I have tried many trading methods for cryptocurrency, and there is one of the most foolish ways to trade.
Most methods lack practicality, but only this method
has allowed me to achieve relatively stable profits.
You don't have to worry about whether you can learn it,
if I can seize this opportunity, so can you.
You have just overlooked one method; if you can learn it:
1. Add cryptocurrencies that have increased in the past half month to your watchlist.
2. Open the candlestick chart and only look at the cryptocurrencies with a MACD golden cross at the monthly level.
3. Open the daily candlestick chart, here only look at the 60-day moving average.
As long as the coin price retraces to around the 70-day moving average,
after the appearance of a large volume candlestick, enter the market with a heavy position.
4. After entering the market, use the 60-day moving average as a standard; hold when above it,
and sell when below it. In total, there are three details.
The first is when the segment's increase exceeds 30,
sell two-sixths.
The second is when the segment's increase exceeds 50,
sell another two-sixths as well.
This also determines whether you can make a profit.
If you buy in on that day,
and some unexpected situation occurs,
and the coin price directly falls below the 70-day moving average,
then you must exit completely,
don't hold any wishful thinking.
Although the probability of falling below the 70-day line with this method of selecting coins based on monthly and daily lines is very small,
in the cryptocurrency world, preserving your capital is the most important thing.
However, even if you have already sold, you can wait until it meets the buying conditions again to buy back.
In the cryptocurrency world, you can't be stubborn.