My approach in the crypto world is actually very simple.
There are no flashy indicators, nor any complicated technical analyses.
Remember these points, and you can save yourself a lot of detours.
1⃣ Buy horizontally and buy the dips, sell when the market is booming.
2⃣ Continuous small rises are real rises, remember to exit on large rises.
3⃣ Pullbacks after spikes are normal, don't dig deep holes and don't buy too much.
4⃣ Accelerated main rises reach their peak soon, sell quickly on sharp declines and be slow to buy on gradual increases.
5⃣ Sharp declines with low volume are tests, gradual declines with high volume require quick exit.
6⃣ Price breaking through the lifeline, swing trading is essential.
7⃣ Combine daily and monthly charts to see the main force's direction clearly.
8⃣ Price increases without volume support, be cautious of the main force's traps.
9⃣ Low volume new lows indicate bottoms, increase in volume during recovery is the time to enter.
If you don't want to keep going in circles, then join me in planning, so you can get out of the trough as soon as possible. The current market is a great opportunity for recovery and flipping your investments.
