Lecture 1.1:- What is Financial chart analysis:-
The study of historical price charts to forecast the upcoming movements of price is known as Financial chart analysis.
It has two major types:-
(1) Fundamental analysis:-
Here analyst analyze four major things for right prediction. (i) Intrinsic Value. (ii) Financial statements. (iii) Companies Performance. (iv) Update News.
(2) Technical analysis:-
Here analyst analyze more thing like, (i) Price charts and Trading Valume. (ii) Indicators, Trends, Chart patterns, Candlestick patterns, etc.
Every trader need to analyze Charts on both of the above types.
And Some investors and traders who combine both and analyze charts is known as Hybrid approach.
This is enough for today....and we will go deep in the next lecture... Make sure to understand each word and everything...if you wanna make your self a real trader.
$RUNE / USDC is gonna bull, Try to analyze.
See you...