At present, the second half of the bull market is coming, and opportunities and risks coexist. You might as well study and apply the following "Top Ten Trading Tips" carefully. These tips are a summary of my many years of experience, and may help you seize more opportunities in the bull market.
1. Sideways consolidation, test your patience
The sideways consolidation stage is a great test of patience, but if you stick to it, you will often have unexpected gains. Of course, the high sideways consolidation after it has risen several times is an exception, which may be the main force shipping.
2. Buying point after breaking through the moving average with large volume
When the price of the currency breaks through a certain moving average with large volume, if it can stay above the moving average when the volume shrinks, it is a good buying point.
3. Opportunities for leading currencies in the sector
When the leading currencies in the sector fall, it actually gives you an excellent buying opportunity.
4. Gap attack, strong force
Currencies with gap attack usually have very strong upward momentum. If the gap is not broken after the retracement, it will continue to rise in the future.
5. The trap of currency speculation
Some currencies have been speculated more than ten times, and they are still rising continuously and without volume. Don't be confused. It is often the main force's self-directed performance, and it may collapse at any time.
6. Hold the currency in the bull market
In the bull market, there are many people who do not make money. The problem is that you can't hold the currency all the time. The core strategy of the bull market is: hold the currency and wait for the rise.
7. Top characteristics
No top will be a peak, at least there will be a double top, which is one of the basic principles of Dow Theory.
8. MACD buying point
In the bull market, the DIF of MACD tests the 0 axis downward but does not break the 0 axis. The situation of returning to the 0 axis is a buying point.
9. 120-day line long arrangement
When the 120-day line is in a long arrangement, if the trend line turns up, buy decisively at a low point, and the accuracy rate is very high.
10. Opportunities of continuous small positive lines
Coins with continuous small positive lines are worth paying attention to. This usually means that the main force is collecting chips and has great potential in the future market.
In summary, the success of cryptocurrency trading lies in persistence and strategy. In the second half of the bull market, there are many opportunities, but they are also accompanied by risks. I hope the above "top ten tips" can provide some guidance for your investment path. I wish everyone can win a big victory in the bull market and achieve a leap in wealth!
If you have been losing money and don’t know what to do, please see my introduction! !