Crypto currencies have shown relatively low correlation to economic fundamental data and other markets, leaving technical analysis and crypto-specific news as the main drivers for analyzing them.
1) Technical Analysis
Technical analysis is the study of the price movement and patterns of a security. By scrutinizing a security's past price action, primarily through charts and indicators, traders can forecast future price direction.
2) Economic Analysis
The economy is the total of all activities related to production and consumption of limited resources by a group of participants.
3) Fundamental Analysis
Fundamental analysis attempts to measure a security's intrinsic value by examining related economic and financial factors including the balance sheet, strategic initiatives, microeconomic indicators, and consumer behavior.