📊 What is the difference between Technical Analysis and Fundamental Analysis?
If you are trading in crypto, you will always hear about two types of analysis:
Technical Analysis and Fundamental Analysis.
So what is the difference? 🤔
📈 Technical Analysis:
It relies on reading price charts, candlesticks, and indicators like RSI and MACD 🔍.
It focuses on past price movements to predict the future, without looking at news or events.
📰 Fundamental Analysis:
It focuses on news, the economy, partnerships, data, and projects that directly affect the currency.
For example: A major partnership announcement with a strong project may raise the price 🔥.
🎯 Professionals combine both to make smarter decisions!