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Cryptocurrency News Video
Bitcoin '4 Days Left for Altcoins', Attention to March 11, Is There a Signal from the USA? The Process Will Be Extended | KIMBO
Apr 20, 2024 at 10:39 pm 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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