Cryptocurrency Trading Guide: Tips for Buying the Dip and Selling the Top
1 Observe Trading Volume During Price Retracements: If the price retraces but trading volume does not decrease, it may continue to rise; if a new high is made but trading volume decreases, be cautious of a top signal.
2 Watch for Bottoming Patterns: Don't rush to enter after a prolonged low price; wait for a strong rebound after a second bottom test, as that is the right time to enter.
3 Don't Panic During Pullbacks: After a bottom consolidation, if the price rises and then falls, patiently wait for another rise; this may signal an imminent breakout.
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