#BTC When we cannot determine what kind of movement state the current price is in, we can start from three aspects: Trend, Position, Shape

1. Trend

Trend refers to the direction of price movement.

It can be divided into upward trend, downward trend, and sideways trend.

Sideways trend is based on the range movement between low points and high points, commonly known as consolidation, adjustment, or accumulation (which has three forms).

Trends can also be divided into: long-term trend, medium-term trend, and short-term trend.

2. Position

Under the premise of determining the trend direction,

In an upward trend, it is best to buy near the support level during a pullback; shorting is not advisable, follow the trend.

In a downward trend, it is best to short near the resistance level during a rebound; buying is not advisable, follow the trend.

In a sideways trend, reduce trading frequency, lower margin, decrease leverage, and lower target expectations, while remaining vigilant for potential trend reversals.

3. Shape refers to the breakout and breakdown of reversal patterns at key support or resistance levels, initiation signals, and the combined state of special candlesticks, trading volume, MACD, etc. (increasing certainty).

Reversal patterns: double bottom (top), head and shoulders top and bottom, rectangle, triangle, V-shape, etc. Familiarity with the details of pattern reversals is crucial for trading.

The rest is about the consistency of fixed positions, the consistency of fixed stop-losses, and the consistency of fixed buy/sell signals; beginners can use fixed levels.