Many novices lack respect for the market when entering the cryptocurrency market. They do not understand the operation strategies of traders, are not familiar with various market indicators, and blindly follow the trend.
However, if you want to make a profit in the cryptocurrency market, you must have enough respect for the market and be fully prepared.
When choosing a cryptocurrency, the first consideration is the technical factors, because the technical aspects can intuitively reflect the market trend.
If the K-line trend of a cryptocurrency is not good, then its fundamentals are likely to be not optimistic, and you can pass it directly.
Secondly, pay attention to the trading volume. Cryptocurrencies with too small trading volume should be considered with caution.
Finally, it is necessary to observe whether the MACD and KDJ indicators form a golden cross resonance, so that the selection of cryptocurrencies can improve accuracy.
For example, cryptocurrencies with strong technical aspects and active trading such as ONDO are often popular choices for frequent main activities.
