After ten years of trading cryptocurrencies, Yunbin can't bear to see others lose money. Today, Yunbin has decided to publicly share the experiences he has summarized over the years, how he has survived in this market, and how to remain undefeated. At least this can help you avoid several years of detours, and what you learn can directly turn your losses into victories!👇
On volume: The so-called troops have not moved, but the supplies must go first. The formation of the initial trend is an essential part, especially the first volume increase after a period of sideways movement, which should be given special attention. This is not the best entry point. The first volume increase will likely lead to a pullback, and when the second volume increase happens, that will be our best entry opportunity!
On price: It is crucial to look at the closing price. The fluctuations during the day are not important; if the closing price can remain stable, it indicates that the main force is about to take action. To distinguish between real and false increases, Yunbin's conclusion is that if the closing can stay above the resistance level, the probability of a breakout is very high!
On entry timing: Before the breakout, the price of the coin should have experienced a long period of sideways accumulation. The longer, the better. The area of concentrated chips should ideally have less than 10% fluctuation. Once the main force completes a significant accumulation in such a mark, it will inevitably surge forward without looking back!
On resistance levels: It is essential to identify previous resistance levels. For example, during a prior decline, if there was support in that range and it stayed there long enough, then this position becomes the resistance level for the upward movement. Normally, when reaching a key resistance level, the first direct breakout can usually be judged as a false breakout. At this point, it is advisable to exit first and wait for a minor pullback before re-entering!
If you haven't learned yet, you only have two choices now:
(Choice A) ❌ Gambler: Continue to fight alone, relying on luck to make money, and ultimately lose by strength, getting drowned in the market tide!
(Choice B) ✅ Join Yunbin's team
Stay closely aligned with Yunbin, using precise strategy analysis to keep yourself undefeated?
The market has never been short of opportunities; the question is whether you can seize them. Following the right people is the key to surviving long-term in the market and earning more!
Join Yunbin now to help you pan for gold in the sea of cryptocurrencies, steadily reaping profits!
