Jifu's 100-coin plan (1/100):
One coin a day: $NEIRO:
This coin is a typical demon coin controlled by a strong dealer. If you observe the daily K-line chart, you can notice that this coin often rises sharply after falling for three days. The position of this decline is usually within the range of Fibonacci 0.382 to 0.618 of the previous rising band.
Similar coins to NEIRO include $TURBO, which are all demon coins controlled by strong dealers. For this type of coin, you can't just look at the small-level trend, because the small-level will give you a lot of misleading signals, inducing you to go long or short in various ways. You should look at the daily and three-day level trends.
Of course, for a coin like NEIRO, its pattern of skyrocketing after falling for three days cannot continue. In fact, the trend of TURBO is also very different from the early days. But there is one characteristic of strong banker coins that remains unchanged, that is, the banker will eventually raise the price to ship, because the banker has this ability. For us, what we need to do is to find the bottom. For example, if the bottom of TURBO is 30, then when the price returns to 30, just buy it, or establish a small multiple of the contract long order at that position.
The current rule of NEIRO's surge after falling for three days will not always be effective, and it may not appear next time. At that time, you need to wait patiently to find a new bottom.
In addition, strong banker coins raise prices in order to ship. When this kind of coin shows a trend turning point, you can consider entering the market to arrange short orders. But the stop loss should be set larger, because the banker may intermittently raise the price to trigger the stop loss during the decline, hunting those investors who set the stop loss.
