#ETH Cryptocurrency Speculation for ten years, 50,000 entered the market, now using cryptocurrency speculation to support the family! It can be said that I have used 80% of the market's methods and techniques. If you want to treat cryptocurrency speculation as a second profession to support your family, sometimes it's good to listen and observe more. You will discover some things beyond your understanding, at least it can save you from taking the wrong path for five years.

How to judge whether a currency has formed a breakthrough? You can start from four aspects: volume, price, time, and space.
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1. Volume: Before the troops move, the provision should be made first. In the early stage of trend formation, volume is an essential part, especially the first volume after a long period of sideways movement. We need to pay special attention to it. However, this is not the best entry point. Generally, the second volume surge after a pullback and the end of market maker whipsaw is the real opportunity for us.
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2. Price: Generally, pay attention to the closing price. No matter how volatile the process is, if the closing price can stabilize, it means that the market maker is really active! This is the key to distinguishing true and false breakthroughs. In summary, if the closing price can be above the resistance level, the probability of a true breakthrough will greatly increase.
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3. Time: Before the breakout, it is best for the coin price to have gone through a long period of consolidation with low trading volume. The duration should be more than 3 months, and the concentration of chips should be less than 10%. Only then can the market maker accumulate enough and the subsequent rally will have stronger explosive power.
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4. Short: To identify the key resistance level, the resistance level here may be the starting and ending position of the volume adjustment in the early stage, or it may be the neckline position of the W-bottom and head and shoulders bottom, or it may be the integer level of the coin price. As long as the resistance level is clear, once the coin price breaks through, the potential gain can also be easily measured.
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The basis for judging the breakthrough of sideways lies in the above four dimensions. In order to deepen everyone's understanding, K God has decided to share with everyone some of the cryptocurrency trading notes that I personally wrote and have cherished for many years. Each summary in it represents the essence formed by countless days and nights of reviewing.
Give roses to others and your hands will smell of fragrance. Share dry goods irregularly!
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