Treasure summary, waiting for the destined person to discover:
1. A bullish phase occurs after a low position or a golden cross on the daily line.
2. A bearish phase occurs after a high position or a death cross on the daily line.
Adhering to these two points will ensure stable profits in short and ultra-short positions; otherwise, even if you have a stop-loss, you will face consecutive losses and ultimately risk liquidation.
Whether it’s moving averages, Bollinger Bands, MACD, KDJ, SAR, RSI, VOL, or trend lines, I understand all of these, and I use them daily. I analyze from minute charts to monthly charts, and Bollinger Bands, MACD, and moving averages are quite useful, while others serve as supplements. Some indicators can even be misleading, which is a primary reason analysts lose money; they can be deceptive. If you take overbought or oversold too seriously, you will lose.
At least doing long trades after a golden cross on the hourly chart is safer.
I have found that most people in the square have misconceptions about the liquidation chart. Furthermore, the liquidation chart can only serve as an aid to estimate how far the fuel can support.
Most news leads to bearish sentiments.
Do not hold both long and short positions in a one-way market.
After a new coin drops, do not go long on a golden cross on the 4-hour line; it’s highly likely to deceive those who understand indicators, followed by a false rally and then a continued drop. Even the golden cross at the daily low should be accompanied by a stop-loss.
It is essential to maintain a good mindset and avoid frequently chasing highs and cutting losses. Be sure to wait for positions to open at peaks or troughs where stop-losses can be minimized; otherwise, no matter how skilled you are, you will incur significant losses.
The more you know, the easier it is to panic, fearing this and that, which prevents you from holding and utilizing your strengths. U.S. stocks and news can have an impact but cannot determine the original trend of Bitcoin.
Bitcoin is often the coin that falls the hardest most of the time; with fluctuations of over ten percent plus high leverage, it’s easy to face liquidation. Sometimes, while the chart appears bearish, it may give you a false spike before dropping again. Clear out the short positions before reversing to long. Without stable operations or ample free time, do not look at the square to engage in ultra-short Bitcoin trades along with others. At least operate at the daily line level.
To stabilize, focus only on mainstream coins and altcoins you are familiar with. Avoid opening multiple high-leverage positions simultaneously; otherwise, a sudden surge can lead to disaster and impact your operations negatively.
If you can truly understand what I’ve mentioned above and delve into it, you will be ahead of 99% of the people in the square. You won’t need to look at their posts or most of the misleading posts, as you will be the expert yourself.
In the crypto world, losses can be heart-wrenching; I hope it can help you reach the shore early and realize your dreams.
At 9 AM, the market value was 15 million, just 3 hours after going on the foreign market, and the ave has also included it (there are too many such coins that are not included and reach a peak market value of 10 to 20 million before starting to drop). After 8 hours, it increased to 5 times. The transaction volume was several million US dollars per hour.
When you saw the market value of 15 million in the morning, would you dare to invest?
What coins should I grab to make money in the primary market? 1. Current hot spots, memes 2. Large flow of people and large hourly capital flow 3. Low market value, preferably within a few hours of listing on the foreign market A combination of the above (excluding unlisted coins, this is the key point) $BTC
$BTC Sure enough, it is just as I thought. As long as you see unrealistic hard pulls, it is purely the dealer who is making trouble.
The number of US unemployment benefits released last night was bad news, but it went up. I saw that the main funds at that time were always shipping in large quantities but could not suppress it. 61100 is also a point that can clear most of the shorts, and it is also the top of the daily moving average rebound.
It is just a rebound. The previous two times when the daily moving average crosses directly fell from around 70,000 to around 50,000 can be used as a reference.
$BTC After a few months, I found a coin that has performed well most of the time following the rise and fall of Bitcoin. It was nearly doubled last time, and even more than doubled this time. This means that if you want to copycat, you just need to focus on it every time Bitcoin rises and falls.
I have done several waves this round. This time I will try to lock the position at the high point when it rebounds and close the long position to get another short position at the low point of the daily line
$BTC There are not enough short orders above, and the short order fuel can only support that position, resulting in multiple failures to break through.
You can only wash down and clear most of the long orders to reduce the amount of fuel, so the distance that can be supported will be further improved.
The bottom first looks at 62500. After falling to the right place, it is necessary to further calculate the upper forward space and whether the bottom will continue to move down (the top is temporarily set at 65700). If it cannot effectively fall to the bottom, the top will not change much, that is, it will oscillate back and forth in a range.
The weekly top is 70,000, but it needs a callback to adjust. Both rise and fall require sufficient fuel. The middle part of the top and bottom is a risky transaction.
The new coin dogs rose nearly twice since Binance announced the listing, and then fell back. Now other platforms have reached 0.00212 Looking back at the previous banana, it was maintained near the top before listing, and it was still near the top after listing and then fell directly. The opening inflow of funds is the bottom of the new coins, and the previous new coins
The conclusion is that from the release of the listing news to the listing of the old coin, 2 times should be regarded as its top. This product is twice at 0.0032. The safest starting stage is to buy it directly after the listing news is released and sell it directly at around 2 times
The current circulating market value is 1 billion to 1.1 billion US dollars
$BTC The tia and wif that were released before have both risen. Before the interest rate cut, the copycats took advantage of this momentum to start a rebound, and some of them reached the weekly high, and some of them reached the monthly high, and they were pulled directly to the end. I have also been paying attention to the market.
These two products have not reached the weekly high, and it is more difficult to pull the market with contracts, because there needs to be enough short-order fuel. The same is true for Bitcoin, otherwise the long positions will be automatically reduced or closed. The performance on the market is that it will be smashed when it is pulled to that position. For example, Bitcoin hit 65,000 and plummeted twice. This is the contract mechanism.
It's the weekend again. Americans go out to have fun on weekends. The volume of Bitcoin continues to decline. This is the case almost every weekend. The market of Bitcoin will be very slow. Copycats are different.
$BTC The trend is starting to go against you again The number of US unemployment benefits will be released at 20:30 The price of Bitcoin is always affected by news It should have continued to fall, but it kept going up, and then continued to go up until the time
If you want to go short, pay attention to around 61900, and if it goes down, look at around 58700
Don't go long now, so as not to suffer losses from the suspension of price increase
Don’t go long when the price is about to reach the top, it may stop rising and rebound
Don’t go short when the price is about to fall to the bottom, it may stop falling and rebound
If you still make mistakes, it is easy to cause the subsequent operations to be killed by both long and short positions, and being too greedy will easily lead to losses.
It is not easy to make mistakes in one direction, but it is easier to make mistakes in two directions. You have to weigh your own weight, whether your mentality can keep up, and whether your thinking is clear, otherwise you will be easily fooled by the slightest disturbance.
Traders with certain trading experience often lock positions, but they don’t know that this will increase the difficulty of trading, and they will lose more when they lose money. A more advanced approach is to set a stop loss at the right position to go long or short.
$BTC It just leaked to the edge of the 4-hour low, and it was still going down and wanted to pull it up, but it ended up getting hit hard, and the 4-hour line closed with a golden cross and then immediately a dead cross.
$BTC Can you make money steadily in the cryptocurrency circle? The answer is: Yes, provided that you do not chase those skyrocketing coins with a 24-hour turnover of less than 20 million USD, and then use the mainstream coin technology in conjunction with the liquidation chart to operate.
Take h**k, which had a very good trend before, for example. It was originally going to continue to rise after a correction, but its larger buy orders were fake orders. Every time it fell to the buy order, it went straight down. If you look at the K-line, there is no actual volume, not even one-tenth of it. Moreover, this buy order can move and change with the decline after being penetrated, creating false support. Regardless of the exchange, this situation is very common in cottages, so remember not to chase the rise or fall of skyrocketing coins with a 24-hour turnover of less than 20 million USD. The dealer operates the band in full.
Finally, today's big cake will rise again if it stands firmly near 58,000. Stop loss should be set to prevent abnormal changes. I advocate that you hone your trading skills by yourself.