What are the benefits of combining fundamental and technical analysis?
What are the benefits of combining fundamental and technical analysis?
At least for long-term trading, it is necessary to combine the two types of analysis so that a more complete and relevant analysis can be made. What do you think, do you use both?
In our opinion, the benefits would be the following:
1. Comprehensive Vision
2. Signal Confirmation
3. Risk Mitigation
4. Capitalizing on Both Short and Long-term Opportunities
5. Flexibility in Strategies
Just whomever that has both knowledged combined often produces a meaningful results while trading as it helps in creatings good understanding for a trader to know when to enter market. Anyone who is of this knowledge also make the right choice to choose among coin to trade with relative to how important those coin are and how they can be holds in terms of investment, to crown it all this two things are what gives birth to a successful trading and whomever that can utilized the fundamental and technical analysis will also become successful in their trading journey. @sriyan suggested you can move this thread to above mention section to give more light to it.