"Secrets" for buying the bottom and escaping the top in the currency circle: key points to remember
1. Coordinate volume and price to get a glimpse of the top and bottom
1. Observe the volume of rising callbacks: The currency price is correcting during the rise. If the trading volume does not shrink significantly, it is like firewood is still being added to the blazing fire. The market enthusiasm continues to "burn", and the subsequent upward trend is likely to continue. . On the contrary, when the currency price climbs to a new high, the trading volume "drops the chain" and does not increase but decreases. It is like a feast gradually dispersing and the guests leave. The top may be quietly approaching, so you need to be alert and tighten your heartstrings.
2. Wandering at low levels to find buying points: The currency price has been "pacing" at low levels for a long time. Don't rush to become a "takeover". Wait patiently for it to bottom out for the second time, just like a diver who dips into the depth and then quickly rebounds and floats up. Once such a reversal trend occurs, it is like the sound of a starting gun, which is an excellent "command signal" to buy. Entering the market at this time is expected to ride on the subsequent upward trend. "express train".
2. Breakthrough signals continue to rise and fall
1. Wait and see for the first breakthrough: After a long-term "dormant" at the bottom, the currency price "breaks out" upwards, but quickly fails and falls back to its original position. Don't be fooled by this "fake move". Sit firmly on the Diaoyutai and wait for it to make a second effort and break through upward again, then it may really start a substantial upward journey. By then, the increase will often be considerable, and the harvest period may be just around the corner.
2. Sideways fluctuation warning risk: After experiencing a sustained and rapid rise, the currency price entered sideways and started a small "shock dance" up and down. It seemed calm, but in fact there was an undercurrent. This is often a "gentle trap" carefully laid out by the market to attract investors. In fact, risks are quietly rolling in the dark like snowballs, accumulating. At this time, it is necessary to set up a stop-loss "safety net" to nip problems in the bud and avoid falling into a deep "quagmire". #BTC☀ #ETH🔥🔥🔥🔥