Ten classic tips for trading cryptocurrencies:
1. Climb upward in the morning in a volatile manner, and then sprint in the afternoon; waves 1, 3, and 5 are upward, and the third wave is a big rally. The three waves started on the first day, so be brave and strategic, and dare to place a heavy bet.
2. Don’t be too nostalgic for unpopular coins, and run away quickly if there is no volume increase; if there is a little red in the green, you can consider building a position, and don’t be afraid if the volume shrinks, but you have to escape if there is price but no volume.
3. If the high position is sideways and then rises, seize the opportunity to sell it quickly; if the low position is sideways and hits a new low, the time to enter the market with a full position has come; if the price rises and the volume rises, buy it boldly.
4. Experts choose sectors, second-rate choose currencies, third-rate look at indicators, and the last kind is a gambler.
5. After a big rise, there must be adjustments, and the K-line draws a triangle for a few days; the upward trend depends on support, and the downward trend depends on resistance.
6. Buy up, not down, sell down, not up, and follow the trend to be a hero.
7. Sell when the market breaks, reduce positions when the volume drops, and never trade when the market falls.
8. The big cake with a gap and upward attack is very powerful. If the correction does not break the gap, it will continue to rise.
9. If the weekly line is flat, the bear market is coming; if the weekly line is upward, buy when the correction occurs.
10. If the decline slows down, the rebound will also be slow; if the decline accelerates, the rebound will also be fast.
