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When the crypto coin trading volume decreases and its price increases, it means the hidden forces control its price, and therefore its prices continue to rise. If the coin trading volume decreases and the coin prices also decrease, this will be an indication of panic selling, and further decline is also possible. It is better to use other indicator analyses and learn the situation from a broad perspective.
It should be important if you are participating in crypto trading. Always believe in the trend. Don’t make random guesses, and learn some trading patterns. When the prices decline, do not fight with the downtrend, and never believe that you can pick up the coin from the bottom.
When the trend is formed and has its full momentum, follow the trend and become profitable. I have created a list of four bottom rebounds, which you should not follow.
If the crypto coins are on the list of hot coins for several consecutive days, these coins are popular and must have high attention.
- Whenever the coin price declines, the first wave is fierce, and its divergence must be large enough, and the market expectation for its rebound is not great. So keep avoiding this coin.
- If the coin price declines largely, there are two possible scenarios. First, it will have consistent selling pressure, and secondly, the coin price will stay at a relatively low position on the day of the sell-off.
- If the coin faces a huge negative sell-off, the next day could be an unexpected reversal or an unexpected flat or high opening.
- After the coin prices fall, the adjustment or consolidation cannot exceed 3 consecutive days. If this continues further, it means the popularity of this coin has gone. This coin belongs to fraud and scam.
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