The retail investors want to catch the bottom and chase the highs, but if they can't even understand the support and resistance levels, how can they make money?
Want to find the right buying point and escape point? First, learn these basic judgment methods:
🔸 Historical Price Fluctuations
Looking back at the chart, where does it often bounce back after a drop? That is support!
Where does it get pushed down after a rise? That is resistance!
Market trends often 'repeat history'; these positions are where the big players set their traps.
🔸 Moving Average Indicators
For example, the 50-day and 100-day moving averages; it doesn't matter if you don't understand them, just keep an eye on them!
During a downtrend, if the price approaches the moving average but doesn't break it, that's support!
During an uptrend, if the price touches the moving average and then falls back? Resistance is here!
🔸 Volume Changes
When approaching the support level and volume increases, it indicates more buyers are stepping in;
When at the resistance level and volume decreases, it shows that no one wants to buy, and the market will drop.
Don't underestimate these changes; the combination of volume and price is the most stable signal!
🔸 Psychological Whole Numbers
Numbers like 100, 1000, 50000 are very sensitive in the market!
Many people focus their trades around these levels, thus they naturally become psychological support or resistance zones!
Stop guessing the price movements! If you want to catch the bottom or take profits, first understand the support and resistance; this is your trading baseline!
Chasing highs and cutting losses blindly = Being slaughtered
Understanding the positions + Trading with rhythm = Snatching profits before the big players!
Those who understand have already set their positions ahead of time; those who don't can only be led by the big players! $ETH $FUN $BTC
Want to learn more trading techniques? Follow @Crypto弥少 , and transform from a retail investor to a hunter!
##美国加征关税 ##非农就业数据来袭 ##币安Alpha上新 ##币安钱包TGE ##美股代币化
Want to find the right buying point and escape point? First, learn these basic judgment methods:
🔸 Historical Price Fluctuations
Looking back at the chart, where does it often bounce back after a drop? That is support!
Where does it get pushed down after a rise? That is resistance!
Market trends often 'repeat history'; these positions are where the big players set their traps.
🔸 Moving Average Indicators
For example, the 50-day and 100-day moving averages; it doesn't matter if you don't understand them, just keep an eye on them!
During a downtrend, if the price approaches the moving average but doesn't break it, that's support!
During an uptrend, if the price touches the moving average and then falls back? Resistance is here!
🔸 Volume Changes
When approaching the support level and volume increases, it indicates more buyers are stepping in;
When at the resistance level and volume decreases, it shows that no one wants to buy, and the market will drop.
Don't underestimate these changes; the combination of volume and price is the most stable signal!
🔸 Psychological Whole Numbers
Numbers like 100, 1000, 50000 are very sensitive in the market!
Many people focus their trades around these levels, thus they naturally become psychological support or resistance zones!
Stop guessing the price movements! If you want to catch the bottom or take profits, first understand the support and resistance; this is your trading baseline!
Chasing highs and cutting losses blindly = Being slaughtered
Understanding the positions + Trading with rhythm = Snatching profits before the big players!
Those who understand have already set their positions ahead of time; those who don't can only be led by the big players! $ETH $FUN $BTC
Want to learn more trading techniques? Follow @Crypto弥少 , and transform from a retail investor to a hunter!
##美国加征关税 ##非农就业数据来袭 ##币安Alpha上新 ##币安钱包TGE ##美股代币化
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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