1. Trend Definition
- Indicators: Use EMA(50) (95,720.78) and MACD.
- If the price is above EMA(50) and MACD (DIF > DEA), the trend is upward.
- If the price is below EMA(50) and MACD (DIF < DEA), the trend is downward.
- Current situation: Price (104,232.89) is above EMA(50), but MACD is negative (-168.39), indicating potential weakness in the trend.
2. Entry Points
- Buy (Long):
- Price bounces off EMA(50) or support level (103,060.00).
- MACD crosses DEA from bottom to top.
- RSI(14) (64.23) below 70 (overbought).
- Sell (Short):
- Price falls below EMA(50) or resistance level (106,853.27).
- MACD crosses DEA from top to bottom.
- RSI(14) above 30 (oversold).
3. Risk Management
- Stop-loss:
- For Long: Below the local minimum or EMA(50).
- For Short: Above the local maximum or EMA(50).
- Take-profit: Lock in profits at resistance/support levels or when RSI > 70/<30.
4. Additional Filters
- Trading volume: Confirm the trend with increasing volume.
- Bollinger (BOLL): Use to determine volatility.
5. Example with current data
- Watch MACD: if DIF starts to rise, consider buying.
- Stop-loss: 103,060.00 (minimum in 24h).
- Take-profit: 106,853.27 (maximum in 24h).
This strategy minimizes risks by using trend confirmation and strict capital management.
#btc #BTC #CryptoAdoption #BinanceAlphaAlert #SaylorBTCPurchase