🎯 The only advice to anyone who just wants to trade Spot (simple but much better than many courses)
🔑 1) Learn to read Japanese candlesticks well, know which are red candles, which are green candles, and which indicate the market is ranging.
🔑 2) Only trade on the weekly candles.
🔑 3) Buy when the weekly candle is green, hold tight if it continues to be green, gradually take profits if after a series of green candles there is one red weekly candle. If after a series of green candles there is a series of Doji, then take out half or one-third.
🔑 4) Stay out with Doji candles, and if you accidentally chase, just DCA in price areas where the weekly candles are ranging (the downtrend is being halted), if it ranges for 9 weeks without breaking the low ---》 it could be the bottom.
Look at the #SOL chart (image below) to see that if it's an uptrend, just trade based on the weekly candles, you might not buy at the bottom and sell at the top, but you can't lose. For example: if you buy at the first green W candle after a series of red at 2.4 dollars, you can hold it up to 47 dollars before having any doubts.
🚀 One sign of an uptrend is that EVERY WEEKLY CANDLE IS GREEN CONTINUOUSLY. Conversely, it would be red continuously.
