How do you know if current prices are corrected or going to correct?

[Turbolantern]

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.

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[Upgrade00]

You do not really get to know, traders can speculate but cannot accurately determine when the price action changes. This is the reason it's better to buy and hodl if you do not have knowledge of technical analysis, you are not burdened with finding out where the price is going, you only need to understand the fundamentals and determine it's a project worth investing in.

When buying, it's better to Dollar Cost Average than to try and game the market and wait for the price to fall.

[Stalker22]

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

As a general rule, when the price of an asset falls more than 10% over several days from a recent peak, that is typically characterized as a correction of an asset. These patterns often signal that bullish traders are exhausted and there are no new buyers to support the uptrend.
However, no technical analysis is perfect and future price movements cannot be predicted with absolute certainty. Consider buying in portions rather than going all in if you are planning to enter the market. That way you will be prepared for any price movements, and if the price drops further, you will have liquid funds to buy more.

[Oshosondy]

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

At times it is just best to hold, because if you hold no matter how the price decrease, it will still increase back than when you started to hold.

Trading is difficult, the price of bitcoin in short time period is difficult to predict. But if the price of a coin has significantly increased, it is normal for the price to decrease but not to the point it started to increase, the price will still be above.

[cheezcarls]

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.

The market is unpredictable, so we don’t know when will the prices be corrected at a specific time. We can’t control the market. There are instances that the coin or token may pump or dump in all of a sudden without warning.

[jossiel]

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.

No way of being accurate with that.

But that's why there are methods of knowing if it's the assumption if the market is on a correction. The known method is by looking at the chart of it.

You look at the peak and what's the lowest and compare it to the current price.

[galambo]

You do not really get to know, traders can speculate but cannot accurately determine when the price action changes. This is the reason it's better to buy and hodl if you do not have knowledge of technical analysis, you are not burdened with finding out where the price is going, you only need to understand the fundamentals and determine it's a project worth investing in.

When buying, it's better to Dollar Cost Average than to try and game the market and wait for the price to fall.

There is no way one certain that todays ATH is final one for Bitcoin or it will go more up from here. Its all based on how good you are in analysing the market with tools and with your knowledge. DCA is best way to buy a coin, never invest all your money at one price.

[bittraffic]

The analysts know it because when the price hits its peak, it normally corrects like when it goes up, it usually goes down. But normally they are just looking at the given time frame and then see it on RSI as it's moving towards the 70 levels. Some may already be selling at that level.

But it's not just the TA to be considered this time because of the economy, the fundamental variable affects the market to stay afloat. Maybe the traders are looking at what taproot could do.

[palle11]

I think the main thing is that whenever there is a high volatility, you should expect that it will also drop, so you look or watch out for the drop. It must drop and that is the correction there but when it will drop is what no body knows is patient. Usually for me you can watch the candle position of the trade and the longer hours too. Your concentration on the market during a bull or bear time is important because the candle need to be understood with technical analysis. Technical analysis on a longtime chart is good and can help you spot correction.

[dimonstration]

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.

Use a longer time frame such as Day or Week if you are trading for long term and 1H to 4H if you are trading daily to weekly. Lower time frame is dedicated for future trading. By determining the appropriate time frame on your chart. Use fibonacci level to determine if the current price is already overbought. There's a certain level on fibonacci that traders most often used to determine the perfect price for take profit. Use that and combine it on an Elliott Wave pattern to determine the next move.

Summary:

• Determine Time Frame
• Use Fibonacci Level to determine the condition of the price
• Find the Elliott Wave Cycle Pattern to determine the next move of the price

[palle11]

If experienced people in the crypto market could understand when the market will rise and fall, I think they could be the richest people in the world. It's impossible. Experience people can assume 60% -80% of the market trend especially who are very much knowledgeable.

What experience people do is usually to pump the price of a coin and they dump their hodling and few lucky people can follow them on that . How they do this can be through trading groups in telegram, either they are the admin on the group or they send their group link to other groups and asking people to go buy the coin by hyping it. They create volume on the coin as price rise to the level they want to sell, they dump and move on. But as to the knowing when a coin will rise by themselves is not very possible like you also said.

[Zanab247]

I guess with the information you get from the forum can make you to know if it is good to supply to the market or to hold for future to earn something good at the end of the investment. Once you discover that the price of a particular coins is not too stable in the market show that the coin is good to hold not to sell at the moment.
When you sell the population of customers going to the market to sell their coins show that the market price is correct to  anyone to achieve profit at the moment. But when you see few customers selling their coins in the market, show that they sell base on some challenges to solve at the moment.

[Ararbermas]

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.

look for the current resistance and support.. Dont just base in one time frame wherein must check different time frames. for me 4h to 1m is useful because you can assure that you will have a good prediction afterwards. And also you must know what are the common patterns that always exist in the graph because without such knowledge most of your TA will be useless after all.. For example "double tap, head and shoulders and etc".  Because to be honest base on my experienced it's a big advantage to have such information.

[Woodie]

Usually if crypto prices gained a lot in a short time, its expected that a correction will follow but if you don't want to speculate about this possibility, the best is apply technical analysis on the charts. By looking at the charts, markets give certain structure and candle patterns which can be used  to anticipate such market moves, and for those that trade using order blocks....any unfilled order blocks can give you an idea that markets will be back to mitigate these unfilled blocks hence the correction.

[teosanru]

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.

What do you think, if anyone would know that, won't he be called the greatest Investor Ever? Moreover, this is a very relative statement, for example, the price might be very correct in a shorter time frame let's say 15 days but not good to buy if you are going to hold for 6 months but can still be good if you want to buy for 5 years, so all this is quite subjective and depends entirely on your intent of investment and the timeframe you can spare the money for. A good index for this can be RSI if it's in the oversold region it means the price is corrected too much and can go up slightly.

The only solution that people do to circumvent this problem is the averaging or some people call it DCA but obviously everyone has limited capital. A simple strategy is to forecast the minimum point where you feel BTC can fall and split your capital in proportions until that point and wait, there is no better strategy than this.

[mindrust]

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.

You don't know it because you are not the market maker. If there was a way to know this, everybody would be rich. And since everybody can't be rich at the same time, it is not possible for everybody to make the right guess.

The only people who can make that guess right are usually the whales because they are not exactly "guessing". Their actions actually shape the markets.

When a guy with 10k (for example) coins thinks there is a bubble and sells his coins slowly, he can pop that bubble by creating panic among the other big whales and it can turn into a snowballing effect. (or not)

[adaseb]

If it was easy to tell what the market is going to do in the future, there would be no markets pretty much since everybody would be doing it. The market can’t exist if everybody makes money. It’s zero sum and half the people lose money to the other half.

Nobody knows if the $69K was the peak or not. Sure it dipped and perhaps it was the low and we might go higher however it’s impossible to know this moment. Hence why you should never invest more money than you can afford to lose.

[cabron]

Experienced traders can foresee where the price would go, it's not easy to achieve this kind of skill but it's possible for them to do the technical analysis. When the price seems to have bubbled, it's always going to pop but knowing when it will happen is not easy. Prices always do the correction but it will be hard to know when.

The trend somehow is just for us who are not very experienced. If prices start to correct, they always say the trend is your friend.

[Strongkored]

No one will ever be able to know the exact price unless you are in a group that really controls the market with a large funds can do that.
Imagine if they are able to precisely know the correct price then trading is something very easy for them and will only experience profit without loss, but I'm sure no trader will ever experience profit only.

[Wexnident]

I don't think traders actually know? They just assume, predict, foresee it. It's not a guarantee but they have tons of information to back up their speculations together with their various experiences with the market, which pretty much reveals their personal judgment on how the market would move. Emphasis on the person though, since no judgment could actually be judged if it's true or not before the said event has come to pass. A prediction is just that, a prediction, it has no stamp of guarantee that it would actually happen.

[pawanjain]

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.

You will be able to know that when you learn technical analysis and how to read charts.
There are many courses and tutorials available on the internet which can guide you to learn technical analysis.
Once you learn it, you will be able to easily differentiate between correction, retest, accumulation zone, pump etc...
Also, trading is only a game of probabilities and nobody can accurately predict anything.
Most of the times, it's the traders who predict higher probabilities of an event who gain profits from the market.

[XCANA]

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.

That is the most difficult aspect of trading crypto currency or any other investment market. Most time traders do speculate which may come to fulfilment on some occasion but not at all the time. So, the only this you can do it to speculate and make your decision based on that, but remember at that point to reduce the amount of money want to risk.

[michellee]

I never think like that. I just follow the price moves and try to profit because I do not think anyone will know the correct price for every coin. But if you want to trade, you need to have skills in analysis to know if the price now is at the correction mode so you can buy the coin at a low price. Maybe the only clue for you to determine if the price is in the correction area is when you see the big red candle for the coin to prepare or buy it directly.

[jostorres]

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

You cannot figure out with bare eyes but you may somehow find out with the help of technical analysis which is the reason you must start trading only after mastering all the requirements of trading which usually includes/all about the technical analysis. With the help of technical analysis you will come to know like the prices are going to rise or going to fall and then according that, you can decide.

a prediction, it has no stamp of guarantee that it would actually happen.

The guarantee of your production will increase along with your technical skills; you must work on continuous learning and must try combining more technical tools, this way you will get more accurate prediction up to 99% and the remaining is in God's hand.

[24Kt]

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

You cannot figure out with bare eyes but you may somehow find out with the help of technical analysis which is the reason you must start trading only after mastering all the requirements of trading which usually includes/all about the technical analysis. With the help of technical analysis you will come to know like the prices are going to rise or going to fall and then according that, you can decide.

a prediction, it has no stamp of guarantee that it would actually happen.

The guarantee of your production will increase along with your technical skills; you must work on continuous learning and must try combining more technical tools, this way you will get more accurate prediction up to 99% and the remaining is in God's hand.

For me, you don't need to master all the requirements in trading such as TAs to start trading. You can already start trading small while learning the basics as you will learn those tricks along the way. You can apply what you have learned by using small funds. And remember, each alt in this market is different. It is better to know their background or history so you will not be trading them blindly. As no one knows the correction phase of the coin, what you can do is get as much hint as possible by subscribing to the social media channels of the coin you are interested with. Because this will give you some insights on what may happen next for the coin.

[Sweetbtc]

Doing trading or in trading there we (traders) can't say anything completely 100% accurately about any of the coin, because it all depends upon the trader own research and trading changes with time whether someone is investing a less amount or someone is invested more amount in the same coin, it will depend on different factors completely.

[South Park]

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.

You need to understand something, the indicators that we use on our charts tells us what has happened in the past but they do not tell us what it is going to happen in the future with perfect accuracy, this means that it is up to the trader to interpret what has happened and make extrapolations about what it could happen in the future with those indicators, this unfortunately means there is no way to know if the price is about to correct or if it did so already, but you can use your skills as a trader to guess to the best of your ability when this will happen or if it has happened already.

[TinaK]

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.

Do you think if someone will know they aren't rich enough now?
Because the crypto market is unpredictable, you will only know that the price is corrected after how many days seeing the price compared to the previous one, if the price drops something like 15% from the previous, that is being corrected price but you don't know exactly when it will occur.

There are some traders using technical and fundamental analysis for this, but against this is not a perfect tool to predict the market, it is just speculation either it is accurate or far from the result. Juts invest and hold for a long term and there is no need to wait for a massive correction, we don't know how can be folded bitcoin in the future or how many folds when it has a correction, so invest at your own risk.

[nelson4lov]

Experienced traders can foresee where the price would go, it's not easy to achieve this kind of skill but it's possible for them to do the technical analysis. When the price seems to have bubbled, it's always going to pop but knowing when it will happen is not easy. Prices always do the correction but it will be hard to know when.

The trend somehow is just for us who are not very experienced. If prices start to correct, they always say the trend is your friend.

I have had the opportunity to hear from experienced traders about how they know the market or a particular pair  night undergo a correction and their response was that when the current market run seems to be losing its steam, that's when they start making preparations for a possible correction. It might not always work but majority of the time, it does. Personally, if the market has been very bullish and then it the bullishness starts wearing off, I reevaluate my open positions immediately.

[Lanatsa]

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.

Who knows?

No one on this market does have that kind of ability on knowing on whats the upcoming thing specially on times of correction but somehow with the help of technical analysis then you could presume out possible movements if ever it did reach a certain point like the indicators are already showing off some reversal possible situation

Also to think that not all TA's could really be precise which means it would neither work or follow or wouldn't really make any reactions at all and this is how this market to
unpredictable.

If it was predictable on the first place then we wouldn't really be this big.

[jrrsparkles]

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.

Literally nobody never knows that, that is the nature of cryptocurrencies if you don't know that atleast learn that now and stop asking silly questions like this anymore guys.

The prices of cryptocurrency started to taking a leap after the continuous green for the past few months but we don't know either its a correction or the start of bear market.

[fullhdpixel]

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.

There’s really no way that you’ll be able to tell when the market is going to be corrected or whether it has been corrected. Mainly what traders do in the market is just to keep speculating on what may happen and sometimes it do happen and sometimes it doesn’t. So, it’s not like there is anyone who is able to see what’s going to happen in the market and that just keeps happening, it doesn’t work that way, it’s just something that may or may not happen. So, that’s why they say the market is all about speculation and nobody knows it all.

Though analysis can help you to know where the market might actually be heading to, whether it will be going down or likely to go up, but it doesn’t tell you the exact price it is going to land at. And even at that your , analysis can even end up being wrong.

[ItsCrafty]

Most of time, probably with me happens that if I bought some coins at low price then its price decreases firstly when is sell it it increases at the same time, I think this will probably be happen with other too, so in trading world traders have only the ability to judge the coins and get to it, they don't know what to do exact.

[el kaka22]

No one on this market does have that kind of ability on knowing on whats the upcoming thing specially on times of correction but somehow with the help of technical analysis then you could presume out possible movements if ever it did reach a certain point like the indicators are already showing off some reversal possible situation

Also to think that not all TA's could really be precise which means it would neither work or follow or wouldn't really make any reactions at all and this is how this market to
unpredictable.

If it was predictable on the first place then we wouldn't really be this big.

The scary part is that nobody "really" knows (you can make assumptions predictions of course) but there are so many that talk like they know what is going to happen. I do not get why people are interested in those people and why they listen to those people neither. There are millions of dollars lost on each cycle just because some people believed so called "experts".

They are dime a dozen on twitter for example, you can see a ton of people who call out what will happen, sometimes they are right and sometimes they are wrong and they defend themselves when they are wrong by saying something unexpected happened (something unexpected happening in crypto is something you expect ffs) and then they talk about how they were right and how awesome they are if they get it correctly. It is really a horrible situation we are in and I hope that it will do better in the future.

[Fatunad]

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.

By reading the chart you can predict the next trend and some indicators will help you plot your next strategy for the next trend so better to start learning TA now because its working especially if you do this properly. Corrections always happen every time the market goes up though, so expect some correction if you see new ATH on any coin because they can’t totally go up without corrections, people will always take profit.

Wont really be a problem if you do really know on how to read up the charts but if not then you would really be finding it difficult but you should bare in mind that not all technical analysis would work anytime.

There are various factors that could affect market movements and to know that this is something which cant easily be predicted then its anticipated that some of your
analysis couldnt work.You would able to notice or determine it on point when you are engaging with this very unpredictable market.

[Johnyz]

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.

This is the work of Technical Analysis, to know the possible trend or the next price range of a specific coins/tokens. Indicators can be use to tell if its going to up or down, either overbought or already oversold. In TA you must consider everything, one indicator that can be backed-up by other indicators, this can be more effective.

[Hypnosis00]

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.

We just speculate what will happen next because we never know exactly. Because if only possible that we know, I think we all in rich but that was not the intention of creating this and this volatile nature adds surprises and interest of the people around. If we are one of those people who want the thrill and wanted to make speculation, that would be great and seem to be the place to stay.

Besides, it wasn't the volatility that make things difficult to understand the situation of the market. It was just ourselves who can't adjust and adopt such an environment, that we should have to do, otherwise.

[otundebis]

The market of cryptocurrency is dynamic and what determine price correction are varied. In the recent price dip, US policy signing as regard broker will limit cryotocurrency trading and investment in the US! Many fundermenter factors could determine the price of bit on now and in the future. When you pay attention to what is going on around the world, you will know what to do to protect yourself against price correction!

[worle1bm]

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.

We can only speculate and if you are experienced trader you can study the candle patterns and find out the next move but not always right.If anyone could perfectly time out buying/selling actions then it would have made him/her the richest and luckiest person but that's not happening.So you can only make assumptions from the facts and figures but we can't figure out perfectly that they are going up or down.

[BitcoinAccepted]

Most likely after it reaches its ATH however some coins can continuously go higher before expecting correction, some are minor corrections and some are major corrections. But in reality there's no way we can exactly tell when there will be a correction and how deep their corrections will be that's why we combined different indicators and our instinct to make successful trades.

[New.in.trading]

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.

Short answer: You cant know, like knowing what's 2+2 . Its that simple. No one knows. But you can make a plan, according to your strategy and then, if it starts playing out, enter a position. That is what I do for btcusd and others. This my current view of things. If it happens, I get an entry. If not, then there is no entry. Its that simple. It needs to be updated regularly, and then be followed again.

[Issa56]

I don't think anybody knows when a particular coin already hit the bottom and it won't go down any more and body knows when a coin is due for correction as a trader the only thing you can do is just to study the candle stick and make sure you look for a good entry and enter the market and if you are leaving the market if you think you are already in profit and you are satisfied you can easily leave but if you are contemplating if there will be correction kindly do you analysis again and if you think there is high probability that correction or dump will happen kindly leave if you want to.

[carolynpatterson]

It’s hard to tell, you can only speculate. Your analysis will always come in handy. The knowledge of both analysis—fundamental & technical—is essential to get the best returns.

[so98nn]

After reading the whole thread it seems no one exactly know how and when the market corrections happen. I have seen many peeps just stating that the market is on the verge of correction when it has recently went to ATH and is now dropping in prices. Why not take the current cycle example where price rose ATH just few days back, got stabilised for sometime, and now crashing at alarming rate. Peeps will start calling this phenomenon as correction. This is because everyone thinks the ATH price was too much for it.

Honestly I do not believe in this one now a days. I myself used to state earlier that market is correcting itself and stuff like that. But these days the patterns are completely different. You cant be sure what happening. The movement you think its correcting itself is the next step bitcoin will jump to whole new ATH. Lolz.

[LUCKMCFLY]

Well, intuition is a valid way to take into account, however, you do not need so much experience to be able to predict it, for example the BTC is with a price higher than + $ 60k and this price can continue to increase due to many reasons, but in some At the moment you must make a correction naturally, a healthy correction, which is normal in any speculative market, and this means that it can occur at any time due to the volatility of the currency, and if this happens all altcoins will fall in price in a radical way, then it is always better to be aware of any bearish movement.

[AakZaki]

Short answer: You cant know, like knowing what's 2+2 . Its that simple. No one knows. But you can make a plan, according to your strategy and then, if it starts playing out, enter a position. That is what I do for btcusd and others. This my current view of things. If it happens, I get an entry. If not, then there is no entry. Its that simple. It needs to be updated regularly, and then be followed again.

It seems easy enough to read your words, but I think it's quite difficult to apply them. At least enter the market if you look at the chart must certainly have technical analysis in addition to fundamentals. If you look at the lines you make, it's certainly not easy for new people to understand. Indeed, market analysts have had ease with the various tools provided in the chart. When drawing lines I need the help of some tools such as fibonanci, RSI, MACD and some other tools. Because if you look at the line you make it will be very difficult why it can go down and then go up, down again it seems to need to be clearer.

[ScamViruS]

It’s hard to tell, you can only speculate. Your analysis will always come in handy. The knowledge of both analysis—fundamental & technical—is essential to get the best returns.

It is necessary. Many times the market fundamentals react recklessly due to various news which causes the market to become unstable and change in any direction of the big kind of market price. This makes it difficult for ordinary traders to find the right time. When a trader tries to make a decision after doing various analyzes, the opposite reaction is seen in the market, As a result, technical and fundamental analysis can often confuse a trader due to the rapid changes of the market.

[Stedsm]

Have you heard of Fibonacci?
You must try it on your charts to understand where will the market be heading, because knowing major levels of support and resistance will literally help you out in finding out whether a correction is near or the market is going to take a rebound. And keep note of things side by side as to what's happening outside markets but relates to the crypto you're invested in, so that will also help you predict it in a much better way.

[Rengga Jati]

Market correction is the position of price or rate of coins or tokens are decreased. And commonly if they are more than -8-10%, maximally, they are considered as a market correction. And we can do buying the coins in some stages (not all in) in order to prevent being decreased again, so we still have another chance to buy.
We can also see from the chart indicator of a coin price rate, there will be certain candles that show us about the movement of the price itself.
So, this doesn't mean only by guessing an gambling, but by analyzing from the indicators. Although this may not guarantee that the analysis is true, but at least, this indicator helps us to understand what will probably happen to the market.

[palle11]

Have you heard of Fibonacci?
You must try it on your charts to understand where will the market be heading, because knowing major levels of support and resistance will literally help you out in finding out whether a correction is near or the market is going to take a rebound. And keep note of things side by side as to what's happening outside markets but relates to the crypto you're invested in, so that will also help you predict it in a much better way.

From my experience with Fibonacci retracement , it is not a trend finder. Fibonacci is just like any other indicator that can be overwhelmed by market rush. Fibonacci is an indicator that you can set to your taste of trading strategy so I consider it as an indicator that can be manipulated or lagging behind the market price. I used it but it is not a trend finder, just one of the indicators that the market volatility will easily beat the set to confuse you.

[South Park]

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.

This is the work of Technical Analysis, to know the possible trend or the next price range of a specific coins/tokens. Indicators can be use to tell if its going to up or down, either overbought or already oversold. In TA you must consider everything, one indicator that can be backed-up by other indicators, this can be more effective.

Traders have to understand the function of indicators, this is very helpful and the real answer to the question of OP though it may not 100% guaranteed, but most of the time it follows the trend. The current price corrections is an indication that we failed to sustain the momentum and failed to break the resistance, its normal fo see such corrections if you just look at history of the price.

Many people never do that, which is why I see people that are using 20 different indicators on the same chart when at most you need 4 or 5 to get the job done, if you have more than that then this means that most of the time one or more of the indicators on the chart are performing a similar function to other indicators and it is not adding anything to your understanding of the markets, and instead they could be hindering it by giving you mixed signals that makes more difficult for the average trader to make conclusions about the markets and its movements.

[LUCKMCFLY]

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.

No one knows about when correction takes place even the people who are involve in crypto for so many years doesn't have a talent to predict the correction , we can only know the correction when it's already happen or takes place in athe market the price will suffer and it will make a sudden fall and people will panic and loss that is why patience is the most important in crypto if you don't have patience maybe you are in a wrong place.

Some years ago through the tensorcharts.com tool it is possible to see where the buy and sell orders are, as they appear as if they were small liquidity pools, and these give a lot of information according to the season, in every market we know that when there are a bullish rally or bullish trend, at any time a small correction occurs, and that correction is natural and very common in all speculative markets, in fact there is also another tool that can be used in tensorcharts, and in tradinview which is the volume profile To activate this tool it is necessary to have the premium version but it gives a lot of relevant information regarding what the market can do.

[martina14]

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.

Well, for you able to know none of the traders here in the cryptocurrency knows that dude, In fact, almost all members here in the forum
are just giving their own speculations regarding about what they're thinking in the price could be in the future. Then, none of them can predict it accurately.

[PhucS]

I think very few people know in advance when the market will correct and the price will go down. The crypto market is always full of surprises. For some experienced traders, it is possible that they will be able to guess based on the signals that they have gathered through many trades. When the price is too high for a while, there may be a correction in the following days, but it is all guesswork, no one can know exactly what will happen in the future.

[carlfebz2]

I think very few people know in advance when the market will correct and the price will go down. The crypto market is always full of surprises. For some experienced traders, it is possible that they will be able to guess based on the signals that they have gathered through many trades. When the price is too high for a while, there may be a correction in the following days, but it is all guesswork, no one can know exactly what will happen in the future.

For TA's then yes but talking literally then it doesnt exist because there would be no human on this world does able to know on what future looks like thats

why this is on self research and analysis when making out some presumptions or speculations on where the price could possibly able to go.

When we do speak about correction then this is something that hard to know because it all varies with the community or market sentiment
whether it is been influenced by Fud or any fundamentals.

[palle11]

I think very few people know in advance when the market will correct and the price will go down. The crypto market is always full of surprises. For some experienced traders, it is possible that they will be able to guess based on the signals that they have gathered through many trades. When the price is too high for a while, there may be a correction in the following days, but it is all guesswork, no one can know exactly what will happen in the future.

No one can say exactly that price will go down or up , it is only speculation that they do. The only kind that know may be the pump groups. The pump group can advise people in the group to buy coins that will keep the price also rising as more people buy it and they can start selling their hodling which can crash and fall the price but to know exactly that the price of bitcoin would fall is difficult. As it just dropped lately I don't think people expected the drop in price.

[DoublerHunter]

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.

^ You cannot predict what will happen in the future because the price is unpredictable, but knowing the fact that we are in a correcting status because if you compared the previous price vs the actual price if the price was down too much sounds like 10%-15%, expecting that it was a correction that will surely be backed anytime soon. At this moment we saw that there is resistance after the correction, it seems BTC was trying to recover in just a matter of hours. And if you are going to ask me about it is a time to invest, yes anytime is a good time as long as the purpose is a long term holding.

[famososMuertos]

Well ... it is not something that you get up today and then the message comes to you today we are going to have a correction in the price, the sporadic trader mainly lives in that permanent conjecture to be or not to be (to sell or not to sell) but the daily one it just starts selling-buying, sometimes I find myself in those two profiles.

It just happened just a few hours or a day ago, that + -10% (bitcoin) was or is very nice and if we add it with the accumulated bitcoin in which it is according to its maximum this year that in just a few hours has left many with good profits to re-buy bitcoin, but it is the continuous "performance" of cryptos, so "guessing" or know the price correction, they only depend on you doing the corresponding trade action, it is not something that is always achieved, sometimes you get it right or sometimes you don't.

[nelson4lov]

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.

I think that in the ideal trading world and conditions, corrections usually come after price might have rallied for a while - just as you said, after trends. although it's worth noting that there are also corrections within trends. it doesn't necessarily need to be after the trend. corrections offer an opportunity for new buyers to get on board the ship or a chance for further price sliding down to much lower zones. the only hurdle is knowing when price would correct so we can take advantage.

[livingfree]

It's visible.

Now, it's correcting.

We don't need any validation for it but, as an actual sight in the market there are the charts. But knowing what's next, if it will up or down, it's for you to find it out.

Mentors would tell you TA and FA.

[AmoreJaz]

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.

[Hobo66]

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.

[Sihab76]

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.

[checkmatesir]

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.

[ranaprime]

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.

[2girls]

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]

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]

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]

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.

[Kelvinid]

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.