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Author Topic: How do you know if current prices are corrected or going to correct?  (Read 391 times)
AmoreJaz
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December 04, 2021, 11:27:22 PM
 #61

For finding trend we have to guess what price is going to react around bottom or top line levels. Corrections happen after trends, if it is there you can trade the possible bottom for potential top in uptrends. Otherwise it is game of not getting liquidated.

even if you are experienced in this market, still some of your predictions will still be lopsided. no one can precisely predict what's going to happen. but you can always make a good guess if you are spending some money. correction is also somewhat overused. there will always be like this in any market.
you just need to keep an eye open for news that will possibly influence the trend in the market. and you should be prepared once it happens.

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December 16, 2021, 04:45:29 PM
 #62

Its general that if you see certain price and suddenly that price become low then it is clear that this price is good for the buying of that coin. Same is the case when you buy coin and that elevated after sometimes and give you profit then it is the prediction of the success to get profit by selling that coin. Otherwise future price are just speculation and no one really sure about the coming price.

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Sihab76
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December 17, 2021, 11:15:18 PM
 #63

The current prices at any given time, how do you know if they are going to correct or are already corrected?

Like the prices atm.
It is never possible to know in advance about the cryptocurrency market, but if the future development of some projects is followed properly, the project can go in a good position. There are some cryptocurrency exchanges that are a must have, for any Affiliate, promoting any program.
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January 06, 2022, 05:48:44 PM
 #64

There is no way that how will the users know about the actual price but if they have certain type of profit then may be think that this price is corrected but when they do not have the opportunity to make cash then it may be says that the price is not correct. I think that no one really knows about the future price but they may be suggests and make opinion about the price but not actually knows.

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January 06, 2022, 07:01:07 PM
 #65

When you are going to be a trader you are told that you have to acquire a lot knowledge and experience. You have to learn a lot and these things are said to know the energy so that you can understand the nature of its motion. When to trade, when to wait. You can adjust the price chart indicator in different ways.

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January 06, 2022, 07:29:48 PM
 #66

If you know the Technical Analysis then you can understand the correct price of an altcoin or token. No one can predict the exact value of a coin for the future. You can just predict the price.

Quidat
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January 06, 2022, 10:35:32 PM
 #67

No one knows on whats coming and we know that technical analysis could be anytime be fucked up by market volatility which is really very common to happen.
Correction does happen whether theres news or sentiments around or doesnt have at all because this had been a typical behavior of this market and that what
makes it hard to predict on what would happen next. If you dont have sufficient knowledge and skills then you wouldnt last out for sure.

tippytoes
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January 06, 2022, 10:40:37 PM
 #68

If you know the Technical Analysis then you can understand the correct price of an altcoin or token. No one can predict the exact value of a coin for the future. You can just predict the price.

Even experts can't predict the market prices in accurate manner. But you can lessen your losses by keeping up to date with the market. Also, you will get some insights on what's going on with the project if you will follow the social media channels of the coins you are holding. If you see that the team starts to delete their accounts, then, something is wrong going on. Better discard your holdings before they totally disappear even at a loss. So in this scenario, you need to educate yourself by following their updates and news. You can't depend on fud or fake news.
Rengga Jati
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January 06, 2022, 10:43:11 PM
 #69

Actually, we will not know exactly whether the price wil be corrected or rise up.
However, sometimes there are some factors and also conditions where we may predict the market will be going on.
1. News spreading, it relates to some FUD coming from influenced parties, countries, or people, spreaded by media around the world. Commonly the price will be corrected after the release of the FUD.
2. We may also analyze the chart in indicators in the coins, there will be seen some probabilities based on the chart, time frame and other information on the indicators. Well, at least the technical analysis may also be used to see whether the price will be corrected or probably rise up. However once more, it is such a prediction and it is not 100% true. Maybe true or maybe not.

R


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January 06, 2022, 10:51:47 PM
 #70

No one knows on whats coming and we know that technical analysis could be anytime be fucked up by market volatility which is really very common to happen.
Correction does happen whether theres news or sentiments around or doesnt have at all because this had been a typical behavior of this market and that what
makes it hard to predict on what would happen next. If you dont have sufficient knowledge and skills then you wouldnt last out for sure.
Even we are good at TA but we could not assure that it was right. The analysis is mostly based on the past and current trends but to know what gonna happen next is somewhat a big puzzle for everyone. We'll just be guessing or predicting and most of the time we are wrong. But despite this thing, people had never stopped doing this as it eventually helped them/us as well.

The volatility of the market makes it hard but on the other side, it gives us the advantage while having the chance to buy low and sell high.

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