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Judging Price Trends: "Stacking Boxes" Method

时间:2024-01-16|浏览:266

欧易

欧易(OKX)

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币安

币安(Binance)

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If you have learned the basic method of judging market prices from the previous tweet, this tweet will tell you my method of judging price trends.The following uses the daily K cycle of as a graphic example:I personally think that price trends are like "stacking boxes"The upward trend is unilateral rise - box shock - unilateral riseDownward trend is unilateral decline - box shock - unilateral declineSo when you are in a downtrend, how do you think the downtrend has reversed?That is - "Generate a new cabinet with a support area higher than the old cabinet in front"What if the uptrend reverses?That is - "Producing a new cabinet with a lower resistance area than the old cabinet in front"This is why I have been emphasizing in the past few days that if BTC wants to rebound in the short term, it needs to break through 43300 and stand firmly above it, because this is the prerequisite for "generating a new box with a support area higher than the previous old box" .‼ ️If this tweet is helpful to you, I hope you can give me a like and comment, thank you for watchingJUDGINGPRICETRENDSSTACKINGBOXESMETHOD

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