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🐱 Look at the trend: how to understand the trend, the trend line is divided into long-term trend and short-term trend, long-term trend to see the daily, weekly, monthly, short-term trend to see the 5-minute line, 1-hour line, 4-hour line. The trend is regular, the bull market will rise for a long time, the bear market will fall for a long time, the sudden rise will hit the top and fall, the sudden plunge, and the pin will bottom out and rebound. Look at the volume of volume to pull up and break through the pressure level, bullish, large volume down to smash through the support level bearish. The important point is to pay attention to the trend of the MACD line, which is very effective, this mainly looks at 3 indicators, first, the MACD line runs in the range, bullish above the 0 axis, the trend reverses, bearish below the 0 axis, and the trend does not reverse. The second is the fast line, the slow line forms a golden cross bullish, and the third is the fast line and the slow line forms a dead cross bearish.
🐱Key Points: If the daily closing price can increase, it indicates that the main force is entering the market. If the closing can be above the resistance level, then the probability of a genuine breakout is very high!
🐱Watch the volume: Before a coin rises, the coin price has already gone through a long period of sideways consolidation, with low trading volume. The longer the time, the better. Be patient and wait for the main force to complete the accumulation before suddenly launching a quick rally, at least 3 times.
🐱Rectangle: Usually, a rectangle can be used for marking. When it drops, there is support in that range, and if it stays in that area long enough, then this position is the resistance level for the upward trend. Conversely, it is the support level.