The essence of short-term cryptocurrency trading:
① Look at the trend (whether the 15-minute chart is in a bullish arrangement, look at the daily line, then the hourly line, and then look at the 15-minute chart, long and short)
② Look at the sector (whether it has the concept of the current speculation theme, which can only be used as a reference, not a hard requirement)
③ Look at the position (whether the position of a coin is low, medium or high, which mainly determines the rise space of a coin)
④ Look at the technology (check whether MACD, KDJ are bottoming out and whether Bollinger Bands, etc. meet the technical requirements for rising, whether there is a secondary rise Price support, immortal guidance, head and shoulders bottom, single yang not broken and other important reference forms)
⑤ Look at the volume (whether the rise is large, whether the fall is small)
⑥ Look at the details (look at the overall trend of the recent K-line and whether the short-term multiple moving averages are in important forms such as adhesion and divergence)
⑦ Look at the greed index, Bitcoin long-short ratio, (the market sentiment represents the sentiment of funds. Only with the market sentiment, you can have a more sufficient money-making effect)
