๐๐ Technical Analysis vs. Fundamental Analysis โ Which One Wins?
A lot of people ask: Should I use technical or fundamental analysis?
The truth is, both are important โ but each plays a different role in the crypto world ๐
๐ Technical Analysis:
Relies on price movement on the chart
Uses tools like RSI, MACD, and moving averages
Identifies support and resistance zones
Very useful for day trading or short-term trades
โ Its strength: Helps you find the best time to enter or exit a trade
๐ง Fundamental Analysis:
Focuses on the project itself: team, idea, partnerships, tokenomics
Very important if you plan to invest for the long term
โ Its strength: Gives you confidence that your money is in a project with a real future
โ๏ธ So, which one should you choose? ๐ค
If youโre day trading or scalping: technical analysis is your best friend
If youโre thinking long term: fundamental analysis is key
The best option! Combine both to make smarter decisions
๐ CMX Academy
๐ฌ Tell us: Which one do you rely on more?