A golden tip for profitable trading and successful investment.
Always look at the currencies whose projects and teams are strong and have a direct connection to the world of crypto and blockchain. Their projects cannot be overlooked, such as layer one and two and infrastructure that connects the real market with the crypto market and respects the crypto laws due to their liquidity strength: ATOM - ICP - ALGO - BAT.
Not to mention the artificial intelligence currencies and all the currencies that have a future in their projects that humanity aspires to and is moving towards needing.
FET - POL - RENDER - AI - CGPT
Choose your currencies based on the world's economic needs by linking the real market to crypto; this is the biggest indicator you should rely on before any technical analysis.
ADA-XRP
Then rely on being at the last bottom or the one before it, no more, after it has previously touched a respectable price and peaks. Your analysis should always be on the weekly frame, and there should be a selling saturation with RSI below 30. It is advisable to enter during corrections; at that time, buy and divide the purchase into DCI. Buy with a third of the amount; if the correction ends and the upward indicator is confirmed, buy with another third. Then there will be a correction before the bull run; buy with the last third and be assured of profit after a medium or long term. The winner in this world is always the patient trader, while the trader who wants daily gains for a salary relies on highly volatile currencies that fluctuate with minimal news and rumors and are greatly affected by BTC, like meme coins and Telegram bots, and it is better to avoid them. The biggest loser in this world is the futures contract addict; if you give him once, he will bankrupt you one day forever.