Gate Alpha 2nd Points Carnival Round 4 Hot Launch! Trade to Share $30,000 MORE & Alpha Points
Trade $MORE to unlock Listing Airdrops + $300K Points Prize Pool!
💰 Total Airdrop Volume: $30,000 MORE, Limited slots—first come, first served!
✅ Total Points: 2 Alpha Points per trade—accumulate points to share the $300K prize pool!
🔥Trade the Hottest On-Chain Assets First
For more information: https://www.gate.com/campaigns/1342alpha?pid=X&c=MemeBox&ch=vxDB0fQ5
After ten years of Cryptocurrency Trading, I entered the market with a capital of 100,000 and made a furious profit of 5 million. Then, after a huge loss of 5 million, I am now furiously earning 12 million. Today, I, Lao Jiu, decided to share the experiences I have summarized over the years. I will explain how I survived in this market and how I managed to remain undefeated. At the very least, this will help you avoid several years of detours, and what you learn can help you turn the tide!
💎
💎Regarding trading volume: As the saying goes, "Before the troops move, the supplies must be prepared." The formation of an early trend requires trading volume as an essential element, especially the first significant increase in volume after a period of sideways movement, which should be closely monitored. This is not the optimal entry point; after the first increase in volume, there is bound to be a pullback. When the second increase in volume occurs, that is our best entry opportunity!
💎
💎In terms of price: you must pay attention to the closing price; the fluctuations in between are not important. If the closing price can be stabilized, it indicates that the main force is about to take action. How to distinguish between true and false rallies? The conclusion from the old nine is that if the closing price can stay above the resistance level, then the probability of a breakout is very high!
💎
💎Entry Time: Before the breakout, it is best for the coin price to have experienced a long period of consolidation; the longer, the better. The accumulation zone should ideally have less than 10% fluctuation. Once the main force completes a large amount of accumulation, it will surely advance with a devilish pace that leaves no room for looking back!
💎 Regarding resistance levels: It is essential to identify previous resistance levels, for instance, during the previous decline, if there was support in that range and it stayed in that area for a long enough time, then this position becomes the resistance level for the upward movement. Normally, when at a key resistance level, a direct breakout on the first attempt can generally be deemed a false breakout. At this point, it is advisable to exit first and wait for a minor pullback before re-entering!
💎
💎 If you haven't learned yet, there are only two choices now:
(Select A) ❌Gambler
☹️ Continuing to fight alone, relying on luck to make money, will ultimately lose by strength and be submerged in the market's torrent!
-
(Choose B) ✅ Join the Old Nine Team
Follow Lao Jiu closely, analyze with precise strategies, and select with massive investment of millions in AI big data to keep yourself invincible?
💎
The market never lacks opportunities; the question is whether you can seize them. Only by following the right people can you survive in the market for the long term and earn more!
-
Now 💎 join the subscription of Old Nine 💎 Old Nine will take you to pan for gold in the Cryptocurrency Trading sea, steadily reaping the rewards! 🛫🔥
pi btc eth sol