How to understand the market in advance

[Felloni]

Hi guys I’m new to the forum and I’m new to the crypto world.
I would like to know if there is some method on how to understand when the market is going to dip or when the market is going to pump.
Thank you in advance to all of you

[Upgrade00]

Traders use analysis to try and understand the market direction. I say try because there is no way to know with accuracy where the market is heading, all you can have are speculations which may be right or wrong. There are two types of analysis;
• Technical analysis and,
• Fundamental analysis.

In TA, you make use of previous charts and market actions to guess when the market is going to dip or rise. You need in-depth understanding of how to read charts and candles
In FA, you focus on the fundamentals of the project itself, major updates on the technology would have an effect on public sentiment and influence the price. For example, the halving effect reduces the rate of supply of new Bitcoins, and usually causes a rise in the price cause of lower supply against demand.

[mk4]

Just to add to what Upgrade00 said:

With technical analysis, a common misconception is that you will be able to "predict" markets. But in fact, it's just looking up certain probabilities. (e.g. based on indicator X and indicator Y, it's 5-10% more likely that this certain trading pair will go up a bit). Technical analysis won't give you some magical powers.

[Alisha-k]

You can use two methods which includes either technical or fundamental analysis but more profitable if you can incorporate the two. Although they could be reliable but not 100% accurate because prices are moved majorly by supply and demand. Basically how much the last bidder is willing to offer. To get a good knowledge about how this works you should take up trading courses

[Bitcoin_Arena]

If the short term market was easily predictable or if we had some free publically known indicators that were 100% accurate in predicting the outcomes of the market. Don't you think all of us traders would be millionaires by now?

I guess that answers your question. What we have are Technical and fundamental analysis tools, but they too aren't 100% accurate. They just help to shade some light on how the market might perform. Those tools and some vast experience as a trader might help you have some high win rate in trades, which is enough to grow your account over time.

[blockman]

Hi guys I’m new to the forum and I’m new to the crypto world.

Welcome to crypto and to the forum. 

I would like to know if there is some method on how to understand when the market is going to dip or when the market is going to pump.
Thank you in advance to all of you

The analysis is going to be your way of predicting the market if it's going to a dip or to the moon. Reading the charts will give you a significant opinion and why the market is going to be like that. You have to learn first those indicators that have been said to you by upgrade.

[Yamifoud]

You can use the chart to help to analyze the possible things it happens in the coming days but certainly, it was sure that it goes the same direction. In general, it was still a sort of market prediction.
You don't need to wonder why it goes like this, in this volatile market nobody had the snip of what it REALLY happens tomorrow or even today. We all are guessing but at least with the help of TA, we got some insights. Just trust our well, that really it helps.

[CaVO32]

You can use the chart to help to analyze the possible things it happens in the coming days but certainly, it was sure that it goes the same direction. In general, it was still a sort of market prediction.
You don't need to wonder why it goes like this, in this volatile market nobody had the snip of what it REALLY happens tomorrow or even today. We all are guessing but at least with the help of TA, we got some insights. Just trust our well, that really it helps.

I believe the OP is looking for shortcuts here. But the sad truth is, no one has the crystal ball to know what will happen next. Even those holders of coins, they are just speculating to what may possibly happen. You can have better grasp if you are dedicating your time to know more about the coins you are holding, their development progress, actual execution of tasks and other factors.

[electronicash]

we try to make money with the prediction we come up with by looking at the chart is not very accurate there will be lost despite the knowledge of how we use indicators. you will win mostly for the long term if you look at the chart in weeks and months chart.

if you are going to listen to the TA of others and compare it with yours, you will learn which indicators they are using and how they come up with the conclusions. technical analysis differs for every trader but they all have the same outlook for the long term.

[BitMaxz]

Crypto is unpredictable no one knows what will be the price of any coin in the future look at the price yesterday and today. No one knows that the price will drop I can't even find news of why the price is drop. So it means no one knows that we will see the red market today.

TA and FA can only help you to make a decision it won't help to accurately predict what will be the next price movement. The important on market is to make your own strategy so that you can avoid losses and make more profit.

Since you are a newbie I would suggest you to start studying TA and FA trading you can use the link below for awesome list of guides and free tools to start practicing your trading skill.
- https://github.com/SpiralDevelopment/Awesome-Crypto-Trading


Another tip is to look for old data like Bitcoin Block-halving every cycle or every block-halving. Then expect for coming bull market after that and that would be your signal if the market is bullish.

[crzy]

Hi guys I’m new to the forum and I’m new to the crypto world.
I would like to know if there is some method on how to understand when the market is going to dip or when the market is going to pump.
Thank you in advance to all of you

Welcome and it’s good that you actually ask for this one because most of the newbies here are asking “What to Buy” without asking “How”.

Anyway, there’s a lot of ways to understand the market and how it works. You can look on the technical or you can also look on their fundamentals, and the edge of every project. This may take a lot of time as a newbie but its good that you don’t skip the learning process, also know what do you prefer, to trade, to hold or to do both.

[Oceat]

Just like what the above said, you can either use TA or FA to predict the price of the market and its movement.

You can use the chart to help to analyze the possible things it happens in the coming days but certainly, it was sure that it goes the same direction. In general, it was still a sort of market prediction.
You don't need to wonder why it goes like this, in this volatile market nobody had the snip of what it REALLY happens tomorrow or even today. We all are guessing but at least with the help of TA, we got some insights. Just trust our well, that really it helps.

I believe the OP is looking for shortcuts here. But the sad truth is, no one has the crystal ball to know what will happen next. Even those holders of coins, they are just speculating to what may possibly happen. You can have better grasp if you are dedicating your time to know more about the coins you are holding, their development progress, actual execution of tasks and other factors.

In the end we are all a speculators and there's no shortcut in trading 'cause the one who used that probably lost most of their money. Again, trading in cryptocurrency is not a quick rich scheme. You have to work your way up to be able to consider yourself as a good trader and you won't be able to ignore losses it's in their everytime you trade. What only counts is how much you win compared to what you lose.

[so98nn]

All of the above, and there is more to understand about the market. It’s deep actually than just technical analysis and fundamentals. We must understand that crypto space is changing all the time. On a one beautiful day crypto could be gold and diamond mine while on the another it could be as hilarious as a joke of the evening. So we need to be very firm while trading any bits of it. I think we need information of next big moves beforehand so that we can save ourselves from such big crashes of market. If market is crashing then all the news channels has to in front of us so that we can understand what’s the basic cause for it. These things must be kept in mind so that next time we can judge the market with instinct itself. 

[palle11]

I would like to know if there is some method on how to understand when the market is going to dip or when the market is going to pump.

It is not easy but you can get close to it though you can't be perfect to it. Getting close however is by yourself and no body else, it means your strategy. You need to build a strategy that will work for you and you are going to have a good understanding of it. Such strategy is not more than either fundamental or technical analysis. You will learn the one working for you and that takes severe training and seriousness for you to be able to read the market.

For more information, fundamental analysis is particularly about news. So if you can understand trading the news then you can get to work on that but I believe most traders like myself duel more on technical analysis which is more of charts, drafts and use of indicators. Technical analysis usually works and effective, you can consider learning that way to build a good strategy.

[death69]

You should read more book and obtain more knowledge of the financial world, trading as well as investing. With such knowledge, you will have a brief observation upon any market, including cryptocurrency. There are 2 type of analysis: technical and fundamental. But I believe fundamental is more suitable for newbie like you because you only need to skim and scan information from different source of news to draw your conclusion on the market

[Sled]

You should read more book and obtain more knowledge of the financial world, trading as well as investing. With such knowledge, you will have a brief observation upon any market, including cryptocurrency. There are 2 type of analysis: technical and fundamental. But I believe fundamental is more suitable for newbie like you because you only need to skim and scan information from different source of news to draw your conclusion on the market

Reading books couldn't help this but with TA and through reading the chart is something that could help us. It was found to be more technical and need further analysis but it was to believe that is the only way we can make some prediction as to what happens someday. However, we can't be confident enough that we got it right as we are not sure that really be going to happen. But at least, we have possible insights into what will happen.

[sheenshane]

In addition above about fundamental and technical analysis which is perfectly good on how to understand the market situation.  Besides, there are a lot of tools that we can use to determine the possible market price flow, one of those is this Tradingview so that you can keep practicing reading the price graph flow chart.

However, watching videos and tutorials are also helpful to understand the market situation.  But all I mentioned above didn't have an accurate result, these are just tools to determine and predict the market price but not an exact price.

[Joshua Jackson]

Having the ability to predict when price can rise or fall is necessary for your success in this ecosystem. The demand and supply laws of any general market is applicable here in the crypto space. What you need to be able to make these price movement predictions is dependent on two factors, which are:

1. Fundamental information about how the crypto currency is doing in the market, its potential and usability.

2. Technical information gathered from the price of the crypto from its previous prices

With these two information, you are certain to make some accurate price predictions

[GreatArkansas]

First of all, since you are new to this forum. You should first aware to the set of rules of this forum, like do's and don'ts so you will not get banned and can able to continue to learn about cryptocurrency in this wonderful forum.

Newbies - Read before posting - This thread will help you.

Second, add to what others said above about trading or how the market works in cryptocurrency. If you are really newbies like still have no knowledge about trading or cryptocurrency. The best way to do first is "learn the basics", understand first those basics because those basics will be your foundation, understand how cryptocurrency works. And in trading, basics too, chart, chart tools, candles. And don't forget risk management if you are already starting to trade.

[tranthidung]

I would like to know if there is some method on how to understand when the market is going to dip or when the market is going to pump.

It would take you years, more than 4 years, to understand the market. I hope you will be fine within your first 4 years.

Let's take it simple because simplicity is the best.

• You don't have to know or understand the TA or FA. I don't say such analyses are useless but you can get profit by another approach
• Look at the Fear & Greed index
  
  • As the saying goes "Being fearful when others are greed, being greed when others are fearful"
  • Check the index with Altenartive.me
  • You can compare the Fear & Greed Index chart with chart of Bitcoin, and see the above saying is correct or wrong