Newbies playing with ZEC, nine out of ten die in two pitfalls: fixating on a single time frame and stubbornly sticking to it, or opening positions based solely on intuition. As a result, they either stubbornly hold on against the trend and get liquidated, or chase the price and sell with bearish market, ending up as suckers being played for suckers; getting rekt is the norm.
Want to survive in this market for the long term? Multi-timeframe analysis is not an elective course, it's a survival skill. My "Direction-Point-Timing" three-step approach has been tested with real money, and today I'll break it down.
**First axe: Analyze the trend on a 4-hour cycle** First, clarify the direction, don’t foolishly go against the trend. Are the highs and lows continuously rising? Then wait for a pullback to buy low. Are the highs and lows continuously falling? A rebound is an opportunity to short. Can’t make sense of the sideways fluctuations? Then stay in cash and wait for clear breakout signals before acting. If the direction is wrong, everything after that is just wasted effort.
**Second Axe: 1-Hour Cycle Set Coordinates** With the general direction established, it's time to find specific entry price levels. Previous lows, key moving averages, and trend support lines are potential buying areas. Previous highs and obvious resistance levels should be remembered as references for taking profits or reducing positions. Clearly mark these key positions so that you won't panic and hesitate when placing orders.
**Third Axe: 15-Minute Cycle Timing** This stage only does one thing - timing the entry. Only take action when the price reaches the key level you marked on the 1-hour chart, and a reversal pattern appears or the volume supports the breakout. Didn’t see the signal? Then just wait patiently, don’t get anxious and jump the gun. Most losses come from being too hasty.
**The whole process is connected as follows**: 4 hours to set the overall direction, 1 hour to determine key price levels, and 15 minutes to wait for entry signals. If signals from several time frames conflict? Don't get tangled, just stay in cash and observe for the most stability.
Newbies remember a few phrases: Stop losses must be set, follow the trend always first, speculate less and look at the charts more, trading relies on compound interest, not on a single shot.
In the crypto world, it's not about who makes the most money, but who can endure the longest.
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DeadTrades_Walking
· 11-30 14:53
You're right, I used to be the type of person who made trades on a whim, and now I'm still floundering in the blood.
Multi-timeframe analysis is indeed important, but the hardest part is sticking with it; most people fail due to a collapse in mindset.
This methodology sounds refreshing, but can you really hold back from making moves when executing it? That's the question.
Decision making on the four-hour chart, entering on the one-hour chart, and timing on the fifteen-minute chart sounds simple, but how clear-headed do you need to be to actually do it?
The idea of being in a Short Position and watching is the most painful; who can really sit still and not take action? I know I can't.
Is anyone still playing with ZEC? I thought it was all dead.
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AirdropHarvester
· 11-30 14:53
You're right, it really requires more cycles to work together; sticking to a single cycle can easily lead to getting liquidated.
It's still greed; always wanting to go all in, and in the end, ended up being played for suckers clean.
I've also used this trap before, and it really is more stable, but execution is the key.
Did you really stick to your stop loss? Most people, when they reach a certain position, just want to wait a bit longer.
Really, if you can survive, you've already won; don't compare yourself to those who got rich overnight.
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UncleLiquidation
· 11-30 14:53
The words are good, but there are too many listeners and very few actually put them into practice; most are still just itching to act.
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HashRatePhilosopher
· 11-30 14:49
You're right, using multiple time frames can indeed save lives, but 99% of people simply can't stick to this discipline and end up going back to the old path of momentum investing.
Is it true? Do these three moves actually work? I've tried but always get stuck around the 1-hour positioning.
Staying in a Short Position and observing is the most torturous, but it is indeed better than getting liquidated.
I've been a Crypto Veteran in the crypto world for ten years, and this is the most heart-wrenching part—those who made a lot have all died, while those who have survived haven't really made much.
When the direction is right, it's still easy to get a jump on the market; to put it bluntly, it's still a matter of mindset.
Newbies playing with ZEC, nine out of ten die in two pitfalls: fixating on a single time frame and stubbornly sticking to it, or opening positions based solely on intuition. As a result, they either stubbornly hold on against the trend and get liquidated, or chase the price and sell with bearish market, ending up as suckers being played for suckers; getting rekt is the norm.
Want to survive in this market for the long term? Multi-timeframe analysis is not an elective course, it's a survival skill. My "Direction-Point-Timing" three-step approach has been tested with real money, and today I'll break it down.
**First axe: Analyze the trend on a 4-hour cycle**
First, clarify the direction, don’t foolishly go against the trend. Are the highs and lows continuously rising? Then wait for a pullback to buy low. Are the highs and lows continuously falling? A rebound is an opportunity to short. Can’t make sense of the sideways fluctuations? Then stay in cash and wait for clear breakout signals before acting. If the direction is wrong, everything after that is just wasted effort.
**Second Axe: 1-Hour Cycle Set Coordinates**
With the general direction established, it's time to find specific entry price levels. Previous lows, key moving averages, and trend support lines are potential buying areas. Previous highs and obvious resistance levels should be remembered as references for taking profits or reducing positions. Clearly mark these key positions so that you won't panic and hesitate when placing orders.
**Third Axe: 15-Minute Cycle Timing**
This stage only does one thing - timing the entry.
Only take action when the price reaches the key level you marked on the 1-hour chart, and a reversal pattern appears or the volume supports the breakout.
Didn’t see the signal? Then just wait patiently, don’t get anxious and jump the gun. Most losses come from being too hasty.
**The whole process is connected as follows**: 4 hours to set the overall direction, 1 hour to determine key price levels, and 15 minutes to wait for entry signals. If signals from several time frames conflict? Don't get tangled, just stay in cash and observe for the most stability.
Newbies remember a few phrases: Stop losses must be set, follow the trend always first, speculate less and look at the charts more, trading relies on compound interest, not on a single shot.
In the crypto world, it's not about who makes the most money, but who can endure the longest.