How I Achieved Financial Freedom with a Simple and Effective Trading Strategy
In just one year, I made $500,000 in profits from a starting capital of $500, all thanks to the straightforward trading strategy I have been following for the past five years.
What is the secret to my success? Self-discipline and pattern recognition. I will never easily enter a trade if the conditions are not ripe. Here is a detailed explanation of my trading strategy:
Sharp rise and slow fall = accumulation of power to rise
When a certain cryptocurrency suddenly surges and then gradually falls back, it is usually a signal that big investors are quietly accumulating chips. They are preparing for the next big rise. As they quietly build positions, the market is also accumulating momentum for the next round of rise. At this time, you need to pay close attention to market dynamics, be prepared, and wait for the best entry time.
Sharp fall and slow rise = selling signal
On the contrary, if the price falls quickly and then slowly recovers, it may mean that major players are selling their chips. They gradually reduce their positions as the market slowly recovers. This is usually a precursor to further declines, so it is best to wait and see at this time until a clearer trend emerges before entering the trade.
High volume at the high? Hold on. Low volume? Get out!
If the price reaches a high with significantly higher volume, this may mean that the rally still has some momentum. At this point, don't rush to sell. However, if you see that the price is at a high level and the volume is decreasing, be alert. The lack of upward momentum means you should exit the trade quickly to avoid heavy losses when the market reverses.
Volume surge at the bottom? Wait for confirmation.
If there is a single volume surge at the bottom, it does not necessarily mean that it is time to buy. It can often indicate that greater selling pressure is coming. You need to see a sustained increase in volume. Sustained volume increases indicate that the market is stabilizing and preparing to rebound, and this is when it is safe to buy.
For the practical information of the cryptocurrency circle, click on the avatar to follow me, the deployment of the coin with 100 times the potential in the bull market, and the daily spot strategy!
