To trade in the cryptocurrency circle, you must know the five basic laws. It is recommended to read them.
If you understand, you will get the secret book!
1. If the price rises quickly but falls slowly, it means that the dealer is accumulating chips and preparing for the next round of rise.
2. If the price falls quickly but rises slowly, it means that the dealer is gradually selling.
If the price falls quickly but rises slowly, it means that the dealer is gradually selling and the market is about to enter a falling cycle.
3. Don't sell if the volume at the top is large, and run away if there is no volume at the top.
If the volume at the top is large, it may continue to rise;
But if the volume at the top shrinks, it means that the momentum of the rise is insufficient, and you should leave the market as soon as possible.
4. Don't buy if the volume at the bottom is large, but you can buy if the volume continues to increase. The volume at the bottom may be a relay of decline, which needs to be observed;
If the volume continues to increase, it means that funds are constantly entering, and you can consider buying.
5. Speculation in cryptocurrencies is speculation in emotions, and consensus is trading volume. Market sentiment determines the fluctuation of currency prices, and trading volume reflects market consensus and investor behavior! 6. Nothing is equal to everything.
