1. Start screening after 2:30 PM. Open the gain leaderboard and add all coins with a gain of 3-5% to your watchlist, as the gain during this period indicates the day's strength. Gains below 3% suggest weak performance, which is not favorable for the next day’s rise. For coins at 5%, the trend has already emerged, so it is not recommended to chase high; only stable operations should be executed!
2. After the above screenings, eliminate all coins with a volume ratio below 1 according to the volume ratio ranking method. A volume ratio below 1 indicates that the coins lack trading activity and popularity, which can significantly impact the rise the next day. We must understand that the rise of individual coins requires funds to drive it.
3. Conduct a second screening of the remaining coins by successively filtering based on turnover rate. Remove all coins with a turnover rate below 5% and 10%. Coins with a turnover rate below 5% have relatively low attention, and short-term trading requires speed, so turnover must be sufficiently active. Those above 10% are too active and may indicate manipulation by major players, increasing risks and necessitating conservative strategies.
4. After screening, the remaining coins are relatively high quality, meeting strong criteria. Further screening is done by ranking based on market capitalization, filtering out those below 5 billion and above 20 billion. Coins below 5 billion are usually less popular or junk coins, or possibly manipulated coins, which should be avoided. Coins above 20 billion are too large in market cap, requiring significant volume to push up, making short-term profits inconvenient.
5. After three careful screenings, the remaining coins are all top-tier selections. Further screening is done by examining trading volume. Sequentially click on the K-lines of the selected coins, keeping those with continuously increasing trading volumes. A step-like increase is even better. Filter out those with fluctuating trading volumes, which are unstable.
6. After the fifth screening, look at the K-line patterns of individual coins. In the short term, observe the 5/10/20-day moving averages. If the 60-day moving average is diverging upwards, that’s the best pattern. If the K-line pattern shows below important moving averages, it indicates that the recent trend of the coin is a rise followed by a fall, suggesting that the selling pressure from above is too high and it is in a heavily traded area. Continue to filter out such instances and keep those without any pressure above the K-line. This way, the upward movement will be easier, focusing on higher probability events.
7. Through the sixth screening, accurately select by using minute charts to determine the characteristics of strong coins. Those that can outperform the market belong to a rising trend against the tide, in a market where the strong remain strong. Only by selecting strong coins can you maximize returns, thus providing more robust support. The price trend of individual coins must be above the minute chart price throughout the day. With a sufficient market atmosphere, all those involved can reap profits, and the following day’s upward movement will be even stronger.
8. After six screenings, the remaining coins are all very strong selections. Depending on market opportunities, sometimes it might be normal not to identify any coins at all. One must be patient and persistent; opportunities are reserved for those who are prepared!
If you feel helpless and confused in trading right now, and want to learn more about the cryptocurrency space and cutting-edge information, click on my avatar and follow me. Don’t get lost in this bull market!
#币安Alpha上新 #Strategy增持比特币 #美国加征关税
