I believe, to the disagreement of many, price moves news and events, never the reverse. This is why Elliott Waves states that news and events will arrive to justify the forecast.
If the forecast comes true, yes. However alternative counts always exist, so fundamentals are a important factor when it comes to the odds of analysis coming to fruition.
I don't believe fundamentals increase odd of call; rather it decreases it. The reason is that price is the earliest reflection of sentiment while news and events are downstream. That is why price projects the news.
For me coins must fulfill a certain criteria before investing since there's so many pump and dumps in crypto.
How do you tell a true breakout from a pump & dump?
It is interesting, never the less one must always beware of fundamentals technical analysis is good, but never rely solely on TA.
I believe, to the disagreement of many, price moves news and events, never the reverse. This is why Elliott Waves states that news and events will arrive to justify the forecast.
If the forecast comes true, yes. However alternative counts always exist, so fundamentals are a important factor when it comes to the odds of analysis coming to fruition.
I don't believe fundamentals increase odd of call; rather it decreases it. The reason is that price is the earliest reflection of sentiment while news and events are downstream. That is why price projects the news.
For me coins must fulfill a certain criteria before investing since there's so many pump and dumps in crypto.
How do you tell a true breakout from a pump & dump?