I have tried many trading methods
Most of them lack practicality, only this method
Has allowed me to achieve relatively stable profits.
You don't need to worry about whether you can learn,
If I can seize this opportunity, so can you.
You just overlooked a method, and if you can learn it:
1. Add cryptocurrencies that have increased in the last half month to your watchlist.
2. Open the K-line chart and only look at cryptocurrencies with a MACD golden cross on the monthly level.
3. Open the daily K-line chart and only look at a 60-day moving average.
As long as the coin price retraces to around the 70-day moving average,
After a volume K-line appears, enter the market with a heavy position.
4. After entering the market, use the 60-day moving average as a standard; if it's above, hold,
If it's below, exit and sell. This is divided into three details.
The first is when the wave's increase exceeds 30,
Sell six parts out of ten.
The second is when the wave's increase exceeds 50,
Sell another six parts out of ten,
This is also the core that determines whether you can profit.
That is, if you buy on that day,
And some unexpected situation arises,
If the coin price directly falls below the 70-day moving average,
Then you must exit completely,
Do not harbor any luck mentality.
Although the probability of falling below the 70-day line using this method of selecting coins based on the monthly and daily charts is very low,
In the cryptocurrency circle, preserving your capital is the most important thing.
However, even if you have already sold, you can wait to buy back when it meets the buying criteria later.
In the cryptocurrency circle, you cannot be rigid.