$BTC $BNB #SCRSpotTradingOnBinance #BinanceLabsInvestsLombard #CMEBTCFuturesRecordHigh

An experienced trader shares their successful eight-year strategy.

The Three Moving Average Approach

Key Components

1. 5-Day Moving Average (MA): Short-term indicator for quick price response.

2. 15-Day Moving Average: Medium-term indicator for balanced trend view.

3. 30-Day Moving Average: Long-term indicator for strong support/resistance.

Trading Rules

1. Uptrend Trading: Avoid downtrends and consolidating markets.

2. Capital Division: Split capital into three equal parts.

3. Buy Signals:

- First Buy: Price breaks above 5-day MA.

- Second Buy: Price breaks above 15-day MA.

- Third Buy: Price breaks above 30-day MA.

4. Sell Signals:

- First Sell: Price drops below 5-day MA.

- Second Sell: Price drops below 15-day MA.

- Third Sell: Price drops below 30-day MA.

Additional Tips

1. Discipline: Stick to strategy.

2. Patience: Wait for clear buy/sell signals.

3. Risk Management: Set stop-loss orders.

4. Market Awareness: Monitor trends and adjustments.

5. Education: Continuously learn trading strategies.

Resources

1. TradingView (charting tool)

2. CoinMarketCap (cryptocurrency data)

3. Crypto forums (market insights)

Disclaimer: Cryptocurrency trading involves significant risks. Consult financial experts for personalized advice.