Summarizing 11 market rules and mindset principles to help you navigate the cryptocurrency market with ease!
1. Trend Reversal Signal: In a downtrend, if there are more than 3 consecutive bullish candles rebounding, or in an uptrend, if there are no more than 3 consecutive bearish candles, it serves as an early warning signal for a trend reversal.
2. Breakthrough Guidance in Volatile Markets: In a volatile market, a period of rising volume and stable prices usually accompanies a major breakthrough. Buy on dips and wait for two bullish volumes to exceed the previous bearish volume to enter early.
3. Holding Strategy: Strong coin holding strategy, simple and straightforward; as long as the daily line does not break the upward moving average, keep holding, ignore technical indicators, and avoid being influenced by high-position dullness.
4. K-Line Combination Interpretation: A medium bullish candle paired with two doji candlestick patterns usually indicates a bullish continuation, which is a typical upward trend pattern for strong coins.
5. Market Anomalies: The market often proves that the majority's opinions are wrong; the smoke released by the main force and market tops often appear when people are unanimously optimistic.
6. KDJ Indicator Signal: When encountering consecutive large bearish candles, if the KDJ's J line is less than -12, it indicates a short-term rebound is imminent; it is advisable to wait for the rebound before making judgments.
7. Breakout Bullish Candle Characteristics: When breaking upward, a bullish candle turnover rate around 8% is a healthy attack volume; too large or too small may trigger a pullback.
8. Resilient Mindset: When trading isn’t going well, remain calm, endure the pain of rebirth, and you will welcome the beauty of renewal.
9. Risk Control: Avoid being fully invested; leave some margin. The market carries risks, so act cautiously and leave yourself room to correct mistakes.
10. Emotion Regulation: Maintain a proper mindset, treat market fluctuations calmly and rationally, and avoid letting emotions affect decision-making.
11. Learning Exchange: Do not isolate yourself, communicate and share with others. Even incorrect opinions are part of growth; progress together.