When buying at the bottom or selling at the top, pay attention to the following key elements:
1. When the price of a currency rises and then falls back, but the trading volume has not decreased significantly, it shows that the market is still active and may continue to rise. However, if the price of a currency hits a new high and the trading volume decreases, it may mean that the market is about to peak and needs to be observed carefully.
2. When the price of a currency hovers at a low level for a long time, don't rush to buy. Observe whether it will test the bottom again and wait for a possible rebound. If this reversal is confirmed, it is an ideal time to buy.
3. If the price of a currency hovers at the bottom for a while, suddenly there is a shock, and then falls back, don't panic. Wait for the opportunity for it to hit again. This may be a real take-off signal, and the potential increase may be large.
4. When the price of a currency rises all the way and then begins to fluctuate horizontally, with frequent small fluctuations, you need to be vigilant. This may be the market trying to lure investors into the market, but in fact, risks have been accumulating in secret. Be sure to set a good stop loss line to avoid being locked in.
In general, before trading, be sure to set the key points for buying and selling, and set a stop loss line at the same time. This is a key strategy to protect investment funds.
Choosing coins is our strength, making money is just a side job, the password will be announced in my circle of good friends. Click my avatar to see my profile. Let's communicate together and get the password for free. Communication: BNB9976