I once thought I was an fearless captain in the sea of cryptocurrency, until the '312 black swan' sank me. 12 million positions wiped out in half an hour, the cold touch of the phone screen is still unforgettable.
But despair is often a catalyst for wisdom, suddenly realizing: The essence of contracts is probability gaming. With the remaining 800,000 capital, combined with the 'dynamic hedging model', in February this year, I achieved an asset leap to 2.18 million in 60 days, a gain of 272900%!
Now, I will share this 'Storm Navigation System' for free - in the crypto world, learning to dance with risk is the true way to survive.
In the crypto world, true masters may not necessarily be technically skilled, I have always strictly followed the iron rules of the market:
Practical tips for crypto trading! Understand candlesticks, even beginners can accurately enter the market
After years of struggling in the crypto world and stepping into countless pits, I finally understand: If you want to truly profit, candlestick analysis is an essential core skill! Today, I will share practical experience without reservation, I suggest you like and bookmark it for easy reference.
1. Trend is king! See through the market direction at a glance
Uptrend: Continuous appearance of multiple green candles, and closing prices continue to hit new highs, indicating strong bulls, following the trend to go long has a higher win rate
Downtrend: Continuous appearance of multiple red candles, closing prices continue to fall, at this time shorting is the wise choice
Reversal signals: Hammer line, inverted hammer line, morning star, engulfing pattern… these classic candlesticks, once they appear, are often 'signal lights' for trend reversal, catching them is an opportunity
2. Identify key levels, enter without confusion
Support level: The 'lifeline' where price rebounds after multiple declines. When the price approaches the support level, combined with a hammer line and other bullish patterns, decisively buy the dip! Resistance level: The 'ceiling' where price falls back after multiple climbs. If a hanging man line or other bearish pattern appears, immediately short and exit
3. Look at both volume and price, see through the market's true intentions
Volume increase on rise: Price rises, trading volume expands simultaneously → Strong buying, strong bullish signal
Volume increase on fall: Price drops, trading volume surges → Crazy selling, decisively short to hedge
4. Classic candlestick patterns, accurately identify buy and sell points
Pattern Characteristics Operation
Hammer line at the bottom of a downtrend, long lower shadow (≥2 times the body) Buy the dip
Inverted hammer line with upper shadow, shaped like an inverted 'hammer' Reversal to go long
Three white soldiers Three consecutive green candles, closing price hits new highs each time Chase the rise to go long
Bullish engulfing line A long bearish candle followed by a small bullish candle (completely engulfs) Indicates bottoming and going long
5. Indicator resonance, win rate doubles
Golden cross: 5-day moving average crosses above the 10-day moving average → Trend strengthens, enter to go long
MACD golden cross: Short-term line crosses above long-term line → Bullish breakout, keep up to reap profits
6. Lifesaving rule: If risk control is not done well, all profits will be in vain
Stop loss must be set: Set a stop loss point simultaneously when entering (usually outside support/resistance levels) to avoid crash liquidation
Position management: Each trade should not exceed 10% of total funds, diversify investments, survive to laugh last
Final reminder: Candlestick analysis is not a universal formula, need to flexibly judge in combination with news.
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