Full-time cryptocurrency trading experience: Keep in mind the iron rules of the cryptocurrency circle, and turning over is not a dream!
This is not bragging. When you really summarize a set of methods that suit you and strictly follow this method, you will definitely be able to stand up again!
Below, I will share with you my intraday trading skills and points of attention:
Look at popularity and emotions: From the changes in trading volume and position volume, you can analyze the popularity of long and short positions.
Pay attention to key points: Draw pressure, support, trend lines, etc. in the chart. When the price reaches or breaks through these key points, you have to take action quickly. I myself like to use the golden section to predict pressure and support.
Comply with trading rules: In a stage, you can only operate one variety. Keep tracking this variety until it has no speculative value before giving up.
Look at the market window: the one-minute window is the key to grasping the timing of entry and exit; the three-minute window is used to monitor the band situation after entering the market; the 30-minute or 60-minute window is used to monitor the change of intraday trends at any time.
Finally, I will share with you a method with a winning rate of up to 99%. This method is very simple. Even if you are a novice in the currency circle, as long as you strictly follow this method, you can easily make money.
The method is to set the moving average on the K-line chart to 5 days, 15 days, and 30 days. The 30-day moving average is the lifeline and is very powerful.
The selected currency must be in an upward trend, and consolidation is also OK, but the downward trend or the moving average opening downward must not be selected.
Divide the funds into three parts. When the currency price breaks through the 5-day moving average, buy one part with a light position, and buy another part when it breaks through the 15-day moving average. Similarly, buy the last part when it breaks through the 30-day moving average.
Similarly, if the currency price breaks through the 15-day moving average and does not continue to break upward, continue to hold it if it falls back and does not break the 15-day moving average. If it falls below, sell the previously bought one first. If it does not break the 5-day moving average, continue to hold the one that holds the 5-day moving average.
On the contrary, when shipping, the price of the currency is at a high level. If it falls below the 5-day line, sell one first. If it does not continue to fall, hold the rest.
The market has experienced a sharp drop. Next, I will prepare some currencies suitable for bottom-fishing as a plan to recover the investment. If you are confused and helpless, follow me! Choice is more important than effort.
