#SwingTradingStrategy

The "Uptrend Dip Buy" Crypto Swing Strategy (Super Simple)

Goal: Buy during small dips in an upward-moving crypto, sell when it goes up again.

How it Works (3 Steps):

* Find an Uptrend:

* Look for a crypto where the price is generally going up (making "stairs" that go higher).

* Simple Check: Is the price mostly above its 50-day moving average (a line on your chart that follows the average price)?

* Wait for a Small Dip:

* Let the price pull back a bit, ideally to a previous high point that now acts as "support" (a floor).

* Simple Check: Does it touch or come near the 50-day moving average?

* Buy & Set Your Limits:

* Buy: When you see the price "bounce" up from that dip/support. Look for a strong green candle.

* Stop-Loss (Protection): Place it just below the dip/support level you bought at. NEVER trade without this!

* Take-Profit (Target): Identify the next "resistance" level (a ceiling where it previously struggled) above your buy point.

Think of it like this:

You see a ball bouncing up a staircase. You wait for it to hit a step (support) on its way up, then you "catch" it as it bounces, and release it at the next step (resistance) higher up.