TAO Night Rush 466? Don't rush, understand this wave of rhythm before getting in, a must-read survival guide for retail investors!
Brothers, TAO is now 433 dollars, isn't it true that many people are getting restless again? The market does show signs of rebound, but I advise you to stay calm! Today, I will break down this market trend in simple terms, and share some cryptocurrency trading insights, after reading this you might avoid many pitfalls!
1. Key levels are not guessed, they are drawn by the market!
422 is the dividing line between bulls and bears, and 406 is the support level, just like the front line in a battle. The price is repeatedly testing around 433, indicating that the bulls are gathering strength, but don't forget—there have been false breakouts before! For example, on October 26, it seemed like it was going to surge, but the MACD yellow and white lines broke below the 0 axis, and the volume shrank, directly slamming back to the support level. So, key levels are not divine indicators, but rather a voting machine of market sentiment.
2. Volume is "fuel", without it, don't talk about takeoff!
Right now, the MACD yellow and white lines have just returned above the 0 axis, and the RSI is close to 70 but hasn't entered the overbought zone, indicating there is still space. But to rush to 466? One condition must be met: the volume must continue to expand! For example, that big bullish line on October 30 in the chart, the volume suddenly spiked, and the price rose strongly. If the volume cannot keep up, even if the indicators look good, it might just be a "paper tiger".
3. Retail investors must not act like "brutes"!
Some people rush in with all their funds at the sight of a rebound, only to cut losses when the market slightly adjusts. The real experts are waiting for the "resonance signal": for instance, if the price tests the 406 support without breaking it, along with MACD golden cross + expanding volume red bars, that is the safe entry point. Remember, trading cryptocurrencies is not about gambling, but a probability game!
My opinion: Can it reach 466 tonight?
It is possible, but it won't happen overnight! The main force needs to first take more buy orders below (for example, slamming down to the 415-420 range to accumulate), and then quickly pull up. If it directly surges violently, it might instead trigger selling pressure. How to step on this wave of rhythm specifically? I will share in the "Maple Leaf Village" community in real-time, such as when to reduce positions, when to bottom fish, after all, words are limited, and details must be tracked dynamically!
Follow me @区块链 枫叶 tonight, Brother Feng will share MACD three tricks to escape the top in Maple Leaf Village, which helped me avoid a 20% drop in the past three times! Retail investors want to survive, relying solely on luck won't work, you need some real skills! Join my village, Brother Feng will help you set your position.