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Cryptocurrency News Video
Avax CEO Issues Harsh L2 Warning Bitcoin Ethereum Altcoin Crypto - Technical Analysis ( AI Sidus Senate )
Mar 25, 2024 at 05:39 am Erdem Bayram
In finance, technical analysis uses historical "volume and price" data to identify statistical trends and attempt to predict the direction of price.
The success rate is much higher than random trading. The concepts of "stop loss" and "support, resistance" in technical analysis enable the adoption of a risk management strategy that limits loss and increases the possibility of profit by following the trend. Its difference from fundamental analysis is that the intrinsic value of a financial product is not examined, but a statistical trend is determined based on price.
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#avax #xrp #bnb
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