Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#特朗普加密货币政策新方向 Want to earn some living expenses with Digital Money? Then you need to first understand one question - what kind of coin is really about to da moon, and not just a market maker's scam. Crypto Veterans know to look at "volume, price, time, and space", but how do you do that? Let me break it down for you.



Let's talk about the price first. Don't be scared by the fluctuations during the day; what really matters is the closing price. If the market maker is serious, the closing price must firmly stand above the key resistance level; this is a hard rule. What is a resistance level? It could be the starting point of a previous sharp decline, the neckline of a W bottom or head and shoulders bottom, or even just a round number. If you find the right position, you'll have an idea of how much it will rise later.

Look at the trading volume again. There is an old saying, "low volume indicates low price," and the reverse is also true—after a long period of consolidation, a sudden increase in volume usually means the market maker is testing the waters. But don't rush in; wait for it to wash out and pull back, and then get in when the second volume surge occurs—that's the real opportunity.

The time dimension is the easiest to overlook: the sideways movement should last long enough, at least starting from three months, and the concentration of chips should preferably be below 10%. If the market maker's accumulation is insufficient, the subsequent rise will be like not having enough to eat, and it won't be able to run.

Looking at these four angles together, false breakouts can basically filter out more than half. $BTC $XRP These mainstream coins are especially applicable because the market cap is large enough and the technical patterns are clearer.
BTC1.32%
XRP0.41%
SOL1.37%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)