In the cryptocurrency world, if you do not understand the key points of the main force's wash and shipment, it will be very difficult for you to make a fortune in the cryptocurrency world $ASTER
Here are some key tips:
1- Pay attention to trading volume: The trading volume usually shrinks during the wash, while it expands during shipment.
2.- Pay attention to the coin price position: The main force usually washes when the coin price rises by about 30%, and when the increase exceeds 60%, one needs to be wary of the possibility of shipment.
3. Analyze the intraday chart: The intraday chart during the wash often jumps up and down, while the intraday chart during shipment is relatively stable.
The current trends in the altcoin market vary, and the duration of entering the bottom consolidation phase also differs. Which altcoin to bottom out and how to determine if it has reached its own bottom should be based on personal choices and judgments.
When the market enters the late bottom phase, there is no need to overly pursue precision. A vague correctness in direction is often more valuable than temporary accuracy. Bravely buying in at relatively low positions and firmly selling out at relatively high positions is the path to one's own victory.