Master these cryptocurrency trading secrets to easily earn a hundredfold return!
1. Breakthrough key price levels, seize short-term opportunities immediately
When the coin price breaks through key support or resistance levels, it means a short-term opportunity has arrived! Don’t hesitate, get in quickly; the market changes rapidly, and seizing the moment is crucial.
2. After a big rise, there will be a pullback; remember not to chase the high
After a rapid price increase, the market often enters a pullback phase. At this time, don’t be impulsive and chase the high; maintain your composure and wait for the pullback to settle before considering entry—chasing highs is risky.
3. The coin price has risen, but the trading volume hasn’t followed? Beware of the main force “fooling” you
If the price rises but the trading volume hasn’t significantly increased, it’s likely that the main force is manipulating the market, trying to attract retail investors to follow suit. Stay alert and avoid falling into traps.
4. Don’t panic if the trading volume is low during a sharp drop; if the volume increases during a gradual drop, it’s time to retreat
When the price sharply declines and the trading volume is very low, don’t rush to act; observe for a while. However, if the downtrend intensifies and the trading volume continues to increase, quickly retreat! The more severe the drop, the more cautious you should be.
5. When prices skyrocket and speed increases, a top signal appears
When the coin price rises crazily and the speed increases, it often indicates that the peak is about to be reached. At this time, pay attention to the top signals and prepare to gradually exit.
6. Don’t chase highs when buying coins; enter again during pullbacks
Avoid jumping in when the price has already hit the ceiling. Wait for the market to pull back and enter when the price is more reasonable; this can effectively reduce risks and maximize profits.
7. Combine daily and weekly charts; clearly observe the main force's movements
To analyze the market, don’t just look at daily charts; also combine weekly charts and even longer-term trends. Only through multi-dimensional analysis can you grasp the main force's movements in the market and accurately predict market trends.
8. Don’t panic over small rises and falls; remain alert during large increases
When the market experiences small fluctuations, there’s no need to worry excessively. But if the price continues to rise sharply, be on high alert. Large increases often come with risks; don’t let short-term profits cloud your judgment.
9. New price lows with shrinking volume indicate a bottom signal; a resurgence in trading volume is a good time to enter
When the coin price drops to a new low and the trading volume gradually shrinks, it often indicates that a bottom is approaching. When the trading volume starts to recover and the coin price gradually rebounds, it’s the golden opportunity to enter the market.