There is a dumbest way to trade cryptocurrencies that has almost 100% profit. I used this method to earn over 20 million! Suitable for everyone!
1. Observe the trading volume. As the saying goes, "Volume leads price"; volume is the precursor to price. The rise in cryptocurrency prices must be accompanied by volume. An increase in trading volume indicates a higher turnover rate and an increase in the average holding cost, which reduces the selling pressure at 50417863774, allowing the price to continue rising. Sometimes, when the dealer's chips are well locked, the price may also rise with reduced volume, but this situation will not last long. Otherwise, the average holding cost cannot be increased, selling pressure will increase, and the price will lack sustained upward momentum. Therefore, short-term operations must choose coins with volume, especially paying attention to prices that show increased volume at the bottom. 24788739815
2. Observe the patterns. In short-term operations, in addition to paying close attention to trading volume, one should also pay attention to changes in patterns. Several patterns are worth noting: V-shaped reversal, W-bottom, head and shoulders bottom, rounded bottom, platform, ascending channel, etc. When the W-bottom, head and shoulders bottom, or rounded bottom breaks through the neckline with volume, it is the best time to buy. 21956469155
3. Observe technical indicators. There are countless technical indicators in the Bitcoin market. Each has its focus, and investors cannot cover them all; just be familiar with a few. Commonly used technical indicators include the stochastic indicator (KDJ), relative strength index (RSI), etc. Generally speaking, when the K value crosses above the D value twice at a low level (around 20%), it is a better buying opportunity; when it crosses below the D value twice at a high level (above 80%), forming a death cross, it is a better selling opportunity. The RSI indicator at 0-20 indicates that the price is oversold, and one can build positions; at 80-100, it is overbought, and one can close positions. 92021380807
4. Observe moving averages. Short-term operations generally reference the 5-day, 10-day, and 30-day moving averages. When the 5-day moving average crosses above the 10-day and 30-day moving averages, and the 10-day crosses above the 30-day, this is called a golden cross, indicating a buying opportunity; conversely, it is called a death cross, indicating a selling opportunity. When all three moving averages are arranged upwards, it is called a bullish arrangement, indicating strength; a volume decrease with a pullback to the 5-day, 10-day, and 30-day moving averages is a buying opportunity. 09312413754
If you are also a technical enthusiast and are deeply researching technical operations in the cryptocurrency circle, you might want to pay attention to the account "Crypto Circle Whales" for the latest cryptocurrency intelligence and trading skills.