I have been in the cryptocurrency circle for 6 years.
It all started with an investment of ten thousand, going through pitfalls, corrections, and more pitfalls,
up to now, I can say I can rely on trading to live steadily and achieve financial freedom.
Over the years, the ideas, indicators, and models popular in the market,
I have personally used and also personally denied most of them.
If you want to treat trading as a long-term side job,
even a second career in the future,
there is one important thing—
look more, listen more, verify more, and don’t rush to conclusions.
Many detours can actually be avoided in advance.
Let’s talk about a question that beginners often ask:
How to judge whether a coin is really going to break through or just a false move?
I generally break it down from four dimensions: volume, price, time, and position.
First, look at the volume.
Before the market starts, it is rarely silent.
The first significant increase in volume after a long period of sideways movement is worth paying attention to, but there is no need to rush in. $人生K线
Real valuable opportunities,
often appear after the retest and washout ends, followed by another increase in volume.
Second, look at the price.
The process can be highly volatile, but the closing price is very honest.
If the price can steadily close above the key resistance level,
that indicates that the funds are coming with an attitude,
true and false breakouts often distinguish themselves here.
Third, look at the time.
A good breakout usually isn’t too hasty.
It’s best for the initial phase to undergo a sufficiently long period of reduced volume consolidation,
the more concentrated the chips, the more extensibility the subsequent market has.
Without enough time, the distance often won’t be far.
Fourth, look at the position. $币安人生
First, clarify the key resistance level.
It may be a previous high, a neckline of a pattern,
or it could just be an integer threshold.
Once the position is clear, the expected space after the breakout will naturally become clear.
These four points are my basic framework for judging sideways breakouts.
Not complicated, but needs to be verified repeatedly.
Next, I will successively share hundreds of pages of trading notes that I have organized over the years.
These are not "secrets",
but a series of experiences that have been repeatedly verified in actual trading.
If it helps you avoid a few unnecessary detours,
then the nights I have endured over these years will have some value.
If you have time, review more.
Markets are often present, but understanding must be accumulated step by step.
Come find Dayan, Dayan will take you to experience a different life!
