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 have to worry about whether you can learn it,
If I can seize this opportunity, so can you.
You just overlooked a method; if you can learn it:
1. Add the cryptocurrencies that have seen an increase in the past half month to your watchlist.
2. Open the candlestick chart and only look at the cryptocurrencies with a monthly MACD golden cross.
3. Open the daily candlestick chart; here only observe the 60-day moving average,
As long as the coin price retraces to around the 70-day moving average,
And a large volume candlestick appears, then enter the market heavily.
4. After entering the market, use the 60-day moving average as a standard: hold when above it,
And sell when below it. This is divided into three details.
The first is when the wave's increase exceeds 30,
Sell off 60%.
The second is when the wave's increase exceeds 50,
Sell off another 60%.
This is also the core that determines whether you can make a profit,
That is, if you buy in on the same day,
And some unexpected situation occurs,
The coin price directly falls below the 70-day moving average,
Then you must exit completely,
Don't hold any luck mentality.
Although the probability of falling below the 70-day moving average using this monthly and daily selection method is very low,
In the cryptocurrency market, 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 conditions later.
In the cryptocurrency market, you can't be rigid.