$BNB Spot Trading... Do you know it?
Many beginners look for a complex strategy or a super indicator, while the real secret often lies in sticking to simple fundamentals!
Today, I will share with you one of the simplest and most powerful ways to start with confidence:
✅ One Candle Strategy + RSI
🔹 Step 1: Switch to a 15-minute timeframe
🔹 Step 2: Add the RSI indicator with a setting of 14
🔹 Step 3: Monitor the overbought and oversold levels (above 70 for selling – below 30 for buying)
🔹 Step 4: Wait for a strong reversal candle (like a hammer or engulfing)
🔹 Step 5: Enter immediately with a target of 1 to 2 times the stop loss
💡 Why is this strategy excellent?
Simple and easy to understand
Does not rely on many indicators
Scalable later on