Post
Topic
Board Trading Discussion
Re: How do you know if current prices are corrected or going to correct?
by
24Kt
on 15/11/2021, 18:12:05 UTC
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.