A promising coin has fallen for 9 consecutive days? Don't be scared, this is often a buildup before a big rebound. On the contrary, if it has surged for 2 days, it's time to reduce your position.
Cryptocurrencies that rise more than 7% usually continue to soar the next day — but the surge is a signal to exit. Don’t chase after big gains, wait for a sufficient pullback before getting on board.
The calm days test patience the most. If the market remains flat for three consecutive days, take another look after three days, and if there is still no change, decisively switch coins. The losses from the previous day must be recovered the next day, otherwise exit immediately—this is the bottom line for stop-loss.
The chart of price increases has a pattern: if there is a 3% increase, there must be a 5% increase; if there is a 5% increase, there must be a 7% increase. At this point, if it rises for 2 consecutive days, you should buy on the dips, and by the fifth day, you should exit.
The relationship between volume and price is the essence of everything. Pay special attention to breakthroughs on increased volume at low levels; if there is increased volume at high levels but the price does not rise, don't hesitate, just exit quickly.
Only trade coins in an upward trend: the 3-day line is rising with short-term gains, the 30-day mid-term line is on the rise, the 80-day line supports the main upward wave, and the 120-day long-term line is steadily moving upward—none of these four conditions can be missing.
The secret to turning small funds around is actually quite simple: the right method, a steady mindset, strict execution, and the patience to wait for opportunities.
My trading system is so simple that it's a bit funny: no rabbit, no eagle; when I see an opportunity, I strike hard.
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HodlKumamon
· 12-23 06:57
Falling for 9 days without fear, I love this logic, but it's easy to lose your mindset when executing...
Speaking of this trap, it sounds like it's teaching us to make quick money, but the bear believes that real profits are actually in the boring wait.
7% and I'm out? I need to calculate how significant this wave really is.
The stop loss bottom line is right, but most people can't even hold out for a day before looking for excuses.
It's amazing how hard it is to distinguish between the coins I’m optimistic about and the ones that have risen for 2 days, figuring out which to buy the dip and which to run.
This system sounds simple, but in reality, it's probably learned by taking a few more losses than others.
I believe in volume and price not diverging, but high volume at a peak doesn't necessarily mean an escape signal...
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MEV_Whisperer
· 12-23 06:50
This theory sounds great, but in practice, it's still easy to get played for suckers.
To put it bluntly, the key is still the mindset; most people can't stick to strict execution.
I acknowledge that not being scared after falling for 9 days is one thing, but whether one can really hold on is the turning point.
However, that logic of "losing the previous day must be made up the next day" feels a bit too aggressive.
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MEVictim
· 12-23 06:46
Those who haven't exited after falling for 9 consecutive days are truly ruthless; I panic like crazy after just 3 days.
Dedicated to those who wish to change their lives through trading: 10 unforgettable market rules
$BTC $ETH $BNB
A promising coin has fallen for 9 consecutive days? Don't be scared, this is often a buildup before a big rebound. On the contrary, if it has surged for 2 days, it's time to reduce your position.
Cryptocurrencies that rise more than 7% usually continue to soar the next day — but the surge is a signal to exit. Don’t chase after big gains, wait for a sufficient pullback before getting on board.
The calm days test patience the most. If the market remains flat for three consecutive days, take another look after three days, and if there is still no change, decisively switch coins. The losses from the previous day must be recovered the next day, otherwise exit immediately—this is the bottom line for stop-loss.
The chart of price increases has a pattern: if there is a 3% increase, there must be a 5% increase; if there is a 5% increase, there must be a 7% increase. At this point, if it rises for 2 consecutive days, you should buy on the dips, and by the fifth day, you should exit.
The relationship between volume and price is the essence of everything. Pay special attention to breakthroughs on increased volume at low levels; if there is increased volume at high levels but the price does not rise, don't hesitate, just exit quickly.
Only trade coins in an upward trend: the 3-day line is rising with short-term gains, the 30-day mid-term line is on the rise, the 80-day line supports the main upward wave, and the 120-day long-term line is steadily moving upward—none of these four conditions can be missing.
The secret to turning small funds around is actually quite simple: the right method, a steady mindset, strict execution, and the patience to wait for opportunities.
My trading system is so simple that it's a bit funny: no rabbit, no eagle; when I see an opportunity, I strike hard.