If you are a new trader and do not know how to start trading, read this post
I was a new trader as well, and it took me really lots of time to determine when i can trade. I was just trading and losing without knowing why
Add these indicators to your chart
RSI, MACD, MA50
RSI => if RSI is between 50-70, its a potential buy, if 30-50 =>potential sell
MACD
MACD line
crossing above signal line = Bullish
MACD below signal line = Bearish
MA50
Price above MA = Uptrend
Price below MA = Downtrend
It is a must that all the 3 indicators should point to the same trend : bulish or bearish
If one of them is not showing the same trend, do not place a trade!!!!!
Let me know what do you want to know more, I will make a post
#Write2Earn #RSI #MACD #MA #cryptotrade