Buy horizontal, buy the pit, do not buy vertical; the selling point is right at the boiling point. Continuous small increases are real increases, but continuous large increases require exiting. A sharp drop with no volume is intimidation; a gradual drop with increasing volume means you should withdraw quickly. A significant rise requires a pullback; avoid digging deep pits and making large purchases.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
"Classic Trading Volume Mnemonics"
Buy horizontal, buy the pit, do not buy vertical; the selling point is right at the boiling point.
Continuous small increases are real increases, but continuous large increases require exiting.
A sharp drop with no volume is intimidation; a gradual drop with increasing volume means you should withdraw quickly.
A significant rise requires a pullback; avoid digging deep pits and making large purchases.