🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
As a full-time Cryptocurrency Trader, I always keep in mind the 10 golden rules of the crypto world, worth reading 100 times, must remember it.
I have been trading stocks for 8 years now. In the first 3 years of entering the market, I brought in a starting capital of 1 million, but only have 120,000 left. All my relatives and friends advised me to give up, thinking that my way of Cryptocurrency Trading is the stupidest method, neglecting the family, lacking ambition, and so on!
The harshest words have been said to me! I almost gave up at that time, feeling unworthy of myself!
But I am not willing to give up. I gave myself another chance with the last 120,000! Then I continued to focus and explore. With the remaining 120,000 principal, I earned over 27.5 million in 3 years!
No bragging! When you truly summarize a set of methods that belong to you, strictly follow the methods, and you will definitely be able to turn things around!
Day Trading Skills and Points to Note
1. Market sentiment can be analyzed from the changes in trading volume and open interest to determine the strength and weakness of the bulls and bears.
If the volume increases but the price does not fall, it may be about to stop falling. If the volume increases but the price does not go up, the short-term rise may be coming to an end.
The requirements for volume in the process of rise and fall are different.
Rising process: It requires a continuous and uniform increase in trading volume. A uniform increase in the 3-minute candlestick chart indicates that the upward trend will continue. If there is a significant decrease in volume,
Or a very large volume appears, the rise may come to an end
Downtrend process: as long as there is a volume increase when breaking through some key levels, the downtrend will continue.
When the price stops rising at a certain level, but the position keeps increasing, and the prices of buy and sell orders are getting lower, it indicates that the price may be about to fall.
Increasing positions in a stagnant market is a great opportunity for shorting, or in other words, increasing positions in a downturn is prone to rebound.
2. Draw key points such as resistance, support, trend lines, etc. on the chart, and take action quickly when the price reaches or breaks through these key points.
I use the golden ratio to predict resistance and support levels myself.
3. Trading Rules Only one variety can be operated within a phase of time.
Continuously track the variety being operated until it no longer has speculative value before giving up.
4. View Market Window: One-minute window--This is prepared for grasping the timing of entry and exit;
3-minute window--This is used to monitor the situation after entering the band;
30-minute or 60-minute window--used to monitor changes in intraday trends at any time.
Here's a word of caution for everyone: there are huge opportunities for trading. If you get stopped out, don't rush to make it back immediately.
Stop loss, this order is completed, the next order is a new one, earn as much as you want, do not set the target for the next operation based on the previous operations, otherwise you will lose every time.
Finally share this move, with a success rate of 99%, suitable for everyone
The method I'm sharing with you today is actually very simple. Even if you are a novice in the crypto world, as long as you follow this method strictly, you can easily make money.
First, we need to set the moving averages on the K-line chart to three moving averages, namely the 5-day moving average, 15-day moving average, and 30-day moving average. The 30-day moving average is the lifeline, a strong support or resistance line. Then we can trade based on these three moving averages.
1. The selected [ #BTC# ] must be in an uptrend, of course, it can also be in a consolidation phase, but not in a downtrend or when the moving average opens
If all the mouths are facing downward, then it must not be chosen.
2. Divide the funds into three equal parts. When the price breaks through the 5-day moving average, lightly enter 30% of the position, and wait for the price to break through the 15-day moving average.
Buy 30%, similarly, break through the 30-day moving average to buy the last 30%, this requirement must be strictly enforced.
3. If the currency price does not break through the 15-day moving average after breaking through the 5-day moving average, but instead experiences a pullback, as long as the pullback does not break the 5-day line +, maintain the original position, and sell if it falls below.
Similarly, if the coin price breaks through the 15-day moving average but fails to continue to rise, and retraces without breaking through the 15-day moving average, continue to hold; if it falls below, sell off one-third first, do not break the 5-day moving average, continue to hold one-third of the position of the 5-day moving average.
5. When the coin price continues to break above the 30-day moving average and then retraces, sell once according to the previous method.
6. On the contrary, when the price of the currency is high, if it falls below the 5-day moving average, sell 30% first, and if it does not continue to fall, hold the remaining 60% position. If the 5-day, 15-day, and 30-day moving averages all fall below, sell everything, do not hold any illusions.
This "foolproof" operation method, although simple, the most important thing is to have execution. After you buy in, the buying and selling system is formed, and only by strictly following the trading discipline can you earn profits.
#ETH# #GateioInto11# #ContentStar# #BOME#