#Technical vs #fundamental analysis in #trading (a #thread)
Technical traders think that the fundamentals are incorporated in the price. E.g. when a chain will launch an exchange on it, the price already reflects that information as people will buy based on news as soon as they get them.
May 16, 2021 • 43 tweets • 15 min read
I'm dedicating these 2 days to correlate BTC situation between now and 2017-2018. I'll hashtag #bullorbear based on what I find.
Up until now:
- The ideas vehiculated on groups like "it goes under ema X, MACD negativ don't work. Reason: you get negative MACD also in other phases (e.g. accumulation) and while it's happening you wouldn't know which phase you're in.