Steps to Success in Cryptocurrency Investment
Secrets of the crypto world, mastering just one can unlock a path to wealth; one good move can indeed lead to great success.
1. The longer it consolidates, the higher it will rise; the longer the consolidation, the higher the rise. Consolidation and fluctuation are signs of accumulation at the bottom; the more accumulation, the greater the ambition.
2. If it suddenly drops after a period of consolidation, it will only be a small drop; after the drop, it must rise. If it suddenly rises after a period of consolidation, it will only be a small rise; after the rise, it must drop. Consolidation with underlying accumulation + phase, fluctuations represent a strong accumulation phase. The manner of this is called 'washing the盘', which means back-and-forth rises and falls, simple and crude, but effective.
3. If it doesn’t create new lows, it will soon rise; if it doesn’t create new highs, it’s a bad sign. Not creating new lows indicates that the main force is continuously entering the market to buy, suggesting a bottom is near; not creating new highs indicates that the operators are secretly offloading, which is a very bad sign.
4. When the volume is at a sesame seed level, it indicates that a significant rise is imminent; when it’s at the peak, a significant drop is expected. A sesame seed volume indicates that everyone is waiting, with no buying or selling; either they are all holding on to their chips waiting for a rise, or the operators have run out of chips waiting for a drop.
5. After a shallow drop at the peak, it will probe upwards again; after a rebound at the bottom, it will touch the bottom again. Probing up again means the operators are offloading the remaining stock; touching the bottom again is to collect the chips that were shaken off at the bottom.
