Agreed. A combination of both - factoring fundamentals into reinforcing what the chart says can prove to be quite powerful, I think.
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Agreed. A combination of both - factoring fundamentals into reinforcing what the chart says can prove to be quite powerful, I think.
I have found that fundamentals can be a hindrance, though. The technical chart patterns tell you all you need to know, because the fundamentals are priced in to the price charts. This is 100% fact with Equities, futures and Forex, but as Crypto's are new, I cant really say this is the same case just yet to be honest. I would imagine so. But with trading in the hands of smaller bedroom investors the way ALT Crypto markets react to fundamentals is quite different to other financial instruments.