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How to Predict Corrections in the Market?


Often we need to make adjustments when the market is likely to correct. However, before making corrections, we need to identify corrections in the market. So, what are the "triggers" or tendencies that can be observed if the market is about to experience a correction?
#1 The Market Situation of Overconfidence and Greed.
The main indicator that can be used to see the potential correction in the market is the fear and greed indicator. Often we overlook this indicator even though it is a key that should be taken into account. When the market is in a state of extreme greed: be careful of the potential correction that may occur.
#2 Supply Indicator on Profits From Bitcoin.
There is a Supply in Profit indicator in Bitcoin that can be used to see how many market participants are currently in profit. Every time this indicator reaches 100%, indicating that all market participants are in profit, a correction is almost certain to occur and the market is likely to experience a decline.
#3 Oscillator Peaks, Bearish Divergence.
The main indicator used to observe momentum in the market is the oscillator. Whenever the oscillator is at a peak state, a correction is very likely to occur. Furthermore, we must pay attention to the presence of bearish divergence or a situation where the price and the oscillator diverge. There, we must be vigilant about the potential for correction.
#4 News Headlines That Have Been Overhyped.
Often when the market is at its peak, news headlines will be variously optimistic and provide unrealistic bullish targets. That is when we must be cautious when many major journalists feel that Bitcoin will continue to rise: then it is the best time to be wary.
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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Szerovip
· 6h ago
thank you so much 😊
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SunshineNvip
· 8h ago
Good morning 🙏 🌄 ☺️ 💓 🍵 ☕️
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Ybaservip
· 10h ago
Hold on tight, To da moon 🛫Hold on tight, To da moon 🛫
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