Cryptocurrency Speculation口诀

1. Patiently wait for consolidation
When the market is trading sideways, do not rush, as consolidation is followed by a turnaround.
2. Short-term popular not lingering battle
Popular positions are mostly speculative. Once the hype fades, funds withdraw, often changing positions to prevent risks.
3. Acceleration period holds steady
The K-line is slowly rising, opening higher with a bullish candlestick, when the trading volume increases, the market accelerates, hold the position steadily, and wait for the profit.
4. Leaving after a huge bullish candle
After the appearance of a large bullish candle, regardless of the high or low position, decisively enter the market to avoid profit retracement.
5. Support level of moving average, key buying and selling point
Moving averages, support, and resistance levels are crucial for trading, and even if wrong, they should be followed according to the rules.
6. Better to enter less than to enter more.
Before taking action, be prepared. The only constant in the cryptocurrency trading world is change, so enter cautiously.