I have been trading coins for 7 years, earning 15 million. If you want to change your destiny, you must try the coin circle. If you can't get rich in this circle, ordinary people will never have a chance in their lifetime. I believe that first and foremost, excellent traders must be patient to hold on to wealth! "Five is poor, six is bleak" is the same every year. According to cycle theory, which months can you trade coins in a year?
"Five is poor, six is bleak, and seven may not necessarily turn around." Every year from May to August, I am in cash.
So when is the right time to enter the coin trading market?
1. Enter the market at the end of September and clear positions at the end of November.
2. Enter the market before the Spring Festival and clear positions in April.
3. Execute the above two iron rules, of course, excluding certain small-cap coins where the main players are playing.
Four, next, learn how to find hundred-fold coins, combined with a bull market, that means getting rich.
Many coin friends ask Hui Ge about trading tips, so today Hui Ge will share some small trading tips.
Trading tips
First, let's talk about the pressure line:
The resistance line is a type of tangent line theory, serving as a benchmark for judging coin price trends. The resistance line, also known as the obstacle line, appears when the coin price rises to a certain level, leading to an increase in sellers and a decrease in buyers, causing the coin price to stop rising and even potentially fall. This price line, which prevents the coin price from continuing to rise, is called the resistance line. During the process of rising or falling coin prices (index), there are both resistance lines and support lines.
When using the resistance line for analysis, the following points should be noted:
1. In a downtrend, if a rebound occurs and the bullish candles are weaker than previous bearish candles, especially when approaching resistance levels, if trading volume fails to increase, and then bearish candles quickly erase the bullish candles, the coin price will fall again, indicating strong resistance.
2. A strong rebound appears in a downtrend, with bullish candles frequently showing. Even if there is a slight pullback near the resistance line, if the turnover is active, the coin price must break through the resistance line and end the downtrend.
3. After spending some time near the resistance line, if a long bearish candle appears, the resistance line is naturally effective.
4. After spending some time near the resistance line, when a long bullish candle appears and breaks upward with increased trading volume, and there are buyers at lower levels to encourage buyers, the coin price will rise further.
5. When the coin price breaks through the resistance line from below, if the trading volume increases, it indicates that the resistance line has been effectively broken, and the trend will switch from a downward trend to an upward trend.
Generally speaking, in a major downward trend, if a medium-term upward trend appears and the market breaks through the pressure line of the medium-term upward trend, it indicates that the major downward trend has ended; in a medium-term downward trend, if a secondary upward trend appears and the market breaks through the pressure line of the secondary upward trend, it indicates that the medium-term downward trend has ended, and the original upward major trend will continue.
6. If the coin price rushes up towards the resistance line but fails to break through and turns back down, a new downtrend may occur. At this time, regardless of profit or loss, one should promptly close positions and exit.
7. When the coin price strikes the resistance line from below, and trading volume increases significantly, one should go long promptly; if the resistance line is broken but trading volume does not increase, one should observe, as it may likely be a false breakout due to weak upward momentum and resistance, and one should not rush to follow.
8. When the price of the coin breaks through the resistance line from below, if the trading volume does not significantly increase, it is advisable to wait for a pullback. If there is a pullback and the volume does not increase, then consider going long; if there is no pullback, as long as the breakthrough of the resistance can be confirmed as effective, going long again can still yield profits. This is because the resistance line has been effectively broken, and generally, there will be a period of market execution following this, which is a hard injury in trading, holding positions, a common ailment in investment. Due to the lack of good execution, no matter how good the strategy is, it cannot be realized. However, due to holding too many positions, even the smallest mistakes are magnified, like a disease that multiplies. When you can no longer hold on and leave this market, I estimate that no one will say goodbye to you; even if you have been here, a year later, no one will remember you. Any entry cannot rely on luck to hold positions, and any speculation cannot be bet with full positions. One slip means you must pack up and leave, while a hundred successes count as success.
How much are you prepared to earn in this bull market? The recently laid out godly orders are about to start!! Leave 999 in the comments to get on board!!
