A trading strategy based on technical analysis and technical indicators
This strategy is one of the most common methods among traders in financial markets, especially the cryptocurrency market. The strategy relies on combining technical analysis using support and resistance levels, with three main indicators: the Relative Strength Index (RSI), the Moving Average (MA), and the Moving Average Convergence Divergence (MACD). It starts by analyzing the price to determine the overall trend, then uses the 50 and 200 moving averages to identify golden or death cross areas. The signal is then confirmed through the RSI indicator when it is in overbought or oversold areas. Finally, the MACD is used to confirm momentum through line crossovers. The goal of this strategy is to enter trades with a high success rate based on confirmed and multiple signals, while adhering to strict capital management.
