All people immersed in cryptomoney trading must already know or be aware of the high volatility of this type of asset, due to regulations, rules, sometimes hacking companies that are in charge of making exchanges digital currencies are subject to exchange or continuous fluctuation of their prices.
In the last week the most recognized exchange house in Malasya, Hat-tre-Hawere-Cryptocurrencies to which it was intervened by the government of this country, caused that the majority of cryptocurrencies tended to decrease.
Maybe you wonder why a news or fact of this, that quickly expands all over the web makes the price of cryptocurrencies lose their value, and the fact is that most people who have high bitcoin accounts, bitcoin cash , ethereum, ripple, Litecoin or any of these cryptocurrencies that are in the top 100 of the page https://coinmarketcap.com/ stop buying or making transactions with these digital assets, you know that the price or value thereof is given mainly by the use and acceptance that each cryptocurrency has in the global market, as a result, the more a currency is used, the more value it will have, the opposite way when they stop using or not having movement.
According to Argeth Borlly, One of the magnates of cryptocurrency investments, anyone who wants to be successful in the world of cryptomoney trading must be aware of all the news, events, facts, relevant points that daily, hourly , minute and second is given in the world of crypto currencies since these facts depends on the rise or fall of the value of each asset.
Ruptures Of resistances must be confirmed with another signal
There is nothing more important for a trader than choosing a good time to enter and exit the market. One of the keys to trading is the correct application of the mechanisms
of entry and exit in markets, lecture given by Luis García Langa, training director of aulafinanzas.com, who stressed the importance of factors such as market trends, volatility or even good or bad news that may affect an asset . Once the objective is in the trader’s point of view, «we must take into account some factors such as, for example, the breaking of resistance, which should be confirmed with some other signal, such as a stocking or a candle of change of trend ». In his view, the importance of the workspace is key, and you have to flee the graphics too cumbersome. The signals on which Garcia Langa relies most are, both the consolidation of supports and the breaking of resistances, the very stable guidelines, the importance of Fibonacci to stop the setbacks or the use of media crosses.
In addition, it is good that the trader uses a series of complements in their operations, among which García Langa highlighted, for example, the Japanese candlesticks, the simplest, especially in changes of trend, or some oscillator such as stochastic, to offer confirmation signs
Finally, this expert considered key “operate with a defined purpose” and a “stop loss” always marked at the time of purchase, trying never to not pursue the price. In addition, he is in favor of not buying back the same value, neither when it is won nor when it is lost.
Trading techniques to win in market ruptures
Trading techniques to gain in market ruptures Operational range, intermediate or maximum and minimum relevant areas, concepts to take into account, according to Carlos Galán.
Detecting a market rupture is important to obtain benefits with trading, and this is precisely the presentation of Carlos Galán, CEO of escuelatrading.es and scalping.es. Thus, according to Galán, every good system of speculation must be based on three pillars, analysis, patience and discipline.
But also, “the trader must have very clear concepts, such as the main operating range or the intermediate areas that are in all the graphs, so that can detect when it is near a relevant maximum or minimum. From here, Galán focused on concepts such as breaking resistance, adjusting supports or, more importantly, false breaks and how to detect them.
In addition, Galán stressed the importance for trading of some concepts, such as golden ranges, the basis of Fibonacci retracements, which in turn reflects a reality already accepted by the vast majority of experts, the fractality of the markets.
In short, the idea is very simple. If I know how the market is structured, before a movement either up or down, I can determine objectives and establish my benefits.
Basically, the idea underlying these concepts is simple but powerful. The market is like “a great puzzle of infinite pieces and of different sizes”, it is a fractal system in which even the smallest of movements has the same proportion as the whole; Only by approaching the market from this perspective will the trader be able to find a logic and be able to predict the objectives of the following developments. Based on these concepts, Galán has created the system S.A.R. (System Aureos Ranges) that offers mathematical hope over 80 percent.
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