- Do not participate in the downward trend, even if the gap between the top and bottom is wide enough. No, to predict where it will go last, therefore you should avoid trading in the downward trend.
2. When the downward trend completes and the coin prices refuse to reach the new low and move upward again, it is an indication that the seller force is weakening. But you should be careful here. Do not rush to buy at this point because if more people are willing to buy at this moment, the coin price will fall again.
3. When a market reaches a long-short equilibrium, there are only three possibilities: upward, downward, and sideways.
4. When the breakout occurs after the long-short equilibrium, the coin price hits new highs and encounters huge resistance, and break through never possible, so it is time to take profit and exit from the market.
5. After the adjustment, it is possible that the coin price will fluctuate sideways near the support. At this point, you can open the short position and make money in support and pressure points, but you do not have high profits. Moreover, there is a risk market direction may be reversed.
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