#加密市场反弹
Hello everyone, I am a college student determined to stock up on 20,000.
Today I will share with you a very easy-to-use market observation technique — the clever use of MA(7).
First, set the moving average MA value in Binance; the default is usually MA5, but this follows the usage in the stock market, where the market opens 5 days a week using MA5, while in the crypto world, the market opens 7 days a week using MA7.
The specific usage is that during an upward trend while holding assets, if the price falls below MA7, you can consider selling your holdings; when looking for entry opportunities, as long as the price stabilizes above MA7, you can consider buying.
Note that 'falling below' refers to a real drop, meaning the closing price of the candlestick is below MA7; 'stabilizing' refers to a real stabilization, meaning the closing price of the candlestick is above MA7.
Applicable level: best used at the daily level.
For example, buying and selling BNB,
In Figure 1, on August 8, 2024, the closing price is above MA7, buy;
Then looking at Figure 2 on August 25, 2024, the closing price is below MA7, sell;
Next, looking at Figure 3 on September 9, 2024, the closing price is above MA7, continue to buy.
......
This is an entry-level operation, so you don't need to pursue extreme precision in point positions; it is sufficient for beginners.
Thank you for reading ❤️