If you are currently at a loss, take a few minutes to seriously read this article! Absolute beginners must take a look ~~~
Step one: Choose the right cryptocurrency
Open the daily chart and first look at the MACD indicator. Only choose cryptocurrencies with a golden cross signal (the MACD line crosses above the signal line from below), especially those that have a golden cross above the 0 axis, as these signals have a higher success rate. Simply put, this is the 'buy signal' given by the market.
Step two: Determine buy and sell based on moving averages
Keep an eye on a moving average - the daily moving average (for example, the 20-day moving average). The rules are only two sentences:
Hold online: When the price is above the moving average, hold with confidence;
Sell immediately offline: Once it breaks below the moving average, clear your position immediately, do not hesitate.
Open the daily chart and first look at the MACD indicator. Only choose cryptocurrencies with a golden cross signal (the MACD line crosses above the signal line from below), especially those that have a golden cross above the 0 axis, as these signals have a higher success rate. Simply put, this is the 'buy signal' given by the market.
Step two: Determine buy and sell based on moving averages
Keep an eye on a moving average - the daily moving average (for example, the 20-day moving average). The rules are only two sentences:
Hold online: When the price is above the moving average, hold with confidence;
Sell immediately offline: Once it breaks below the moving average, clear your position immediately, do not hesitate.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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