5 Laws of Trading in the Cryptocurrency Market! Learning these will increase your win rate by at least ten times!
1. Rapid increases and slow declines indicate accumulation
A rapid rise followed by a slow decline suggests that the market makers are accumulating coins, preparing for the next round of increases.
2. Rapid declines and slow increases indicate distribution
A rapid drop followed by a slow rise means that the market makers are gradually selling off, and the market is about to enter a downtrend.
3. Don’t sell at high volume on the top, run if there’s no volume at the top
High trading volume at the top could mean more increases; however, if the trading volume decreases at the top, it indicates insufficient upward momentum, so exit quickly.
4. Don’t buy at high volume on the bottom, but consider buying if there’s continuous volume
High volume at the bottom could be a downward continuation and needs observation; continuous volume indicates that funds are continuously entering, which may be a good buying opportunity.
5. Trading cryptocurrencies is about trading emotions, consensus is the trading volume
Market sentiment determines price fluctuations, and trading volume reflects market consensus and investor behavior.
5 Laws of Trading in the Cryptocurrency Market! Learning these will increase your win rate by at least ten times!
1. Rapid increases and slow declines indicate accumulation
A rapid rise followed by a slow decline suggests that the market makers are accumulating coins, preparing for the next round of increases.
2. Rapid declines and slow increases indicate distribution
A rapid drop followed by a slow rise means that the market makers are gradually selling off, and the market is about to enter a downtrend.
3. Don’t sell at high volume on the top, run if there’s no volume at the top
High trading volume at the top could mean more increases; however, if the trading volume decreases at the top, it indicates insufficient upward momentum, so exit quickly.
4. Don’t buy at high volume on the bottom, but consider buying if there’s continuous volume
High volume at the bottom could be a downward continuation and needs observation; continuous volume indicates that funds are continuously entering, which may be a good buying opportunity.
5. Trading cryptocurrencies is about trading emotions, consensus is the trading volume
Market sentiment determines price fluctuations, and trading volume reflects market consensus and investor behavior
