#5月市场关键事件

Many retail investors engaged in spot trading in short to medium terms ultimately incur losses or gain little, primarily due to not knowing how to effectively take profits.

How to determine the take-profit level for spot trading?

Method 1: Refer to the previous peak resistance level.

Method 2: Look at the profit zones of each small parabolic wave segment from the cryptocurrency's pullback low to its rise high, and take an approximate average.

Method 3: Draw lines on the chart, creating a support line or resistance line based on the candlestick chart. Basic points: connect low points with low points, high points with high points, or low points with high points, high points with low points. In short, two points determine a straight line, and the various connection points within the triangle formed by the lines indicate the resistance and support levels of the wave segment, requiring relatively accurate judgment on highs and lows.

Method 4: Once the planned profit target is met.

Regardless, not being greedy will always yield profits; greed makes one more prone to being trapped, and turning profits into losses is indeed frustrating.