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When the market shows a general rise, be sure to control your hands!
First, don't change your position. Since you chose this coin in the first place, whether it rises or not is your choice. If you switch positions and it does rise, it will create a psychological shadow for you;
Secondly, for those who do trend trading, it is important to grasp the timing of getting on board when breaking through the resistance. Sometimes missing it could mean a big pump ahead.
Thirdly, don't blindly chase after it, especially when it rises to a new high and encounters a strong resistance level. Once it retreats, you will be at the top of the mountain. Trading is about waiting for opportunities.
Do the right-side trading order: Break through the key level, do not hesitate to chase, it's time to attack when the market is good.
For those who are on the short side, if you are still in a Short Position and have been waiting, then just wait patiently. If you miss the best get on board opportunity on the left, you can only look for opportunities to enter on the short-term hourly chart or daily candlestick after a pullback.
Don't be the kind of person who waits for a pullback to enter the market and ends up chasing the peak. That's just sad!
Don't wait for a trend on the right side, it's best to enter when it breaks through instead of waiting for a pullback and missing the best trend.
First, position yourself well, and then choose how to plan your trades.
Are you more suitable for playing as a streamer who catches the bottom on the left side, or are you someone who waits for the trend to become clear before entering?
Two investment methods, there is no right or wrong, just whether it suits your personality and habits.
What works for me may not work for you, because I am someone who is willing to bear 90% of the losses and it doesn't affect my mindset!
So I'm a left-side catch the bottom person, and I'll have my plan to complete multiple dips for Margin Replenishment.
If you are a person whose mindset collapses when the price falls by 20%, then you are not suitable for my strategy. You are only suitable for taking positions on the right side of the trend and entering the market when the market signals are clear!
But this requires a certain amount of Candlestick knowledge,
If you don't study, summarize, or change, just go play with Tu Gou. A few hundred U can be won at a time, and there will always be a right time for it. You can make money by relying on luck, and there are also explosions of wealth!