news will change price movements more quickly, because news will create FUD and FOMO immediately after the news is released. however, when price movements are stable, there is minimal news, the indicator can be a good reference for entry and exit. Because, when the indicator shows an increase or down, at that time the media will start making news about the price and than FUD or FOMO occurs.

Then, we never know when we will get news, or when we read the news, we will be too late for entry/exit, so the most appropriate thing is to combine these two analysis methods according to market conditions if possible. Of course, this depends on how traders carry out their trading activities. I would not say you must doing this, it will depending on the habits and decisions of each.
Also the difference between using indicators and TA versus news is that you do not know about news and when they will come out. So you can easily do your TA and trade based on that, however if you are wrong and it doesn't happen then I would guess that it will be harder later on. Imagine trying to do something that is much harder than that, which is waiting for the news because we all know that the news will not be easy to handle and it will cause you to lose time without a second.

If you wait for the news to change something in the market, since you can't know it beforehand, you will be late to it and most of the time it will be already moved when you want to make a move. So, it's better to focus on TA and make a change there instead.

█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
irhact
Hero Member
*****
Offline Offline

Activity: 602
Merit: 749



View Profile
April 28, 2023, 05:28:04 AM
 #38

Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?

This is mostly because the cryptocurency market is filled with lots of emotional traders, they buy or sell a project because of how their emotions tell them to. This is very common because we have lots of inexperienced trader's and investors in the market. Basically anybody can pick up their phone, register on an exchange and start calling themselves traders or investors

Only the professional traders make use of technical analysis, majority of the other traders don't even analyze the market before the buy a project. The cryptocurrency market is very unprofessional and that's why we have lots of failed traders and only a very few percentage of traders get success.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
NotHatinJustTrollin
Full Member
***
Offline Offline

Activity: 462
Merit: 107


★Bitvest.io★ Play Plinko or Invest!


View Profile WWW
April 30, 2023, 08:11:17 PM
 #39

Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?

This is mostly because the cryptocurency market is filled with lots of emotional traders, they buy or sell a project because of how their emotions tell them to. This is very common because we have lots of inexperienced trader's and investors in the market. Basically anybody can pick up their phone, register on an exchange and start calling themselves traders or investors

Only the professional traders make use of technical analysis, majority of the other traders don't even analyze the market before the buy a project. The cryptocurrency market is very unprofessional and that's why we have lots of failed traders and only a very few percentage of traders get success.
I agree with your observations about the cryptocurrency market. It's true that the market can be highly emotional, and many inexperienced traders and investors can fall prey to FOMO (fear of missing out) or panic selling during periods of high volatility.

Professional traders typically use technical analysis and other analytical tools to make informed trading decisions. They have a good understanding of market trends and price movements, and they use this knowledge to develop trading strategies that can minimize risk and maximize profit.

However, as you pointed out, the cryptocurrency market is highly unprofessional, and this can make it difficult for new traders and investors to succeed. It's important to do thorough research and analysis before investing in any cryptocurrency, as well as to develop a clear trading plan and risk management strategy.

lionheart78
Legendary
*
Offline Offline

Activity: 2884
Merit: 1152



View Profile WWW
April 30, 2023, 10:09:43 PM
 #40


Technical indicators give us hints on when to buy or enter the market, it also gives us hint on when to sell, it does not literally make the price of the market increase, but it is useful to know when to enter and exit the market.  While the news has the ability to move the market.  News can greatly affect the market sentiment and can initiate trends which can overpower indicators and make it invalid.

It would be beneficial for our trading career if we are able to use both factors (news and technical indicators) to our advantage.

Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?

This is mostly because the cryptocurency market is filled with lots of emotional traders, they buy or sell a project because of how their emotions tell them to. This is very common because we have lots of inexperienced trader's and investors in the market. Basically anybody can pick up their phone, register on an exchange and start calling themselves traders or investors

Well not all traders are veterans, there will always be a newbie among the herd.  And these newbies are susceptible to emotional factor that can affect their trading capabilities.

Only the professional traders make use of technical analysis, majority of the other traders don't even analyze the market before the buy a project. The cryptocurrency market is very unprofessional and that's why we have lots of failed traders and only a very few percentage of traders get success.

I do not think that only professional traders use technical analysis., and those traders who just buy what they thought is profitable are not traders at all, they are in fact gamblers that rely on luck and pretend to be a trader.

▄▄███████████████████▄▄
▄█████████▀█████████████▄
███████████▄▐▀▄██████████
███████▀▀███████▀▀███████
██████▀███▄▄████████████
█████████▐█████████▐█████
█████████▐█████████▐█████
██████████▀███▀███▄██████
████████████████▄▄███████
███████████▄▄▄███████████
█████████████████████████
▀█████▄▄████████████████▀
▀▀███████████████████▀▀
Peach
BTC bitcoin
Buy and Sell
Bitcoin P2P
.
.
▄▄███████▄▄
▄████████
██████▄
▄██
█████████████████▄
▄███████
██████████████▄
███████████████████████
█████████████████████████
████████████████████████
█████████████████████████
▀███████████████████████▀
▀█████████████████████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀

▀▀▀▀███▀▀▀▀
EUROPE | AFRICA
LATIN AMERICA
▄▀▀▀











▀▄▄▄


███████▄█
███████▀
██▄▄▄▄▄░▄▄▄▄▄
████████████▀
▐███████████▌
▐███████████▌
████████████▄
██████████████
███▀███▀▀███▀
.
Download on the
App Store
▀▀▀▄











▄▄▄▀
▄▀▀▀











▀▄▄▄


▄██▄
██████▄
█████████▄
████████████▄
███████████████
████████████▀
█████████▀
██████▀
▀██▀
.
GET IT ON
Google Play
▀▀▀▄











▄▄▄▀
Pages: « 1 [2] 3 4 5 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!