Secrets of the crypto world, mastering one can unlock a path to wealth; one trick can truly conquer all.
1. The longer the sideways movement, the higher the rise; the longer it consolidates, the higher it will go.
Sideways consolidation + is a sign of bottom accumulation, and the more chips accumulated, the greater the ambition.
During the sideways accumulation phase, the oscillation is a strong accumulation phase, characterized by shaking out +, which means fluctuating up and down, simple and brutal, yet always effective.
2. If it suddenly drops while moving sideways, it will be a small drop, and after the drop, it must rise. If it suddenly rises while moving sideways, it will be a small rise, and after the rise, it must drop.
3. If it doesn't create a new low, it will soon rise; if it doesn't create a new high, it’s not good.
Not creating a new low indicates that major players are continuously buying in, signaling a bottom is near; not creating a new high suggests that the big players are secretly offloading, which is very concerning.
4. When the volume reaches a sesame point, a low will lead to a big rise, and a high will lead to a big drop.
At the sesame point, the volume is in a wait-and-see mode, with no one buying or selling; either everyone is holding onto their chips waiting for a rise, or the big players have run out of chips waiting for a drop.
5. After a shallow drop at the peak, it will probe again; after a rebound at the bottom, it will test the bottom again.
Probing again means the major players are offloading their remaining stock, while testing the bottom again is to gather the chips shaken out at the bottom.