【Crypto Circle Must-Know Technique】After the emergence of a volume contraction triangle, he earned 50 times in one week! The pattern that the big players fear you know
At 3 AM, Old Zhang stared at the candlestick chart on the screen, his fingers slightly trembling. This continuously contracting triangle consolidation had reached its end, with Bitcoin prices fluctuating between $32,000 and $35,000. Suddenly, a massive bullish candle shot up, and the moment it broke through the upper boundary, he decisively entered with all his funds. In the next 7 days, the market surged like a flood to $48,000; this 40-year-old programmer turned his 3 years of savings into the most perfect operation of his life...
1. Mysterious patterns conceal the wealth creation code
On the 12-hour chart of Bitcoin, when the oscillation track shows "peaks gradually lowering and troughs gradually rising," professional traders all know:
The calm before the storm has arrived! This pattern, known as the "volume contraction triangle," has accurately predicted 17 major turning points in the past 3 years:
In April 2021, Ethereum's triangle broke out at the end, with a weekly increase of 72%
In June 2022, Luna's classic triangle broke down, plummeting 98% in 3 days
In January 2023, BTC's weekly triangle broke out with increased volume, starting a thousand-point rally
2. Four steps to identify death/golden triangles
True veterans understand: Not all triangles can bring wealth, the key lies in these details:
Volume code: During oscillation, volume must continuously shrink
Breakout confirmation: Must wait for the real candlestick to completely break through the trend line
Time window: The validity of the 4-hour chart is 3-5 days, and 7-12 days for the daily level
Deadly trap: If the volume is insufficient during an upward breakout, it is highly likely a false breakout (last May's SOL case)
3. The three iron rules of top speculators
Breakout buying method: When the price breaks through the upper boundary with volume, immediately place an order at the current price +1% to chase in
Pullback position addition: After the first breakout, if the trend line is not broken during the pullback, double the position
Death warning line: Immediately stop loss if it breaks below the lower boundary; never hold onto false hopes
I now only spend a few hours a day monitoring the market, yet I earn more than when I watched for 18 hours.
Why do you always find that "when you buy, it falls; when you sell, it rises"?
If you really can't understand the market, you can directly come and copy the homework
