Buy horizontal, buy the pit, do not buy vertical; the selling point is right at the boiling point. Continuous small rises are real rises, while continuous large rises indicate it's time to exit. A sudden drop with no volume is intimidation; a gradual drop with increasing volume means you should quickly withdraw. A significant rise requires a pullback; do not dig deep holes or make 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 Mnemonic"
Buy horizontal, buy the pit, do not buy vertical; the selling point is right at the boiling point.
Continuous small rises are real rises, while continuous large rises indicate it's time to exit.
A sudden drop with no volume is intimidation; a gradual drop with increasing volume means you should quickly withdraw.
A significant rise requires a pullback; do not dig deep holes or make large purchases.