You can always see a pattern in any cryptocurrency. If you are concentrating on a particular cryptocurrency of your interest most of the time, you will certainly notice a clearer pattern
Can we predict market structure in crypto trading
- Thread starter Golden_ear
- Start date
Like seriously even people who claim to be giving signals to help the people out there to gain profit while investing in any cryptocurrency coin were not that sure of it they are just giving out the guess signals.
We can predict the market structure in crypto trading, however, this does not mean our predictions will be hundred percent correct. If that was true everyone who is into crypto trading would have become a billionaire.
Bizdustry Advertising
In-Conversation/Thread Advertising - Click Here to Advertise
The Charts! Technical analysis is very important when it comes to crypto trading because there are patterns readable on those charts. However, it does not give you an 100% prediction but it sure helps.
Its a bit difficult to predict the price of bitcoin this days oo... Sometimes it will shock you as a trader on which direction the market is going... must time bitcoin use psychological movement...
According to the definition of prediction, you can actually predict anything you want to. It doesn't mean it will be stark reality. We have experts in Crypto trade who predicts this block chain which comes to limelight.
Bizdustry Advertising
In-Conversation/Thread Advertising - Click Here to Advertise
The prices of bitcoin to a very large extent is determine by a lot of factors,it could be a policy by some countries,a huge investment by a wale investor,speculation by industry players,these things can actually cause the price to fluctuate.
You can't. It's consistently in motion.. What occurs in months in customary venture markets occurs in days or hours in Cryptocurrency market. Anyone and everyone is simply estimating and they can just defend what has occurred (which is again anyone's conjecture) however they can't anticipate what will occur next especially in Cryptocurrencies
We can only make predictions based on our own beliefs, which may or may not come true. There is no mechanism for accurately estimating the price of a coin; if there was, many people would be millionaires right now.
Bizdustry Advertising
In-Conversation/Thread Advertising - Click Here to Advertise
Well there are lots of factors to be considered if you are going to make sense of the market. Volume in circulation, market cap, ATH and ATL, among so many other things.
The prediction of the market structure is what we are really talking about in trading. Your technical analysis is aimed at predicting correctly the market value of the cryptocurrency.
Actually, while predicting the crypto markets is not an easy task, it is not impossible. Every trader or investor needs to understand the signals that influence the market and make their decisions accordingly. Understanding these patterns is a necessary part of any successful trading activity. However, we cannot know what will happen in the future due to circumstances and factors.
Bizdustry Advertising
In-Conversation/Thread Advertising - Click Here to Advertise
One thing i have come to understand in the cryptocurency market is that most of these predictions are actually based on speculative market analysis,and it is usually from market statistics,price movement and some demand and supply factors.
If someone could predict it, they would be a billionaire by now.
I know there are stories of people who invested early on and held onto it this whole time to cash out and become overnight millionaires and billionaires. They weren't able to predict the market but ended up investing and holding right.
I know there are stories of people who invested early on and held onto it this whole time to cash out and become overnight millionaires and billionaires. They weren't able to predict the market but ended up investing and holding right.
It is difficult to forecast the market structure and trends of cryptocurrencies because projections can never be guaranteed to be accurate. No one
can truly foretell what will happen; and therefore analysis would always be based on a likelihood but not of certainty
Bizdustry Advertising
In-Conversation/Thread Advertising - Click Here to Advertise
Sadly the crypto market isn't a transparent one so there's no means to study and understand patterns or better put, it'll be a waste of time trying to do that. Some whale might just wake up and decide he wants to swing the market in a particular direction.
We can't predict the market structure in crypto currencies as crypto currencies are very unpredictable. We can observe to know when the market is bearish or when it isn't.
You can definitely be able to predict market structure to some extent but you cannot be able to do it accurately because they are also so many other people who are trading in the market.
Bizdustry Advertising
In-Conversation/Thread Advertising - Click Here to Advertise
No one knows exactly what will happen but there are indicators and tools and trading strategies that can help in anticipating the movements.
They are only as good as the person using them. You can also follow crypto communities online for updates.
They are only as good as the person using them. You can also follow crypto communities online for updates.
When it comes to cryptocurrencies, the market structure is impossible to fully forecast.
Although it is possible to attempt prediction, always keep in mind that anything might happen.
Your guess can turn out to be accurate or inaccurate.
Although it is possible to attempt prediction, always keep in mind that anything might happen.
Your guess can turn out to be accurate or inaccurate.
Newest Directory Listings
WWE Hub is a discussion forum for all things wrestling! Share and chat with other wrestling fans throughout the world!
ABCProxy is cost-effective, ethical residential proxies network!
