Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Dedicated to those who wish to change their lives through trading: 10 unforgettable market rules
$BTC $ETH $BNB
A promising coin has fallen for 9 consecutive days? Don't be scared, this is often a buildup before a big rebound. On the contrary, if it has surged for 2 days, it's time to reduce your position.
Cryptocurrencies that rise more than 7% usually continue to soar the next day — but the surge is a signal to exit. Don’t chase after big gains, wait for a sufficient pullback before getting on board.
The calm days test patience the most. If the market remains flat for three consecutive days, take another look after three days, and if there is still no change, decisively switch coins. The losses from the previous day must be recovered the next day, otherwise exit immediately—this is the bottom line for stop-loss.
The chart of price increases has a pattern: if there is a 3% increase, there must be a 5% increase; if there is a 5% increase, there must be a 7% increase. At this point, if it rises for 2 consecutive days, you should buy on the dips, and by the fifth day, you should exit.
The relationship between volume and price is the essence of everything. Pay special attention to breakthroughs on increased volume at low levels; if there is increased volume at high levels but the price does not rise, don't hesitate, just exit quickly.
Only trade coins in an upward trend: the 3-day line is rising with short-term gains, the 30-day mid-term line is on the rise, the 80-day line supports the main upward wave, and the 120-day long-term line is steadily moving upward—none of these four conditions can be missing.
The secret to turning small funds around is actually quite simple: the right method, a steady mindset, strict execution, and the patience to wait for opportunities.
My trading system is so simple that it's a bit funny: no rabbit, no eagle; when I see an opportunity, I strike hard.