I have tried many trading methods, and most lack practicality. This method has allowed me to achieve relatively stable profits, and I am still using it now, high and stable. Don’t worry about whether you can learn it; you have simply overlooked a method. If you can master this method and pay attention to it in future trades, you can earn at least 5 to 15 points more each day.
1 Add the cryptocurrencies with an increase in the past half month to your watchlist, but be careful to exclude those that have dropped for several days to avoid funds escaping after making profits.
2 Open the candlestick chart and look for cryptocurrencies with a golden cross on the monthly MACD.
3 Open the daily candlestick chart, focusing only on the 60-day moving average. As long as the coin price retraces to near the 70-day moving average and a volume candlestick appears, enter the market with significant capital.
4 Once you enter the market, use the 60-day moving average as a standard. If the price is above it, hold; if it’s below, sell. There are three key details: First, when the price increase of the wave exceeds 30, sell two-thirds. Second, when the price increase exceeds 50, sell another two-thirds. The third and most important part, which determines whether you can profit, is that if you buy on that day and some unexpected situation arises where the price directly falls below the 70-day moving average, you must exit entirely. Do not have any delusions; although the probability of falling below the 70-day moving average using this monthly and daily selection method is very low, we must still have risk awareness. In the cryptocurrency market, preserving your capital is the most important thing. Even if you have sold, you can wait for the right buying conditions to buy back. Ultimately, the difficulty in making money lies not in the method, but in execution. 'If the price directly falls below the 70-day moving average, you must exit entirely. Do not have any delusions.' In summary, you cannot be rigid in the cryptocurrency market; you must learn to adapt to survive in the market, so pay attention to the fact that the overall market and the situation of this coin are often contrary.
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