Practical tips for cryptocurrency trading that you must remember! (Collect and forward)
1. Tips for bottoming out: The trend of shrinking volume has a cathode, and the extreme point is at a new low. The market is easy to clean up when popularity is low, and it is good luck to grab the extreme point.
2. Tips for escaping the top: If there is a new high in new volume and new price, there is no need to escape if the volume shrinks and the price falls back. Be vigilant if there is a huge volume, and you must escape if there is a price but no volume.
3. Tips for short selling: There must be bad news for short selling, and the market downturn is easy to clean up. New lows one after another, and no volume is the extreme of Yin.
4. Tips for bottom-fishing: Reduce your position when the volume falls, and a new low with a shrinking volume is a sign of the bottom. The key is to see an increase in volume, and you need to look back to confirm before entering the market.
5. Stop loss tips: I thought the price of the currency would go up, but unexpectedly it went in the opposite direction. Understand the situation and understand the intention. If it is not a stop loss, then add more positions.
