TIPS ON HOW TO FIND A COIN TO TRADE ( Short Position).
1. Check the 24hrs change of the coins 1 Day TF to be precise, make sure it has over stretched to a higher % (e.g 70%) or above
2. Wait for a red candle and some consistent rejection ( doji's) to confirm reversal before entering partially with a leverage.
3. Make sure the RSI is in the overbought (80 above).
4. Check the MACD indicator to ensure the their is about to be a change in trend i.e MACD line crossing the signal line.
5. Make sure the candles have over stretched the Bollinger Bands (upper) to enter a short position
Note:
📌Use these strategies together atleast 1,2,3 &5 must happen.
📌Also with this strategies use only 10% of wallet and leverage between 10x to make liquidation far, have more funds to support trade
📌Take profit between 30-50% of your trade and exit the market.
📌Get a guide!
Follow Me for free Spot and Futures Trading Signals 🔥💯
#BTC #SteveGoshenCrypto
1. Check the 24hrs change of the coins 1 Day TF to be precise, make sure it has over stretched to a higher % (e.g 70%) or above
2. Wait for a red candle and some consistent rejection ( doji's) to confirm reversal before entering partially with a leverage.
3. Make sure the RSI is in the overbought (80 above).
4. Check the MACD indicator to ensure the their is about to be a change in trend i.e MACD line crossing the signal line.
5. Make sure the candles have over stretched the Bollinger Bands (upper) to enter a short position
Note:
📌Use these strategies together atleast 1,2,3 &5 must happen.
📌Also with this strategies use only 10% of wallet and leverage between 10x to make liquidation far, have more funds to support trade
📌Take profit between 30-50% of your trade and exit the market.
📌Get a guide!
Follow Me for free Spot and Futures Trading Signals 🔥💯
#BTC #SteveGoshenCrypto