Sharing some insights on trading coins:
Price breaks through key line, don't miss short-term opportunities
Explanation: Once the price breaks through an important support or resistance level, there might be a short-term trading opportunity. Don't hesitate, grab it quickly.
After a big rise, there will be a correction, don't rush to buy at a high
Explanation: After a significant price increase, there's often a correction process. At this time, don't rush to chase high prices, stay calm.
If the price rises but the volume doesn't increase, the main force may be deceiving you
Explanation: If the price goes up but the trading volume hasn't changed much, it may be the main force playing tricks to attract retail investors, so keep your eyes wide open.
Don’t panic if there's little trading during a sharp drop; if the drop is gradual and trading volume increases, withdraw.
Explanation: When the price drops sharply but trading volume is low, don’t be in a hurry; if the price drops slowly and the trading volume increases, then it’s time to withdraw quickly.
During the main rise, if the speed increases, it may be nearing the top.
Explanation: When the price rises rapidly, it is likely to reach the top soon, so pay attention to the top signals and prepare.
Don’t chase high prices when buying in the market; wait for a correction before acting.
Explanation: When buying coins, don’t wait until the price has risen very high to buy, as the risk is too great. It's best to wait for a correction when the price is relatively reasonable.
Daily and weekly charts must be observed; the main force's movement is key.
Explanation: When looking at price trends, don’t just look at the daily chart; you should also consider the weekly chart or even longer-term charts to better grasp the main force's movements and market trends.
Don’t panic over small rises and falls; be cautious during significant increases.
Explanation: When prices fluctuate slightly, there’s no need to worry; but if prices continue to rise significantly, then you should be alert and not let the market’s enthusiasm cloud your judgment.
New price lows with shrinking volume may indicate a bottom: when trading volume recovers and prices rise, it’s a good time to enter.
Explanation: If the price falls to a new low and the trading volume is also shrinking, it may indicate that a bottom has been reached; when the trading volume starts to recover and prices begin to rise, that’s the right time to enter.
I am preparing to launch an amazing order!!!
Comment 168, get on board!!!
Uncertainty brings uncertainty brings uncertainty!!!
Important things must be said three times!!!