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After ten years of Cryptocurrency Trading, with an initial capital of 80,000, I made a profit of 12 million. Currently, I am a full-time cryptocurrency trader supporting my family. If you also want to pursue Cryptocurrency Trading as a career and rely on it like I do to make a living, you often need to listen more, watch more, and learn more. Naturally, you will learn some things beyond your current understanding, which can help you avoid many detours. Looking at today's crypto world, I can't stand seeing others lose money. Today, I've decided to share how I've survived in this market over the years and remain undefeated! 👇
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In terms of volume: As the saying goes, before the troops move, supplies must be prepared. The formation of a trend in the early stage is an essential part, especially the first time volume increases after a period of sideways movement, which should be closely monitored. This is not the best entry point; the first increase in volume will definitely lead to a pullback. When the second increase in volume occurs, that will be our best entry opportunity!
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💎In terms of price: it is essential to look at the closing price; the fluctuations during the day are not important. If the closing price can stabilize, it indicates that the main force is really going to take action. How to distinguish between a real and fake pump? The summary from Lao Jiu is that if the closing price can stay above the resistance level, then the probability of a breakout is very high!
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💎Entry time: Before the breakout, the coin price should ideally have experienced a long period of sideways accumulation, the longer the better. The chip concentration area should ideally have less than 10% volatility. Once the main force completes a large amount of accumulation in such a setup, it will surely charge forward with a devilish stride, without looking back!
💎Regarding resistance levels: It is essential to identify previous resistance levels. For example, during previous declines, if there was support in that range and it stayed in that area long enough, then this position becomes a resistance level for upward movement. Normally, when reaching a critical resistance level, the first direct breakout can generally be considered a false breakout, and at this point, it is advisable to exit the market and wait for a minor pullback before re-entering!
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💎 If you haven't learned yet, there are only two options now:
(Select A) ❌Gambler
☹️ Continuing to fight alone, relying on luck to make money, will ultimately lead to losing by strength and being submerged in the market's torrent!
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(Choose B) ✅ Join the Old Nine Team
Follow Lao Jiu closely, analyze with precise strategies, and use a huge investment of millions in AI big data selection to ensure you stand invincible?
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The market never lacks opportunities; the question is whether you can seize them. By following the right people, you can survive in the market for the long term and earn more!
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Join the subscription of Lao Jiu now 💎 Lao Jiu will take you to pan for gold in the crypto world, steadily making profits! 🛫🔥
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