#数字货币市场回调 Treating digital asset trading as a side job? Want to rely on this to subsidize your household expenses or even support your family? Then I advise you to observe more and ponder deeply. The insights hidden in the market can take you years to digest. It's always better to know about some pitfalls in advance than to fall into them.
When it comes to determining whether a cryptocurrency can truly break through, seasoned players will focus on four dimensions - volume, price, time, and space. Sounds abstract? Break it down and you'll understand.
First, look at the volume. For the market to start, the trading volume must first pick up. Especially those that have been flat for a long time and suddenly see an increase in volume must be closely monitored. But don't rush in; entering the market at this time can easily lead to being trapped. Where is the real opportunity? Wait for the main force to test the market and wash out the chips, and when the second wave of increased volume occurs — that is when you should take action.
Look at the price again. Here's a detail: no matter how much it jumps up and down during the day, the key is to look at the closing price. If the closing price can hold above the resistance level, then it’s a true breakout. No matter how thrilling the process is, it’s just a facade; the closing price reflects the true attitude of the major players. Remember this, and it will help you filter out a large number of false breakouts.
The time dimension is also crucial. Before breaking through, it is best if the price has been consolidating with low volume for at least three months. What about the concentration of chips? Keeping it within 10% is ideal. Such targets indicate that the main force has accumulated enough, and once it starts, the explosive power will be strong.
Finally, there is space. You need to mark out the key resistance levels - it could be the starting point of a previous volume drop, the neckline of a W bottom or head and shoulders bottom, or it could be a round number. Once the resistance levels are clear, you will naturally have an idea of the upward space after the breakout.
By combining these four dimensions, it is possible to basically determine the authenticity of most horizontal breakout movements. $BTC $XRP these mainstream assets all apply this logic.
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ProposalManiac
· 12-05 19:58
It's best not to make any moves during a bear market.
View OriginalReply0
Layer2Arbitrageur
· 12-04 15:16
Basic ta lmao. Show me mev
Reply0
PonziWhisperer
· 12-04 11:49
The key is to see who is dominating the market.
View OriginalReply0
Beifan
· 12-02 21:48
Little Fan
View OriginalReply0
SelfRugger
· 12-02 21:08
Experience is earned through blood.
View OriginalReply0
Whale_Whisperer
· 12-02 21:01
Valuable insights are worth collecting.
View OriginalReply0
RiddleMaster
· 12-02 21:00
You need to maintain a stable mindset when watching the market.
View OriginalReply0
DevChive
· 12-02 20:52
Volume falls and price falls is the real breakthrough.
#数字货币市场回调 Treating digital asset trading as a side job? Want to rely on this to subsidize your household expenses or even support your family? Then I advise you to observe more and ponder deeply. The insights hidden in the market can take you years to digest. It's always better to know about some pitfalls in advance than to fall into them.
When it comes to determining whether a cryptocurrency can truly break through, seasoned players will focus on four dimensions - volume, price, time, and space. Sounds abstract? Break it down and you'll understand.
First, look at the volume. For the market to start, the trading volume must first pick up. Especially those that have been flat for a long time and suddenly see an increase in volume must be closely monitored. But don't rush in; entering the market at this time can easily lead to being trapped. Where is the real opportunity? Wait for the main force to test the market and wash out the chips, and when the second wave of increased volume occurs — that is when you should take action.
Look at the price again. Here's a detail: no matter how much it jumps up and down during the day, the key is to look at the closing price. If the closing price can hold above the resistance level, then it’s a true breakout. No matter how thrilling the process is, it’s just a facade; the closing price reflects the true attitude of the major players. Remember this, and it will help you filter out a large number of false breakouts.
The time dimension is also crucial. Before breaking through, it is best if the price has been consolidating with low volume for at least three months. What about the concentration of chips? Keeping it within 10% is ideal. Such targets indicate that the main force has accumulated enough, and once it starts, the explosive power will be strong.
Finally, there is space. You need to mark out the key resistance levels - it could be the starting point of a previous volume drop, the neckline of a W bottom or head and shoulders bottom, or it could be a round number. Once the resistance levels are clear, you will naturally have an idea of the upward space after the breakout.
By combining these four dimensions, it is possible to basically determine the authenticity of most horizontal breakout movements. $BTC $XRP these mainstream assets all apply this logic.