Cryptocurrency Trading's Four Great Techniques
Everyone knows that technical analysis includes fundamentals and technical aspects, where the technical aspect refers to the technical indicators, trend patterns, and candlestick combinations that reflect market changes. The techniques to be discussed below are related to the technical aspect.
1. The Secret of Pursuing Strong Cryptocurrencies
This is a method that the vast majority of retail investors and new entrants are keen to pursue, with three common methods: chasing cryptocurrencies that are experiencing explosive growth in a strong background, buying large orders of cryptocurrencies that are rising at the end of a strong market, and focusing on strong cryptocurrencies that have consistently high trading volumes at low positions.
2. The Secret of Rebounding from Overselling
This is an operational method favored by some investors, primarily selecting those cryptocurrencies that have been continuously declining or have built a support platform after a 50% drop, and are starting to strengthen again after further declines.
3. The Secret of Technical Indicators
Some small to medium-sized funds obsessed with technology prefer this method. The three most commonly used technical indicators are: the tower line for strong bullish cryptocurrencies, the psychological line for weak market cryptocurrencies (for oversold cryptocurrencies), and the dual MACD that considers market volume.
4. The Secret of Classic Patterns
This is a commonly used method by large investors in conjunction with fundamentals and thematic aspects. The most commonly used classic patterns include: low-position cryptocurrencies with secondary volume increase, initial bullish cryptocurrencies that are supported by the 30-day moving average during pullbacks, strong cryptocurrencies that break through bottom box patterns, and cryptocurrencies that move in sync or lag slightly behind the overall market patterns. All of these are based on sufficient trading volume in the market.
The four great techniques mentioned above should strengthen one's learning, using these four points as four entry points. Use personal practice to refresh one's understanding of technical expertise.
More importantly, through this series of methods and techniques, continuously learn and summarize to carve out one's own investment path.
Any investment technique and technical analysis ultimately hinges on the decision-making power of the investor themselves, and the resulting investment outcomes also depend on the investor.
A successful investor should be resilient and calm amidst the waves. When opportunities arise, act decisively and swiftly, and exit promptly when profits are secured. Like a wolf, strike decisively and seize the prey. #bnb创历史新高