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Author Topic: How effective is market analysis in crypto trading?  (Read 65 times)

TradeHerald

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How effective is market analysis in crypto trading?
« on: June 01, 2020, 12:26:12 PM »
Every professional trader knows that market analysis is important to conduct a good trade. It is a part of good trading practises, but some believe that when it comes to crypto trading with leverage there is quite inconsistency in following technical analysis. It means that one has not to rely only on technical analysis. He/she has to do proper fundamental analysis. Fundamental analysis is where you judge a project based on the merits of the project.

There are certain course outliers which technical analysis is not good at predicting. These include massive price movements because of market disturbing news, these are unusual situations and they could throw a wrench into your analysis plans. Trade Herald, a  margin trading crypto exchange allows you to trade 24x7 trading with zero downtime. Visit https://tradeherald.com/

 

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