Understand these market signals and let the god of wealth possess you!
1 Sharp rise and slow fall - signal for shipment
When the market price rises rapidly and then turns to a slow fall, it is often the time to ship. The sharp rise attracts a lot of follow-up buying, but the subsequent slow fall shows that buying power is weakening and sellers gradually dominate. Investors should be vigilant at this time, it may be time to ship.
2 Sharp fall and slow rise - wash characteristics
On the contrary, if the market falls sharply first and then the price begins to rise slowly, it usually means that the market is washing. The sharp fall may cause some investors to panic sell, but the subsequent slow rise shows that market sentiment is stabilizing and buyers are regaining the upper hand. This is a positive signal after the market has experienced a wash.
3 Large volume but no increase
If the trading volume increases significantly, but the price does not rise, this may indicate the arrival of the market top. At this time, although the market is active, the buyer's power is not enough to push the price up further.
4 Shrinking volume but no drop
When the trading volume decreases significantly and the price remains stable, this may mean the formation of the market bottom. At this time, the market selling pressure has eased and buyers begin to gain the upper hand.
5 Large-volume rise and fall
When the market volume increases and prices rise synchronously, although the market seems strong, it may foreshadow a subsequent fall. Excessive volume and too fast a rise are often difficult to maintain.
6 Large-volume fall and rebound
When the volume increases and prices fall sharply, it is usually an opportunity for a rebound. Excessive selling may cause the market to oversell, and the subsequent increase in buyer power may trigger a market rebound. #比特币减半 #BTC🔥🔥🔥🔥🔥🔥