Ideas for band currency selection: hot spots, sectors, volume-price ratio
1️⃣ If you just blindly chase hot spots and don’t understand that high-volume declines are a precursor to a continued decline, and you don’t understand that the continued shrinking of trading volume is a buffer before a rebound, it will be easy to chase at the top of the mountain and end up at the bottom of the mountain.
2️⃣ If you just follow the trend and chase the sector, but don't know the rules of sector rotation, you are likely to pass by the skyrocketing sector every time and get the coins of the falling sector.
3️⃣ If you only look at the technical indicators led by the relationship between volume and price, although you can make a steady profit most of the time, you will not be able to benefit from skyrocketing coins.
🔺So, this requires the volume-price ratio of hot sectors to be used in conjunction with each other, so that we can run through the entire process of buying low and selling high in the band, and get twice the result with half the effort.
1️⃣ If you just blindly chase hot spots and don’t understand that high-volume declines are a precursor to a continued decline, and you don’t understand that the continued shrinking of trading volume is a buffer before a rebound, it will be easy to chase at the top of the mountain and end up at the bottom of the mountain.
2️⃣ If you just follow the trend and chase the sector, but don't know the rules of sector rotation, you are likely to pass by the skyrocketing sector every time and get the coins of the falling sector.
3️⃣ If you only look at the technical indicators led by the relationship between volume and price, although you can make a steady profit most of the time, you will not be able to benefit from skyrocketing coins.
🔺So, this requires the volume-price ratio of hot sectors to be used in conjunction with each other, so that we can run through the entire process of buying low and selling high in the band, and get twice the result with half the effort.