The following is a detailed explanation of each strategy:
1. Strong coins have fallen from highs for 9 consecutive days, so be sure to follow up in time
Strong coins that continue to fall may rebound after the adjustment. Therefore, when observing 9 consecutive days of decline, you can consider following up in time to capture potential rebound opportunities.
2. If the stock price rises for two consecutive days, you must reduce your position in time
Two consecutive days of rise may mean that the market has reached a short-term high. It is recommended to reduce positions in time to lock in profits and avoid losses caused by subsequent pullbacks.
3. If the price rises by more than 7%, there is still a chance of a surge the next day
If the currency rises by more than 7%, there is often a chance of further rise the next day. You can continue to observe it instead of rushing to sell it.
4. Wait for the correction of strong bull coins before entering the market
For strong coins, a pullback is a good time to enter the market. Waiting for prices to stabilize before entering the market can reduce risks and increase the probability of profit.
5. If the volatility is flat for three consecutive days, observe for another three days
If the currency is not volatile, you can observe for another three days to confirm the trend. If there is still no change, consider switching to other products to avoid locking funds in a depressed state.
6. If you fail to earn back the cost of the previous day on the next day, exit the market in time
If a currency cannot return to the cost price of the previous day the next day, it indicates that market sentiment may weaken, and it is a wise choice to stop loss in time.
7. If there are three on the list of rising stocks, there must be five, and if there are five, there must be seven.
The currencies on the list of currency gains often show a chain reaction. Observe the currencies with larger gains and enter the market at the right time when the price drops. The fifth day is usually a good time to sell.
8. Volume and price indicators are crucial
Trading volume is the key to judging market trends. A breakthrough with large volume at a low level is usually a buy signal, while stagnation with large volume at a high level is a sell signal. Paying attention to the relationship between volume and price can help make more informed decisions.
9. Only choose coins that are in an upward trend
Paying attention to the currencies with an upward trend can increase the probability of profit. Use the moving averages of different periods to judge the trend. The short-term, medium-term and long-term moving averages turn upward, corresponding to different trading strategies, and choose the currency that meets the requirements for operation.
10. Small funds also have opportunities
In the cryptocurrency world, small capital does not mean a lack of opportunities. As long as you master the methods, stay rational, execute strategies and wait patiently, you can find your own opportunities in the market.
Summarize
These strategies combine trend analysis, risk management, and market sentiment judgment, and are very suitable for investors who want to obtain stable returns in the volatile cryptocurrency market. Be sure to keep in mind market risks, continue to learn and summarize experience, so as to stay competitive in the ever-changing market.
