The most classic cryptocurrency trading mantra in history, memorize it and benefit for a lifetime!
1: Do not trade during sideways movement, buy on upward breakout, and look on downward breakdown. Only when a clear bullish breakout signal appears can it be a good opportunity to enter.
2: Buy on a pullback when it stabilizes, sell on a sharp rise, and act in the direction of the trend to be a hero.
3: After a long bullish candle at the bottom for the first time, do not leave a long upper shadow on the pullback, and firmly hold your coins until the market closes.
In the crypto world, those who make big money have gone through trials. Because bull markets do not last forever, they are often accompanied by sharp declines. However, apart from the main players, no one can accurately predict short-term pullbacks every time.
Many fans fall into a misconception that a rising market indicates a bull market, while a falling market indicates a bear market.
Fans ask me: How to distinguish between bull and bear?
If the direction is right, it’s a bull market; if the direction is wrong, it’s a bear market.
When everyone is bullish, you need to be cautious, as the market may not necessarily go up.
Buy when no one is paying attention, sell when the crowd is in an uproar.
