📉 How not to enter a trade at the highs: tips for beginners

Classic mistake: saw a green impulse — bought at the peak — in 5 minutes the price drops, and you are in the red. Familiar? 😅

Here’s how to avoid entering at the highs:

1. Look left on the chart

If the price has already risen significantly in a short time — a pullback is likely coming soon. Don’t give in to FOMO.

2. RSI > 70?

This is a signal of overbought conditions. When the RSI climbs above 70 — it’s better to wait rather than to enter.

3. Candlestick reversal patterns

Long upper shadows, “shooting star”, “evening star” = signal that bullish enthusiasm is fading.

4. Volumes decreasing while price is rising?

The price is rising, but volume is decreasing — it means that the big players are no longer interested. It’s not the time to buy.

5. Wait for a pullback to support level or MA

It’s better to enter on a pullback to MA(25) or to a broken level than to jump on the last wagon.

🧠 Tip: If you’re afraid to “miss out on the rise” — remember: the market will always give a second chance, but not always — a second deposit.

#basics of trading #nofomo #trading psychology #traits #криптопоради