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🔥Short-term Cryptocurrency Trading Six Rules + Attached Chan Theory Diagram Explanation Third Lecture 👇
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1. After the coin price consolidates at high or low levels, it often creates new highs or new lows. Wait for the trend direction to become clear before taking action.
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2. Do not trade during sideways movement;
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3. Buy on a daily line when a bearish candle closes, sell when a bullish candle closes;
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4. The decline slows down and the rebound is slow; if the decline accelerates, the rebound is fast.
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5. Build positions based on the pyramid method.
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6. After the coin experiences continuous ups and downs, it will enter a consolidation phase. At this time, do not sell all at high prices or buy all at low prices. After the consolidation, there will definitely be a change in the trend. If it trends downwards, clear your positions and act promptly.
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