Having traded cryptocurrencies for over 10 years, this year 2025 marks my 8th year as a professional trader. I currently have a stable monthly income in seven figures and an annual income in eight figures, all relying on this trading strategy with a win rate of 90%.
A method I have tested: last year, in less than a year, I turned 80k into nearly 10 million
If you plan to invest in the cryptocurrency market, please spend a few minutes reading my answer word for word, as it may save your life and that of your family.
Thousands of originally happy families end up destroyed because of chasing the unattainable dream of making a fortune in the cryptocurrency market.
I believe the reason I can continue on the trading path is that I have always been dedicated to learning, in addition to understanding the basic knowledge
Analyzing the news, studying technical indicators, and forming a stable profit trading system!
Foolproof cryptocurrency trading 7 iron rules
1. Wait and see during consolidation, act on a breakout
When the price oscillates in a 3% range for more than 72 hours, use 30% of the position to test. Add positions when breaking key resistance levels (like the 20-day moving average) to avoid blindly bottom-fishing or top-ticking.
2. Don't cling to hot spots, need to rotate positions
Monitor using the 'Hot Spot Temperature Gauge' indicator: when a cryptocurrency's daily increase exceeds 50% and social media mentions surge, clear positions in the next morning's trading. Historical data shows that these types of cryptocurrencies have an 83% chance of retracing within 72 hours.
3. Jump up sharply, hold steady
When the 'island reversal' pattern appears (price jumps high at opening and trading volume increases by more than three times), hold firmly until the RSI indicator is overbought (>80) before taking profits in batches. This strategy helped me achieve 127% returns during the Ethereum Shanghai upgrade in 2024.
4. Huge bullish candle, exit at the end
Regardless of high or low positions, when the daily trading volume exceeds twice the 60-day average line, clear positions before 14:50. After the 2023 Dogecoin Musk incident, this strategy helped me avoid a 38% drawdown.
5. Buy on bearish candles, sell on bullish candles
Using the 55-day moving average as a lifeline: buy on a bearish candle (with a drop of <2%), sell on a bullish candle (with a rise > 3%). Combined with the MACD golden cross signal, the win rate can increase to 68%.
6. Don't sell when the price is high, don't buy when the price is crashing
Set dynamic take profit: when the price falls below the lowest price of the last 3 candlesticks, close positions immediately. During the 2024 BNB ecosystem explosion period, this method earned an additional 42% profit.
7. Prepare to buy first, prioritize smaller entries
Use the 'Pyramid Positioning Method': the first position should not exceed 20%, add 10% for every 5% drop, reduce positions by 3% on rebounds. This strategy can reduce the average cost by 15-20%.
Practical case analysis
Case 1: 2024 LTC halving market
Position signal: weekly MACD golden cross + RSI breaks above 50
Operation: Accumulate positions in batches over the 30 days before the halving day (August 2), controlling total positions to 40%
Result: Highest point realized, profit reached 187%
Case 2: 2023 ARB ecosystem explosion
Position signal: Twitter mentions exceed 500,000 in one day + GitHub code update frequency increases threefold
Operation: Heavily invest when breaking the $2.8 resistance level, setting a 20% trailing stop
Result: Successfully topped out, yield of 212%
Words of wisdom for beginners
Invest with money that won't affect your life: recommended not to exceed 10% of family assets
Stay away from leveraged contracts: 99% of liquidations come from overconfidence
Regular review: analyze gains and losses using the 'Profit and Loss Statement' every month
Keep learning: pay attention to SEC filings, project AMAs, on-chain data
The cryptocurrency market is a place full of opportunities, but also full of risks. If you want to change your fate, you can try with some spare money. But remember: Don't be greedy, don't panic, and strictly follow the plan.
I have summarized the essence of the 'candlestick trading method'. As long as you master it, using this method to trade cryptocurrencies will guarantee your account multiplies by 30 times. Today I have specially organized the key points to share with those destined to encounter it; please keep it well.
Today I will teach you a naked candlestick strategy with a win rate of up to 90% - the Pinbar strategy
I have used this method for many years and it has proven effective. Even today, it is a strategy I frequently use.
Step one
You must first learn to find a golden candlestick that represents wealth from the candlesticks
We name this candlestick pattern Pinbar
1. Pinbar has no color requirements, but the body cannot be too long;
2. And the length of the upper wick must be more than twice that of the body, otherwise it does not constitute an effective Pinbar;
3. Of course, in practical trading, there will also be some deformed candlesticks that still qualify, as shown in the figure below;
The other end of the candlestick can have wicks in the same direction, but they must be very short!
At this point, the first step is considered complete
For ease of memory, we give the above two candlestick patterns names
From now on, tell yourself:
In the future, only enter trades when you find shooting stars and hammer lines in candlesticks, otherwise keep observing, your win rate will greatly increase!
Don't think you will miss a lot of trading opportunities; often, the simpler methods are the more profitable when you lack skills.
Please note: the two conditions mentioned above for finding the Pinbar pattern are necessary, and you must not force it. If you deliberately look for candlesticks for trading, you will find a bunch of Pinbars, but 80% will be false!
Step two, find the position
Although a single Pinbar candlestick has no color requirements, it has very high position requirements. If the position is wrong, the effect is null!
Therefore, the Pinbar must be in the correct position to have an excellent effect.
Please remember the following two points:
1. The shooting star must be at the very top of a rising market;
2. The hammer line must be at the very bottom of a declining market.
Regarding the second point, you must first learn to find key levels
I dare say
Currently, 90% of people in the trading market
Is not knowing how to find support and resistance levels
Among the remaining 10% of people
Another 80% of people
The identified support and resistance levels are incorrect
When it comes to support levels
Ordinary people
Will imagine it as a floor
When the price falls to a certain position
The force in the opposite direction starts to appear
The momentum for prices to continue down is weakening
Start moving in the opposite direction
The same reasoning applies
The resistance level is
When the price rises to a certain position
The force in the opposite direction appears
Weakening the upward momentum of the price
Even turn around and run
You can imagine the resistance level as a ceiling
It prevents the market price from continuing to rise
This is our understanding of support and resistance levels
Isn't this concept very simple?
If you think so too
Congratulations
You are one of the 80%
The two situations listed above
Will repeatedly occur countless times in the market
If we only observe the price line once or twice without breaking a certain support or resistance level
If you easily enter the market
We are likely to suffer painful lessons
Because you do not know what this position means to the market
Is this a truly meaningful position?
Or some randomly generated noise
So at this time, we need some more advanced techniques
That is the main support and resistance levels
To help us filter
To avoid confusion
Next, I will explain the main support and resistance levels discussed in this article
Referred to as 'key level'
In English, it is called: Key level
Key levels are places that are truly sensitive in the market
The market has previously expressed its position on this
It has also made significant reactions to it
It has also been rejected by the price many times
It may have been the market's enemy yesterday
Today has become a friend of the market
A key level is like a magnet
There is an invisible attraction that constantly hopes to try to approach this position
If the market approaches this position again
We can accurately identify it
We will then have a reasonable forecast for the future
This means the price will react again to some extent
Then this is our opportunity to enter and make money
The Pinbar must be at a key level (main support or main resistance level)
We will look for a few easily understandable examples in practical trading:
The hammer line appears in a small correction downtrend, and the lowest point of the hammer line is also the lowest point of this downtrend. After several subsequent candlesticks, none broke below the low of the Pinbar, and the market quickly reversed and rose, reaching new highs. This Pinbar is considered an effective candlestick.
The position of this hammer line is simply textbook-like
If you are doing day trading and often look at minute charts, it is equally applicable
Of course, this method is not limited to Bitcoin, it is also applicable to other currencies, even stocks, forex, futures, etc.
Next, let's find practical examples of shooting stars
As shown in the figure above, in a moderately rising market, a shooting star Pinbar appeared, and the market instantly began to reverse, plunging rapidly.
Point three, develop a trading strategy
Having learned how to find Pinbars, the next step is to learn how to enter the market and make money! Those who can buy are apprentices, but those who can sell are masters.
A complete trading system includes the underlying asset, position, direction, entry point, stop-loss point, take-profit point, countermeasures, and follow-up...
We'll discuss them one by one
Underlying asset, position, direction, I need not say more
Let's focus on how to quickly seize entry opportunities when we discover an effective Pinbar pattern
Generally, there are two types
1. Enter on breakout, stop-loss on reverse break signal, stop-loss if retracement exceeds 50% of the signal, take profit at a position equidistant from the Pinbar or move the stop-loss.
2. Entry at 50% retracement signal, stop-loss on reverse break signal, take profit at a position equidistant from the Pinbar, or move the stop-loss.
Let's explain with examples:
We can verify one by one in the practical examples in the first part above
So when do we take profits?
Remember two points:
1. Risk-reward ratio greater than 1:1.5
2. At least capture the points from the highest to the lowest of the Pinbar
Remember: the cryptocurrency market is high risk and high reward, but long-term profitability requires patience, learning, and rational operation.
Giving roses to others, the hands have lingering fragrance. Thank you for your likes, follows, and shares! Wishing everyone financial freedom in 2025!
Market starts, profits double! Follow Cheng Ge and go with the trend, wealth will naturally come!
Continue to pay attention: SPK, FIDA
