Sharing a concrete idea is one of the basis I use to judge whether a currency can reach a new high after falling sharply. It is extremely accurate and is very helpful in currency selection. I call it <span guideline>>.

That is, after a strong rise in a currency, after a few days of downward adjustment (preferably more than a week), it rises again to 65% or more of the decline, and has not yet reached a new high. If the above conditions are met, two points can be concluded with high probability:

1. The previous high is not the top, but will be a new high in the future.

2. The callback low has been established, and the trend may repeat, but it will not go lower.

More importantly, this criterion can greatly improve your currency selection ability, allowing you to buy currencies that can continue to rise with a high probability, and completely avoid currencies that continue to fall after rising. Let me give you a few examples:

In early December, Ordi and Bigtime broke out at the same time, with a huge rise. They also entered a downward adjustment at about the same time. Ordi reached a high of $70 on December 7. After a week of decline, it reached $69 again on December 14, which was <span Criterion>, and Bigtime has never recovered its 65% decline since its high of $1 on December 6. The subsequent results of the two: ORDI fell back to 50 dollars and then reached a new high of 90 dollars; Bigtime was cut in half and then cut in half.

For example, LUNC has never returned to 65% after pulling up in early December, and has been falling all the way until now. Trb142 fell for a month to more than 70, then 130 (satisfied), then stepped back to 100, and then reached a new high of 600+. After 600, 50% of the time has not gone back. It has fallen so far that it is probably useless.

Without giving examples one by one, I will mention two that currently meet this criterion, SOL and ENS. You can join the selection first and wait for the opportunity to enter later. #WLD #sei #PIXEL #ckb #内容挖矿