I have been in the cryptocurrency circle for almost five years. This is a little experience I have summarized in the past few years. It is all practical. You can remember and learn.
1️⃣ If the amount of funds is not large, for example, within 200,000, it is enough to catch a major rising market every year, and don't always operate with a full position.
2️⃣ The money you earn will not exceed the scope of your cognition. Practice with a simulated account first to cultivate a real mentality and courage. Simulations can fail repeatedly, but a failure in real operations may lose everything, or even stay away from the market forever.
3️⃣ When there is major good news, if you don't sell it on the same day, you must sell it when it opens high the next day, because the realization of good news often means bad news.
4️⃣ One week before major holidays, you should gradually reduce or even clear your positions, because holidays usually cause the market to fall.
5️⃣ The core of the medium and long-term strategy is to keep enough cash. Sell when it rises and buy back when it falls. Rolling operations can better cope with market fluctuations.
6️⃣ Short-term trading should focus on trading volume and price graphics. Targets with large fluctuations and activeness can be operated, but those that are dull should not be touched.
7️⃣ When the decline is slow, the rebound will also be slow; when the decline accelerates, the rebound will usually be faster.
8️⃣ If you buy the wrong one, you must decisively admit the mistake and stop the loss in time. Keeping the principal is the key to survival.
9️⃣ When operating in the short term, you must refer to the 15-minute K-line chart and combine the KDJ indicator to find the right buying and selling points.
🔟 There are many techniques and methods for speculating in coins, but it is enough to master only a few of them. Don't be greedy for more.
Pay attention to position 183 at night; only if it stands firmly above this position can we expect a rebound on the hourly level. The resistance/target levels to watch are near 187.8-193.9-197.3!
If the rebound at night cannot stand above position 183, it indicates that this rebound is relatively weak, and we will continue to fall. The support levels to watch are near 178.9-175.5-171.7!
Short-term contracts require constant vigilance against major sell-offs, especially in high sell-off zones near important price levels. To guard against rapid declines, set a cost price stop-loss around 25% for relative safety. As long as the market price drops to near the cost price, promptly reduce positions by 25%, and then buy back near the support below.
When the market is good, after each profit-taking, keep 20-30% of the position to chase new highs. Regularly lock in 70-80% of profits to secure gains, letting small losses go.
After SOL touched the first support level at night, it started a small rebound. Today, pay attention to the position of 181.7; only if it holds above this level will the 1-hour level rebound. The targets/resistance levels above to watch are around 188.7-196.2-201.6!
If today the 1-hour level cannot hold above 181.7, it indicates that the rebound lacks strength and will continue to decline. The support levels below to watch are around 175.5-166.3-157.6!
After ETH's nighttime insertion near the first support level, there has been a minor rebound starting. Today, pay attention to the level of 3387. Only if it stays above this level will there be a rebound in the 1-2-4 hour levels. The upper target/resistance levels to watch are around 3440-3488-3550!
If the 4-hour level cannot stay above 3387 today, it indicates that the rebound lacks strength and will continue to decline. The lower support levels to watch are around 3295-3240-3200!
SOL had a 4-hour level rebound today. Pay attention to the position of 191 during the night. As long as the 1-2-4 hour levels stabilize above this position, this level's pullback will be over, and the market will start to rise. The upper target/resistance levels to watch are around 196.2-201.6!
If the 4-hour level does not rise above the position of 191 during the night, then this 4-hour level rebound will fail and the market will turn bearish. The lower support levels to watch are around 183.2-175.5-166.3!
The squirrel's rebound is also quite good, 0.5-0.7 is the low absorption range this time, and when it reaches this range, it can be absorbed at a low price. If this rebound goes smoothly, it is very likely to reach around 1.
The pancake broke through the resistance zone mentioned this morning. Next, we will look at the previous key level around 102500 for long positions. Surprisingly, the weekend market is still so strong. We can see that the market is moving up and down very quickly now. Try to trade futures as little as possible. Many popular cryptocurrencies have pulled back quite a bit, so it’s better to buy the dips in spot trading and wait for a rebound.
AVAX Drops 29% in a Week: Will These Factors Trigger a Price Reversal?
The price of Avalanche [AVAX] has dropped by 14.05% in the last 24 hours, with the weekly decline expanding to 29.12%. Despite this bearish trend, a shift in market sentiment may be imminent. According to AMBCrypto, whale activity seems to be intensifying, which could push AVAX into a new market phase. The increase in the number of addresses indicates growing market interest. With both active addresses (AA) and new addresses (NA) surging simultaneously, interest in AVAX is on the rise. In the past seven days, AA increased by 44.50%, suggesting an uptick in trading volume among existing participants. Meanwhile, NA surged by 142.90%, indicating that the adoption rate of AVAX is continuously rising, possibly due to new market entrants finding the asset attractive.
SOL is currently in a high-level consolidation area after a 1/2 hour rebound. Pay attention to the 190 position today. As long as the price stays above this level on the 1/2 hour chart, the rebound trend remains. The upper target/resistance levels to watch are around 197.9-204.5-210.5!
If the price falls below 190 today, then the 1/2 hour rebound ends and the market turns bearish. The support levels to watch below are around 183.4-175.5-166.3!
Many people still do not understand what zen means. Grayscale has bought 300,000 in three days, showing no signs of stopping, but the total amount of zen is the same as btc.
Zen at 1000u is only one-thousandth of btc. With Grayscale continuously buying, the chips will soon be reluctant to sell, entering a phase of crazy bidding, where there are no sell orders, only buy orders.
Zen is an incredibly certain big opportunity recently, without exception. A 50x increase is not just talk; it really has the potential to happen.
SOL is currently rebounding at the 1-hour level. Pay attention to the position of 186.2 at night. As long as it stands above this position for 1 hour, it will continue to rebound upward. Pay attention to the upper target/pressure level near 191.3-197.5-204.5! If it falls below 186.2 at night, the 1-hour level rebound fails and the market turns bearish. If it continues to fall, pay attention to the support level below 182-175.5-166.3!
The currency circle "slow rise and sharp fall", how will it usually go in the future? Generally, it appears in the rebound or trend reversal rising stage, which is a typical bull market wash-out technique. A coin has finally risen for a few days, and suddenly fell sharply in one day. The rise of a few days is not enough to fall in one day. In this way, most novices and those with poor tolerance have handed over their chips obediently; After the decline stops and stabilizes, it will start to rise slowly. Generally, the stock price will hit a new high again. When it reaches a certain height and there are many follow-up orders, the main funds will repeat the old trick again and kill the car on the way up. Generally, this kind of decline is characterized by fast speed and short time. Sometimes in just a few days, the market will fall by 5%-10%, and sometimes it will be 15%-20% for a long time; but generally it will be adjusted to the maximum limit with important support lines. Finally: Do you have anything to say to Powell?
1. BTC just fell slightly, ETH and altcoins began to avalanche, BTC.D also rose sharply, this will be the last wave of BTC.D's rise, next year ETH and altcoins will usher in spring
2. BTC has certain support around 9500, ETH has certain support around 3350, and has the ability to rebound
3. BTC will enter a correction of several months and more than 20% after each doubling. From this point of view, the correction is not over yet
usual: RWA plus DEFI sector, good coins will always be strong, let's see if RWA can be brought up.
Is Iotx the leader? Will it reach a new high: The leader of the Internet of Things, but this concept has not been interesting in recent years
Is kaia suitable for the big market next year: 0.2 short-term support, if the chips are low, you can hold it without any problem
What does pepe think: 14-15 is the support point of the daily rising trend, and the probability of stabilizing at this position in the later period is relatively high
What does vana think: Let's see if the bottom can be formed here. Now the market sentiment and the market are not very good, so we can only wait for a certain opportunity to enter.
algo: I personally think that he will continue his old turtle journey in the future. After so many years, he has only been awesome for this wave.
Is Chr at the bottom: This coin is not hot, and it is also following the crowd, without any special trend.
Can you still hold Dym: If you haven't left here, continue to hold it. It is supported by the big cycle pattern. Wait for the shock to rise later.
How about celr: The second layer, there is nothing to say about this coin, just follow the crowd and copycat