Crypto Analysis: A Key to Trading Success by tomlee

hive-167922 · @tomlee · Mar 18 '22

$19.88

Crypto Analysis: A Key to Trading Success

The importance of proper planning before striking or taking a step cannot be overemphasized. Planning and preparations help you to carefully plot out the possible routes to accomplish a task and also allow you to know the best path to take in doing so. More so, it opens you up to the many things that could go wrong such that you are prepared and pre-informed should things go south along the line.
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![stock-market-6531146__480.webp](https://files.peakd.com/file/peakd-hive/tomlee/23z774QBe7ZREG8R2zeShit9mUdvDqc3TPyMoYnb5kdggL5AZA3WPQMoAguQhu4LVu2W1.webp)
[Source](https://pixabay.com/photos/stock-market-trading-stocks-6531146/)
___

Contrarily, when you make a move without carefully strategizing, you are bound to see failures. In the aspect of crypto trading, when you just initiate a trade whether taking a long or short position, without studying the market environment, price actions, and trends, you are bound to encounter losses. It's either you will get liquidated or you'll be in a negative PNL for a long period or you will have to trigger a stop loss. One of those three is a certainty when you trade carelessly.

Also, most of the unsuccessful businesses we have around us are a result of poor planning and strategizing. Not taking out quality time to plan and analyze only means that you are leaving the future/ outcomes in the hands of fate and chance. When you do so, you should be ready to accept whatever the outcomes may be. Remember, success doesn't happen by chance.
___

#### The Need For Crypto Analysis

The concept of analysis is a very vital factor in the realization of profits in the crypto trading business. Without proper analysis, you will always make the wrong moves in the market, and making the wrong moves will always result in losses. You don't want to see losses? Then, analyze before taking any position.
___

Crypto trading isn't like gambling where you can just predict or speculate without backings or facts to support your every crypto trade. Anyone that wants to make it big in the space must learn to always carry out adequate research and analysis.
____

Therefore, crypto analysis entails a careful study of a certain crypto market/ pair by considering parameters such as volume, price actions, chart indicators, market trend, news, updates, and developments around the said crypto which then gives a signal on the trading decision to make.
____

#### Fundamental and Technical Analysis

Furthermore, crypto analyses are of two categories. We have fundamental analysis and technical analysis. These two are distinct and important in their ways. None is more important than the other. However, a good knowledge of both concepts will give you an edge in crypto trading.
____

![images (38).jpeg](https://files.peakd.com/file/peakd-hive/tomlee/Eoke3a69CLjBuCZrAYFCcyZy87bRZn8s8ohW6xAdD4UfQ73hNyJB1RWKeXXaYhMsB7W.jpeg)
[source](https://academy.moralis.io/blog/what-is-fundamental-analysis-for-cryptocurrency-analyzing-macro-factors)
____

As the name implies, fundamental analysis has to do with knowing the fundamentals, underlying principles, and the use cases of a particular project. A project with a clear use case will always do well in the market whereas a project with no actual use case would cause investors to incur losses.

____

To guide your trading activities, you need to study and know everything there is to know about a particular coin/ token. That way, you will miss investing in shitty projects. Fundamental analysis also involves paying attention to news and developments surrounding a certain project.
___

For example, whenever there is news that a certain crypto project has been attacked by hackers or exploited and funds stolen, it tells a trader that such project token will see an immediate or temporal decline in price as a result of a high selling pressure that'll follow. On the other hand, news of major upgrades, developments, adoptions, partnerships, and collaboration with top entities could cause a pump in the market.
____

![bitcoin-6537382__480.webp](https://files.peakd.com/file/peakd-hive/tomlee/23sJjmWMxX688Eon41EAsTPx2DpiSzjb1xSzZ9e9MMg5AkmTgqUKmdf63po7PZWtFKsFq.webp)
[source](https://pixabay.com/photos/bitcoin-crypto-stock-chart-trading-6537382/)
____

Whereas, technical analysis has to do with charting through the use of various indicators, price actions, volume, and many other parameters. Charting involves the interpretation of candlesticks movement to ascertain future price movements.
____

In the aspect of complexity, technical analysis is more complex than fundamental analysis. To analyze the market technically, one must learn and understand the usage of indicators and patterns in the market. This method of analysis is mostly done by crypto experts but anyone can always learn technical analysis.

The bottom line is that, as a crypto trader, you should not take decisions irrationally rather carefully consider various market parameters and factors before initiating any trade. That way, you'll make profits and be successful in your trades rather than incurring losses.

</div>

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tomlee/crypto-analysis-a-key-to)

👍 leo.voter, sepracore, waivio.match, muratkbesiroglu, bartosz546, achimmertens, guruvaj, anadolu, communitybank, listnerds, beta500, atheistrepublic, centtoken, firstamendment, citizendog, robvector, red-rose, technologix, fun.sports, tokensink, djsl82, simba, fantasycrypto, megavest, jigstrike, rufans, roleerob, mammasitta, leofinance, trisolaran, steembasicincome, sam99, filosof103, b0s, gadrian, sportfrei, starfighter, daniky, solox, kiaazad, marivic10, freddio.sport, steemegg, cielitorojo, jgb, successchar, battebilly, rencongland, tomatom, benie111, utibeeffiongart, dashfit, alokkumar.sports, randomblock1, realblockchain, roozeec, kork75, zacherybinx, hardaeborla, dimsyto, psygambler, amimohan, ireneblessing, peterpanpan, and 220 others

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properties (23)vote details (284)

voter	rshares	pct
simba	25,896,824,817	32.5%
justtryme90	4,183,407,955	32.5%
mammasitta	20,732,378,996	6.5%
nascimentoab	2,498,891,713	32.5%
alz190	1,870,297,236	45%
joshglen	3,972,816,518	32.5%
psygambler	5,074,283,273	32.5%
randomblock1	5,758,390,966	65%
rufans	20,890,087,707	50%
sc-steemit	2,214,346,632	32.5%
moretea	3,048,685,343	65%
dashfit	6,282,193,598	32.5%
hoboway	806,868,528	32.5%
daj	636,316,334	32.5%
ihsan19	631,578,758	65%
yuslindwi	917,324,735	32.5%
sixexgames	3,836,885,451	32.5%
travelnepal	2,103,165,885	32.5%
more4less	2,265,438,670	65%
sepracore	4,749,027,232,508	100%
frankydoodle	4,075,370,748	32.5%
mrstaf	1,332,254,284	32.5%
maxdevalue	1,160,438,396	45%
christianolu	984,777,214	90%
slefesteem	529,427,971	32.5%
kisom1	747,118,756	32.5%
friesennerz	1,666,227,350	32.5%
firstamendment	61,569,778,364	50%
sam99	16,513,710,332	21%
amimohan	4,736,832,628	100%
zacherybinx	5,382,368,174	32.5%
makrotheblack	2,824,891,977	32.5%
blackmagic	2,052,054,044	65%
dante31	581,804,105	5%
fatherfaith	1,614,083,693	32.5%
colmedwardsphoto	2,976,882,955	65%
pearlumie	1,841,770,811	32.5%
onyi	608,178,018	52%
knightwarrior	3,138,862,211	32.5%
bahagia-arbi	521,580,817	10%
tezzmax	3,207,745,645	32.5%
tochprince	1,038,935,415	32.5%
bobthebuilder	882,490,185	25%
roleerob	20,758,537,600	5%
gnarlyanimations	1,154,568,677	65%
tolarnee	772,174,688	32.5%
rubia.michelle	950,002,526	100%
bcrafts	1,413,183,103	13%
silasvogt	536,177,056	32.5%
bartosz546	147,335,250,294	32.5%
kiaazad	12,036,680,567	32.5%
korghawk	2,299,792,219	100%
battebilly	7,248,633,471	32.5%
anadolu	102,408,177,926	25%
airhawk-project	1,395,720,670	65%
odebgaming	827,633,002	65%
kdee916	4,017,295,517	32.5%
red-rose	41,689,147,643	99%
kerry234	529,160,221	65%
paulmoon410	503,993,664	10%
fredkese	987,716,543	11%
mirfaner	524,754,338	65%
tboyloyal	876,532,511	32.5%
hrhmikelength	891,252,750	32.5%
berkaytekinsen	1,197,001,796	65%
motivatorjoshua	1,218,751,581	65%
apon6431	874,484,333	90%
mhm-philippines	656,593,192	32.5%
balina	319,221,037	50%
xanderslee	4,530,035,446	65%
enjoyy	687,403,308	32.5%
amarbir	1,175,256,416	50%
guruvaj	133,343,160,405	90%
funshel	649,612,656	32.5%
steembasicincome	17,227,487,584	0.54%
tomatom	6,550,964,167	32.5%
akumar	1,396,182,936	65%
azmielbanjary	2,000,243,909	32.5%
thedrewshow	521,729,716	65%
benie111	6,432,860,281	26%
tosyne2much	809,248,630	90%
sholly1	2,004,730,328	26%
eprolific	3,636,514,194	65%
reginacatajay	779,204,863	90%
raimundolm	265,812,807	100%
communitybank	81,912,217,777	65%
osarueseosato	2,379,296,878	65%
admiralsp	2,257,108,431	65%
jigstrike	21,172,562,806	32.5%
leslierevales	3,654,824,822	32.5%
airhawk-exchange	1,200,527,299	65%
mrxplicit	828,887,116	65%
cheesom	592,109,791	32.5%
cool08	2,913,818,114	32.5%
sportfrei	13,242,968,917	50%
fantasycrypto	24,694,645,522	32.5%
oredebby	1,201,025,405	32.5%
dimsyto	5,280,064,376	65%
photohunter2	612,152,732	32.5%
preciousimo	973,233,597	65%
sportsconnect	3,088,586,133	65%
aotearoa	2,322,831,942	32.5%
technologix	40,041,516,571	65%
cruisin	3,568,842,799	31.5%
atjehsteemit	601,628,227	32.5%
evepontes	746,993,923	100%
sunshinebear	858,638,273	32.5%
nucleus-tezz	759,405,696	32.5%
muratkbesiroglu	506,216,074,369	30%
botefarm	2,030,659,291	52%
comidinhas	695,107,710	100%
otto11	508,608,801	48.75%
carloniere	634,289,592	65%
laviniatherapist	2,710,161,431	55.25%
obsesija	1,850,242,067	5%
bookoons	518,439,905	32.5%
gadrian	13,691,402,560	4%
gifty-e	519,798,304	65%
achimmertens	139,024,446,973	32.5%
jacksondavies	1,710,806,731	32.5%
realblockchain	5,570,671,706	20%
thomaskatan	1,127,106,076	45.5%
netzisde	3,791,341,616	32.5%
rachelleignacio	783,014,093	32.5%
bilimkurgu	812,711,685	25%
ireneblessing	4,620,561,052	60%
trisolaran	18,787,904,782	32.5%
steem.girl	521,016,127	100%
dawizy	1,046,600,020	52%
hardaeborla	5,340,680,921	32.5%
citizendog	48,388,768,922	65%
ihal0001	671,711,923	32.5%
catajay.vstore	598,535,022	90%
joswag	903,835,765	32.5%
femseen	978,123,605	70%
roozeec	5,440,638,060	100%
mayorfaruk	2,870,226,802	19.5%
fabrik	2,283,159,187	65%
gallerani	575,095,466	10%
juanhobos	537,893,680	32.5%
montanacellist	2,718,318,923	32.5%
mastersa	1,680,572,854	32.5%
lifeskills-tv	1,919,904,731	54%
ezunjoshy	2,104,690,799	32.5%
yestermorrow	3,825,895,237	9.75%
cryptogeek2020	520,235,056	45%
marivic10	12,011,548,878	32.5%
cynicalcake	899,145,472	32.5%
minnowspeed	3,918,917,316	50%
riottales	530,315,582	32.5%
alexxxdada	1,309,249,850	100%
jenniferjulius	1,335,122,065	32.5%
angoujkalis	825,532,484	32.5%
predict-crypto	2,335,238,671	1.3%
dalzphoto	540,739,881	70%
edward-abu	525,718,138	65%
topworlds	2,863,550,236	58.5%
ennydee	531,110,254	32.5%
starbooks	1,708,152,050	32.5%
solox	12,166,086,094	65%
martinstomisin	1,845,469,131	32.5%
kork75	5,420,296,289	32.5%
kbskl	595,452,785	100%
fire451	1,001,505,056	65%
starfighter	13,218,897,837	65%
steemegg	9,359,338,667	32.5%
jtm.support	2,513,611,491	32.5%
flyingbolt	704,425,234	10%
tahuna	4,174,743,972	100%
chicago.cubs	850,038,181	32.5%
writeandearn	2,095,020,328	100%
ava77	720,206,039	16.25%
anna.kathaxrina	976,815,446	32.5%
parth7878	1,062,010,428	32.5%
jzn	2,947,571,021	90%
filosof103	15,189,869,166	32.5%
hungryanu	1,427,655,747	19.5%
zackarie	709,846,829	32.5%
swirly	2,995,515,507	32.5%
megavest	23,689,605,071	10%
digitalmack	865,817,139	32.5%
anicom	2,460,626,622	90%
fitcoin	546,671,348	100%
edipascal	1,890,507,441	100%
leo.voter	8,198,781,023,429	10%
hyborian-strain	757,931,806	9.75%
freddio.sport	10,744,536,339	45%
apostlevincent	1,037,422,870	90%
tokensink	33,635,133,186	65%
beta500	71,069,960,901	65%
successchar	7,468,018,024	32.5%
stem.alfa	2,263,881,340	100%
steembatangas	615,660,051	90%
uyobong.sports	1,644,748,324	90%
fun.sports	37,359,212,284	45%
cd-photo	544,209,728	100%
coinlogic.online	3,862,321,699	5%
cabinet24	605,617,824	100%
atheistrepublic	63,773,795,026	32.5%
jgb	7,873,133,525	4.5%
hjmarseille	1,894,637,462	45.5%
meandmyvolvo	1,853,984,805	100%
menoski-sport	683,221,716	90%
onestop	1,550,152,376	5%
devann.sports	793,334,947	45%
mengene	847,594,221	32.5%
leofinance	19,508,865,543	10%
spiritking	1,067,768,852	100%
waivio.match	815,443,103,193	13.7%
peterpanpan	4,565,074,734	6.5%
utibeeffiongart	6,399,244,040	45%
dantommy	501,759,422	100%
abkevwe	528,870,658	32.5%
djsl82	31,977,053,649	22.5%
glasscity	344,855,482	13.7%
daniky	13,005,451,703	16.25%
dave-estates	2,867,585,050	45%
jsalvage	1,579,613,745	32.5%
filosbonus1	4,461,440,156	32.5%
ilovegames	3,753,091,514	13%
tajimkhan	944,921,326	32.5%
liriadis	1,976,864,881	32.5%
gabrieljr	1,066,068,112	32.5%
casilokodesing	716,483,117	32.5%
ibkdagreat	2,975,888,797	52%
vonzeppelin	1,227,562,348	32.5%
shamzy	732,015,493	32.5%
b0s	14,896,484,541	32.5%
alokkumar.sports	6,032,744,115	90%
ctpsb.ctp	582,521,852	60%
cielitorojo	8,011,174,946	5%
elgatoshawua	2,431,624,906	5%
tomlee.sports	1,575,454,333	100%
liotes.ctp	345,284,299	60%
din0baba	742,991,370	32.5%
robvector	43,292,724,892	32.5%
eythorphoto	2,463,349,048	32.5%
cryptololo	1,031,991,450	9%
broadhive-org	1,048,649,646	5%
samseny	864,479,708	50%
mcdaymtn	671,125,484	90%
counterterrorism	1,611,383,620	32.5%
cedstruct	787,459,766	45%
zellypearl.sport	1,398,586,243	90%
chuxter	902,701,680	32.5%
gatorfan	615,686,719	100%
ubyego	707,382,404	50%
icarri	3,764,455,633	95%
diamondcare	1,145,787,063	100%
germangenius	1,014,758,294	32.5%
fabiarte	492,605,662	65%
rejicoronado	464,874,656	65%
abuelacosturas	466,038,054	65%
kalivankush	2,055,314,711	32.5%
layfon	1,659,234,377	90%
rencongland	6,596,756,390	32.5%
williamtboy	84,115,330	10%
poggersdude	1,096,998,429	32.5%
ivarbjorn	2,894,488,122	20%
centtoken	63,009,518,056	25%
shadowalker21	1,187,975,771	32.5%
kayntan	2,185,765,769	32.5%
waivio.curator	1,463,695,710	2.74%
simsahas	3,153,563,119	32.5%
topbooster.leo	507,860,659	49%
uybee	666,505,522	100%
listnerds	71,720,208,626	15%
youarecreative	1,037,011,743	100%
ctp-curator	1,790,107,398	100%
leo-curator	1,395,851,213	98%
pob-curator	0	1%
pal-curator	134,872,702	50%
neoxag-curator	871,032,652	50%
stem-curator	318,923,103	100%
bee-curator	1,866,105,074	100%
vyb-curator	871,285,385	50%
anthonytanj	508,081,795	95%
coolguy123.leo	807,659,572	50%
ccc-curator	619,869,367	70%
khaltok	820,990,881	10%
veliozdemiroglu	1,628,293,742	100%
ozgeoz	542,756,952	100%
conodev	1,262,368,070	100%
anicom.vote	815,129,267	100%

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