New Strategy for Steady Cryptocurrency Trading: Accurately Capture Rising Signals, Strictly Observe Discipline and Steady Profit
You have to pick those coins that have been on the list of rising prices in the past 11 days, but be careful. If a coin has fallen for more than three consecutive days, don't look at it, maybe all the funds have run away. Open the K-line chart and pick the coins with golden crosses on the monthly MACD. This is usually a good seedling with an upward trend.
Then look at the daily line and focus on the 60-day moving average. If the price of the coin falls back to this line and there is a large trading volume, it is a good time for us to enter the market with a heavy position. Once we enter the market, the 60-day moving average is our lifeblood. We will stabilize the online market and withdraw the offline market quickly.
First, if the band rises by 30%, we will sell one-third first to make some extra money; second, if the band rises by 50%, we will sell another one-third to lock in profits; third, and most importantly, if you buy it on the same day and the price of the coin directly breaks through the 60-day moving average the next day, don't hesitate, sell it all quickly, don't be lucky. Although this situation is rare, we must have risk awareness.
In the cryptocurrency circle, keeping the principal is the kingly way. Even if you sell it, you can get on the train again when the opportunity comes. In the final analysis, making money is not difficult, but it is difficult to abide by the rules. Just like the saying "If the price of the currency breaks the 60-day moving average, sell it all without hesitation", it is difficult to find one out of ten people who can do it.
If you always miss the point and don't know how to operate, you can follow me to communicate and learn with everyone. The circle is very important. If you want to continue to be a lone wolf, you have to think about your own strategy.