🚨 You don't want to get left behind on an upcoming pump 👇
So here are 7 best tips for every trader and investor so that they know when a coin is about to pump
1. After a price breaks down, don't catch a falling knife yet. Wait for it to reach support.
2. Allow the coin to create necklines and equal highs before entering the price action.
3. Usually, a coin will consolidate first after a breakdown, so wait for a reversal chart pattern to appear before entering.
4. Reversal patterns include double bottom, triple bottom, falling wedge breakout, inverse head and shoulders, etc.
5. When you have spotted a reversal pattern, wait for a neckline or resistance breakout, and enter on a confirmation or retest.
6. Once you have this, always observe if there's a huge volume on that coin.
7. Check coinglass or coinalyze and review the open interest. If the coin has volume and huge open interest, there's a huge chance that the coin is about to pump!
8. Bonus Tip: Always manage your risk and have a stop-loss in place to protect your capital.
Follow @CryptoBusy for more trading tips and market insights!
#BTC $TAO $SOL $RNDR $CORE $ORDI $RUNE $VET $VRA $DOT $LINK $HBAR $PEPE $ARB $JUP $RON $ONDO $PYTH
I woke up with more money than yesterday with the $BTC and $ETH trades.
But I noticed that the money is not what made me happy this morning after seeing the green candles.
What made me happy was to lead my people in the right direction and helping others with my analysis 🔨❤️