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

[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.

[1714948092]

1714948092

[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.