Are you a beginner in the world of cryptocurrencies and feeling confused by the abundance of indicators and strategies? 🤯
Start with the simplest method and focus on the following:
✅ "Triple Strength" strategy for beginners:
1. Follow the trend
Don't go against the market! Use the Supertrend indicator or EMA 50 to determine the overall trend.
2. Strong entry signal
Use Price Action candles like "bullish engulfing" or "hammer" as clear entry signals.
3. Volume supports entry
If the volume increases with a breakout of a support or resistance level? 👌 Excellent signal!
💡 Best indicators to help:
QQE MOD: to confirm momentum.
Volume Profile: to identify strong accumulation areas.
Price Action Toolkit Lite: for beginners
Start with a small amount of capital, try a demo account first, and practice before taking risks!
📌 Do you want a post about the best coins for quick trading? Or a guide to free tools on TradingView? Write it to me in the comments ⬇️
⚠️ Disclaimer:
The content provided is for educational and analytical purposes only and should not be considered financial or investment advice. Always conduct your own research before making any trading decisions.
