Still buying and selling blindly? If you can't even understand support and resistance, it's no surprise if you get cut!
Do you really think making money in the crypto world is all about luck? You're terribly mistaken! 90% of retail investors can't even grasp the basics of support and resistance. If you don't cut, who will?
🔥 4 tips to help you accurately find key levels 🔥
1️⃣ History will tell you the answer
Open the candlestick chart and take a good look:
✔ Several places where it has dropped and bounced back—this is a solid support level!
✔ Price levels that repeatedly go up and then drop—this is a hard resistance level!
The intentions of the big players are all written on the chart; it just depends on whether you can see it!
2️⃣ Moving averages can help you distinguish between bullish and bearish
These two lines must be closely monitored:
✅ 50-day moving average: The lifeline of the medium-term trend
✅ 200-day moving average: The dividing line between long-term bulls and bears
Is the price running above the moving average? Support is reliable!
Is it being pressed down by the moving average? Withdraw quickly!
3️⃣ Volume reveals the truth
Remember this iron rule:
📈 Increased volume breaking through resistance = true breakout, follow quickly!
📉 Decreased volume breaking below support = false breakdown, it may be a washout!
The movement of big players' funds is all hidden in the trading volume!
4️⃣ Psychological warfare is hidden in round numbers
These key numbers must be marked with horizontal lines:
💰 Bitcoin's ten thousand mark (like 30,000, 40,000)
💎 Round numbers of mainstream coins (like ETH's 2,000, 3,000)
90% of retail investors love to place orders at these positions; do you think they are important?
🚨 Lessons learned the hard way 🚨
I've seen many people like this:
❌ Chasing buys at resistance—resulting in being trapped at the peak
❌ Reluctantly cutting at support—only to sell at the floor
❌ Not recognizing key levels—getting repeatedly harvested
Now you know why you always buy at highs and sell at lows, right?
💎 Advanced techniques 💎
Want to accurately guess when the trend is about to change? You must know how to:
✨ Transition between support and resistance
✨ Identify false breakouts
✨ Play with multi-cycle resonance
Follow me for the next episode revealing "3 line drawing techniques the big players don't want you to know"!
If likes exceed a thousand, I will directly share my private trading line drawing template!
Stop bumping around like a headless fly!
Learn these few tricks, and you will be able to see 90% of the buying and selling points in advance!
