Crypto Trading Arena: Fundamental and Technical Analysis

Jul 13, 2024

Crypto Trading Arena: Fundamental and Technical Analysis

Fundamental Analysis

  • Objective: Determine a coin's real value based on underlying factors.
  • Approach: Dig deep into factors contributing to a crypto's intrinsic value.
    • Technology
    • Purpose
    • Team behind it
    • Position in the market
  • Similar to being a detective.

Technical Analysis

  • Objective: Forecast future market movements based on past behavior and price trends.
  • Approach: Founded on three key ideas:
    1. The Market discounts everything.
    2. Prices move in Trends.
    3. History tends to repeat itself.
  • Compared to being a fortune teller.
  • Tools and Indicators:
    • Moving Averages
    • Relative Strength Index (RSI)
    • Moving Average Convergence Divergence (MACD)

Moving Averages

To Be Continued...