$ETH This is the dumbest method of investing in cryptocurrencies, which almost 100% brings profits. Thanks to this method, I earned over 20 million!
Rule one: Understand market emotions, volume is key
Volume increase without decline: An increase in volume without a drop in prices may signal a halt to the decline.
Volume increase without price increase: An increase in volume without a price rise may mean that the short trend has peaked.
Increase must be supported by steady volume: During an increase, volume must grow steadily; if it suddenly drops or there is a massive volume spike, the increase may end.
Volume at key levels during declines: During declines, if a key level is broken with an increase in volume, the downward trend may extend.
Rule two: Key levels dictate buying and selling
Resistance levels, support, trend lines: When the price touches these levels, act quickly!
Golden ratio: I use it to predict resistance and support levels, it works very well.
Rule three: Watch on multiple time frames
1-minute interval: Look for entry and exit moments.
3-minute interval: Monitor the situation after entry.
30-minute/hourly interval: Assess changes in the daily trend.
Rule four: After placing a stop-loss, don’t rush to fix it
Stop-loss = end of transaction: Each transaction is a new beginning, don’t let previous operations affect your thinking.