Understand these rules and you can easily get 100 times the profit in the currency circle without losing money!
Price breaks through the key line, don't miss the short-term opportunity
Explanation: Once the price breaks through a certain important support or resistance level, there may be a short-term trading opportunity. Don't hesitate and grab it quickly.
There is a callback after a big rise, don't rush to buy high
Explanation: After a big rise in prices, there will often be a callback process. At this time, don't rush to buy high coins, you have to keep it stable.
The price of the coin has risen but the volume has not increased. The main force may be cheating people
Explanation: If the price goes up, but the trading volume has not moved much, it may be that the main force is playing tricks and wants to attract retail investors to be fooled. You have to open your eyes.
Don't panic if there are few transactions in a sharp drop, and retreat if there are more transactions in a slow drop
Explanation: When the price drops sharply but the trading volume is small, don't be anxious first; if the price falls slowly and the trading volume is getting bigger and bigger, you have to retreat quickly.
When the main rise is accelerated, it may be about to reach the top
Explanation: When the price rises rapidly, it is likely to reach the top. You must pay attention to the top signal in advance and be prepared.
Don't chase high when buying coins, and sell them after a pullback
Explanation: When buying coins, don't wait until the price has risen very high before buying, as the risk is too great. It is best to wait for it to pull back a little and buy it when the price is relatively reasonable.
You have to look at both the daily and weekly charts, and the main trend is the key
Explanation: When looking at price trends, don't just look at the daily chart, but also combine it with the weekly chart or even the trend chart for a longer period of time, so that you can better grasp the main trend and market trends.
Don't panic when the price rises or falls slightly, and be vigilant when it rises sharply
Explanation: When the price rises or falls slightly, don't worry too much; but if the price rises sharply continuously, you have to be vigilant and don't be overwhelmed by the enthusiasm of the market
When the price reaches a new low and the volume shrinks, it may be a bottom; when the transaction volume rebounds and the price rises, it is a good time to enter the market.
Explanation: When the price falls to a new low and the transaction volume is also shrinking, it may be a bottom; when the transaction volume starts to rebound and the price starts to rise, it is a good time to enter the market.
