Five Iron Rules for Trading Coins, Must Read!
If it rises quickly and falls slowly, then the big player is quietly accumulating
If a certain cryptocurrency skyrockets but then falls back slowly, you need to be cautious; this likely means the big player is secretly collecting chips, preparing for another surge.
If it falls quickly and rises slowly, the big player may be unloading
Conversely, if the coin price suddenly plummets and then recovers slowly, this may indicate that the big player is gradually selling off, and we need to be careful as the market may be entering a downtrend.
Large volume at the top, don’t rush to sell; no volume at the top, withdraw quickly
If the coin price reaches its peak and the trading volume is still particularly large, there may still be room for an upward move; however, if the volume decreases, it indicates insufficient upward momentum, and it’s time to run.
Large volume at the bottom, don’t rush to buy; continuous volume increase, consider buying
If the coin price drops to its lowest point and the trading volume suddenly increases, don’t rush; this may be a temporary rebound during the downtrend, and we need to observe further. But if the volume remains high, it indicates that someone is continuously buying in, which could be a good time to enter.
Trading coins is about trading people's sentiments; consensus is the buying and selling power
Trading coins is essentially trading everyone's emotions; market sentiment dictates the rise and fall of coin prices. And trading volume reflects the consensus reached among participants, mirroring investors' buying and selling behavior.
Recently, I plan to ambush a potential coin that is ready to explode; doubling is quite simple, and I also plan to find some potential coins to hold until the end of the year, with an expected upside of over 10 times being no problem, but spots are limited! If you want to join, like + leave a message.
