#TradingStrategyMistake
According to essential trading rules, you must:
1. A rapid increase and a slow decrease means accumulating coins.
A rapid rise but a slow decline indicates that speculators are accumulating coins in preparation for the next round of increases.
2. A rapid decrease and a slow increase means selling shares.
A rapid decline but a slow rise means that speculators are beginning to sell gradually, and the market is about to enter a downward cycle.
3. Do not sell when there is high trading volume at the peak; run quickly when there is no volume at the peak.
The trading volume at the peak is high, and it may continue to rise; however, if the trading volume decreases at the peak, it means that the upward momentum is insufficient, and you should exit quickly.
4. Do not buy when there is an increase in volume at the bottom; you can buy when there is continuous volume increase.
The trading volume at the bottom may be a downward correction and needs monitoring; if the trading volume continues, it means that money is flowing in consistently, and buying can be considered.
5. Cryptocurrency trading is trading emotions, and consensus is trading volume.
Market sentiment determines the price fluctuations of the currency, and trading volume reflects market consensus and investor behavior!
$BNB
