Cryptocurrency & Technical Analysis

While cryptocurrency traders have many tools, they can use to evaluate the cryptocurrency market, one of the most tried-and-true methodologies is what’s called technical analysis. Using this approach, traders can get a better sense of market sentiment and identify key trends, and, with this information, make better-informed predictions. While technical analysis can be a valuable tool in a digicoin trader’s arsenal, those considering using it can benefit from being aware of the criticism brought against this particular approach.
Much of this criticism comes from the ‘efficient market’ hypothesis, which is the idea that market prices reflect all available information. Digital currency is independent of central banks and economic conditions of a country and even geopolitical tensions therefore a coin trader needs to rely on other methods of price analysis.
In this class we will take a look at some of the most reliable techniques and analysis that have proven successful for crypto traders.

Cryptocurrency & Technical Analysis

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Kane Dane