$INIT new currency also has a formula, bare K is simply drawing lines to find support and resistance, bare K does not need to look at any technical aspects, just draw trend lines from the highs and lows.
New currency, new narrative, after breaking new highs, there will be no pressure level above, you just need to get in the car and set a good stop loss.
The function of the horizontal line in the picture is to find the historical highest point. As long as you break through the historical highest point, at this moment you should not hesitate, do not look at the increase, do not be afraid, and do not be afraid of being trapped.
You ask me how much I see above, I don’t know, based on experience, that is to calculate the multiples from the bottom, or calculate 50% or 100% increase from the new high position as a stage. The specific formula is as follows.
Lowest point 0.55, double to 1.1, double to 1.65, triple to 2.2, then double to 2.75.
Historical high point 1, 50% is 1.5, double to 2, then double to 3.
Do the two sets of data have any similarities?
1.5~1.65 is a cut.
2~2.2 is a cut.
2.75~3 is a cut.
Isn't the difference between several sets of data only about 10, does it fit the calculation method very well?
I have recommended this before, and at that time I said the pressure levels were 1~1.5~2. How many brothers remember?