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After ten years of Cryptocurrency Trading, I entered the market with a principal of 100,000 and furiously earned 5 million, then from a huge loss of 5 million to now angrily earning 12 million. Looking at the current crypto world, I can't bear to see others lose money. Today, I, Lao Jiu, have decided to publicly share my experiences over the years. I will explain how I survived in this market and how I remained undefeated. At the very least, this will help you avoid years of detours, and what you learn can directly turn your losses into victories! 👇
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💎Regarding volume: The so-called "before the army moves, the supplies must be ready." The formation of the trend in the early stage is an indispensable part, especially the first volume increase after a period of sideways movement, which should be the focus. This is not the best entry point; a pullback is inevitable after the first volume increase. When the second volume increase occurs, that is 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 be stable, it indicates that the main force is about to take action. To distinguish between a genuine and a false breakout, Lao Jiu's summary 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, it is best for the coin price to have experienced a long period of sideways consolidation, the longer the better. The area of concentrated chips should ideally have less than 10% volatility. Once the main force completes a large amount of accumulation in such a mark, it will surely step forward with a devilish pace, leaving no room for retreat!
💎Regarding resistance levels: It is essential to identify previous resistance levels. For instance, during a previous decline, if there was support in that range and it stayed there long enough, then that position is the resistance level for an uptrend. Normally, when at a key resistance level, the first direct breakthrough can generally be deemed a false breakout. At this position, it is advisable to exit first and wait for a minor pullback before re-entering!
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💎 If you haven't learned yet, there are only two choices now:
(Choose 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 Squad
Keep up with Lao Jiu, use accurate strategy analysis, and invest heavily in millions of Ai big data to make yourself invincible?
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The market never lacks opportunities; the question is whether you can seize them. Only by following the right people can you survive in the market for the long term and earn more!
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Join the subscription now 💎 Old Nine will take you to pan for gold in the crypto world, steadily reaping rewards! 🛫🔥
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