How to acquire crypto price prediction skills?

  • Keep track of support and resistance levels. As a rule these will be psychologically significant numbers that the price has difficulty crossing.
  • Each asset has its trading range and phases. The more you monitor a certain asset, the more you get a feel for it.
  • Remember that the cryptocurrency market is very emotionally-driven. Price movements are often governed by sentiment — and very often this is priced in before the act (buy the rumour, sell the news..)
  • There is no universal method that can let you spot tops and bottoms every time.
  • Even seasoned, professional traders make mistakes. To get a feel for the market, you have to study the asset, its history, what made it move up and down — and dip your toe in, play, practice etc.

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