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First of all, I would like to thank our professor
@stream4u for his valuable remarks. Got it a home work long time later today. I still like Professor @stream4u homework. And every time I try to present homework the professor nicely. I try my best to give my best. Today is our homework about price forecasting.

Question 1 and 2

What Is Price Forecasting? Discuss on why Price Forecasting is needed?

• If you decide to invest in something and predict its price in advance, there may not be anything better than this. And very simply if we want to analyze it then the main meaning of it stands in front of us that by applying a strategy of predicting something name investors can predict the future value of his property. And it clearly states that if the prices of the products change over time, they are sent to the investors as the reasons for the forecast. Technically we apply the uses of the index to the market and sentimentally we trade on the basis of emotion and collect any information or news from the domain. And according to a very simple principle we have found the price forecast in the cryptocurrency village in two main categories such as can be descriptive or predictive. This means that the tools we collect where we invest data use some of the future and current results in advance. Those who are involved in trading will be able to easily know the price forecast through ABC seats. And this forecasting is a method by which an investor gets a clear view of market trends. Here is a basic idea of ​​when a person will enter the market and when he will leave the market. And in this case it is very important to know the price forecast in trading. Predicting personality trading is impossible and can be detrimental to an investor. If you do not know the direction of the market before investing, you will not be able to get out of any position. Before investing in cryptocurrency or other assets, one must analyze that market and then buy the assets according to that analysis and enter the market. Investors have to analyze in advance when the market price goes down or up or down. It allows investors to know in advance when to enter for a profit and when to sell their assets. Which is why it is important to analyze the price forecast in advance in case of trading.

3. What Methods are best you feel for Price Prediction/Forecasting.

We have discussed the first and second questions as price predictions. And we've got some idea of ​​how important it is to know the price forecast. Now we will know that price forecasting is mainly used in three ways. These methods are: technical analysis, fundamental analysis and sensitive analysis. These three methods are very important for name prediction. However, I prefer this method of technical analysis. I would also like to discuss three methods.

1. Technical Analysis:

• Technical Analysis is an important method by which investors can get some idea of ​​the value of an asset in advance. It is very important to use Technical Analysis method for project entry and exit or position in the project and many other factors considering price structure and current price increase or decrease in price over time. And investors use the chart pattern for themselves. And technical analysis helps us in various indices. Technical Analysis The moving averages and chart analysis, price increases and decreases are all found in the technical analysis. Love is where you invest in a business where you buy and sell assets. All of this is called technical analysis. But of course you don't have to choose the one that works best for you and the one that works best for you.

1. Fundamental Analysis.

• The Fundamental Analysis is that it can be evaluated more deeply when it comes to verifying the effectiveness of an acid company than the past or present price of a property. And crypto assets by comparing them somewhat with the white paper of the property and current performance to see the group to which the property is transferred on the basis of mind analysis. Through fundamental analysis investors need to know the financial condition of the company and the goals of the company’s asset market supply project and how to know the current performance of the property and work to see if it is consistent. And fundamental analysis investors look at patterns. Traders evaluate the market by the factors that can affect the market in this way. Through fundamental analysis of the financial statements of the property and many more factors the traders themselves can influence the future price of the property. The bottom line is that traders can influence the future value of assets for any change in management.

1. Sentimental Analysis.

• And the latest method is sentimental analysis. The main medium of analysis is market analysis based on the discussion of traders through any news media and other forums. Such analysis can lead to panic in the media. And some unscrupulous traders try to take advantage of this situation. Such a situation creates a lot of instability among investors and can have a positive or positive effect. In that situation traders can make more money in a very short time and in this situation the market moves very fast. Whether it is positive or negative a person then tries to understand some of the feelings of this business. Or I could say that this method is based on the ideas of different people in the world. This method can usually be technical or is used through basic analysis. This method acts as a very important helper for market analysis.

4. Take any Crypto Asset Chart graph and explain how to do Price Forecasting? OR Take any Crypto Assets Chart graph & as per its current price tell us what will be its future price for next 1 week or 1 month? You can predict for any direction up or down but explain it properly on what basis you have predicted the price.

I am choosing ADA(Cardano) to do the price prediction.In the screenshot you can see it is making a red candle on the 4 hour chart. It has been above the resistance for the last 4 hours. And its price is 1.5$ above, and now the screenshot shows 1.92 $, it is understood that the price has been going down since last week. Since it is possible to make predictions by cryptocurrency technical analysis, I think it will be between 1.08$ to 1.18$ next week if the market goes stable.

conclusion

I like two of these methods very much. One is the fundamental method and the other is the technical analysis. With these two methods, investors can easily know the price of the asset very easily. And it is very important to know the price forecast of the asset because it allows you to communicate with the forecaster in the right way in the right way and considering the methods you will use. Basically considering which method you can get the most out of the relationship market. These are just some of the goal setting shareware that you can use. Of course I think it is important to know in advance which way you are investing your capital. In this case, the technical analysis is likely to work well. And I think you can do another good job so analyze well before doing anything.

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Thanks to @stream4u

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