Steemit Crypto Academy | Course By @stream4u - All About Price Forecasting. for @gaby7491

Enthusiastic to expand more knowledge about trading, her conference is very useful to take care of our investment, due to this topic we will prepare for future investments that we make with cryptocurrencies so it is better to have as much knowledge as possible before making something wrong. Let us begin.

Predicting the price of cryptocurrencies is uncertain, whether by the way we decide to go, we will never obtain the exact value, what can be done is to take into consideration several key points that define the value of cryptocurrencies, the purchase demand and sale to what we define market volume and above all we have to pay close attention to which blockchain is based on the cryptocurrency that we want to invest, let us remember that if the base of our cryptocurrency increases in value, it will also drag the tokens that make up by investments its structure, we can predict a small price interval that it will have in a certain period of time, it will not be an exact price but it will be in its standards to generate a small profit, this we achieve through 3 types of analysis, technical analysis, fundamental, and sentimental.

I can mention that it is necessary to enter and know how all the price forecasting methods work for a good management of our assets, we must do several tests to know in which strategy we can be more exact and we can obtain more profit, the more you learn the much more feasible, we need to have knowledge about the price forecast since many times people have to govern and make decisions to buy or sell a cryptocurrency just by having heard several news about a possible value, this directs us to make a bad step in the investment world, we must never be governed by just one information, before acting and taking a step, we must carry out several investigations and make a final decision, which if something happens with our investment we will not blame anyone .

When we are thinking of making a small investment we must take into consideration what we are going to base ourselves on so that our investment is made successfully, to know which method to use you have to investigate on what guidelines the cryptocurrencies are based to raise and lower their value, when be clear about which method suits your learning, you must perform many tests in order to become an expert on the subject and end up doing an excellent job and an excellent investment. The methods you can use are as follows.

This particular analysis is carried out in a graph where the collection of all the internal data of our cryptocurrency in the form of towers or candles, some red and others green, shows inside a large amount of information about what is happening in the market, buying and selling, the only thing we can do through this analysis in my opinion is to look for a sequence of towers and candles and a series of patterns that indicate the next step that our cryptocurrency will take in its value .

Fundamental analysis, means an investigation that is carried out to the platforms to intertwine and know their movements within a market, this means that we have to focus on who buys and who sells in real time, this type of analysis is usually a bit slow since we must carry out a good investigation to coordinate our next step to follow for a good investment, since if a corporation announces the purchase of a currency that is stagnant, we must take advantage of that purchase to our benefit for us to invest and take a good percentage of the increment of price.

Among the greatest methods to predict a value we have sentimental analysis that is responsible for applying information about their projects to the public, this has many pros and cons, since many people and organizations can take this information to get the investor to be called towards this type of information, many people tend to invest using this method because it is the fastest and it is at a social level, with groups connected in the network.

We will analyze the bitcoin with respect to future changes through the Exchange binance and through its nice bullish gratitude.

In the green line we can see the highest points in which the bitcoin has arrived called supports and in the lower red lines we can see the points of the resistances in which there are many buy orders and they do not let the price go down .

If we see the previous block formation, we can see that it always rises and falls, we must pay attention to that and be governed by logic. We see a possible upward slope.

Thanks for reading my homework, through this task I described the quick way of how to learn to calculate the price of a cryptocurrency with forecasting and price analysis methods and a little about how to understand the charts, these methods will show us a small proximity of scenarios futures of how the price of a cryptocurrency will be in a period of time. This is very useful for the prevention of our money, and we will expand the basic knowledge about the methods of forecasting prices.