I used the dumbest method for trading coins, and my win rate is nearly 100%! (A must-read for all traders)
1. Don't rush to cut losses during a sharp drop in the early session; it is usually an overreaction to negative news from the previous night. You can wait for market repair and reversal later. During a strong rally at the end of the session, don't blindly chase the price; some major players like to test the waters and lure in buyers, leading to a lower opening the next day to suppress and accumulate. $ETH
2. Make good use of volume, which is a practical technique; volume can indicate the direction of the market. If the price rises with shrinking volume, it means that the major players have strong control. If it falls with shrinking volume, it indicates that panic selling hasn't occurred, and the bottom hasn't been reached, so it will continue to drop. $BTC
3. Learn to observe the structural tops of sectors; typically, sector trends are formed by five waves: the first wave creates momentum buying, the second wave is a washout adjustment, the third wave is the major upward wave, the fourth wave is a complex divergence, and the fifth wave is a pull-up for selling. In this process, the third wave has the largest gain, followed by the first wave, and the fifth wave has the lowest. However, market conditions can change drastically, and there are often cases where the five waves don't complete, so don't memorize it rigidly. When you notice the leading stocks in a sector are stagnating, the supplementary rally will not continue with the previous strength, indicating a high probability of a peak. #币圈
4. Every time there is an acceleration at the top of Bitcoin, you will see a certain sector's imitation stocks surge, triggering a reversal in Bitcoin. Just check if the performances of the major stocks have stopped falling and started rising, and the index will also follow suit. #币圈暴富
5. Focus and specialize to get started, especially for new investors entering the market. Study one trading method and master its techniques thoroughly; this will yield more results than trying to learn all trades at once. Being greedy will lead to losses, and lacking proficiency can easily result in market lessons. Avoid switching modes casually; settle down to learn, and gradually you will reach a good state. After achieving stable profits, then learn more techniques to integrate them effectively. #比特币
6. Market movements can be divided into three structures: upward, downward, and sideways. In an upward phase, all technical indicators will have a higher win rate, while in a consolidation phase, using support and resistance for high selling and low buying will be more efficient. In a downward trend, most indicators become ineffective. Using different tools for different phases will help you be more prepared. #特朗普暂停新关税
If you are also a tech enthusiast and are delving into technical operations in the cryptocurrency world, consider following the account 'Crypto Circle Whales' to get the latest information and trading skills in the crypto sphere.