Investing in the cryptocurrency world is like a journey of a thousand miles. Newbies who have just entered the cryptocurrency world are often confused. However, for investors, deep learning and the use of indicators are the key to mastering the market. The following summarizes three important experiences for novices, which may add wisdom to the road of cryptocurrency investment.
Learn MACD in depth and master its application:
In cryptocurrency investment, whether you rely on news or technical judgment, MACD is a tool that cannot be ignored. Its main function is to help predict the relative high and low points of the market, so as to choose a more suitable time to buy or sell. Remember a basic principle: when MACD is on the lower axis and the fast and slow lines are both below, it is suitable for buying (going long); on the contrary, when MACD is on the upper axis and the fast and slow lines are both above, it is suitable for selling (going short). This is because the upper and lower axes of MACD reflect the high and low positions of the market trend, which can greatly improve the winning rate of transactions.
Master the use of different MA lines:
MA is one of the important tools to help investors judge market trends. In-depth understanding and proficiency in using MA5, MA10, MA30 and other moving averages of different periods can better judge the strength of the trend. For example, if MA5, MA10, MA30 show a downward trend, then the downward trend in the short term is more obvious. By combining MA and MACD indicators, the success rate and profit probability of transactions can be increased.
Use K-lines and indicators on different time axes to determine the general trend:
Whether you are doing short-term operations or long-term investments, you need to use K-line charts and indicators on different time axes to judge the general trend. For example, by comparing the MACD indicators of the 4-hour and daily lines, you can better judge the overall trend of the market. When doing short-term operations, you can choose relatively low points to buy based on the 5-minute and 15-minute MACD indicators. Understanding the regularity of the market and looking for opportunities that are not rising or falling can help improve the winning rate of transactions.
It should be made clear that there is no absolute winning tool or strategy, only a certain probability can improve the success rate of transactions. In the cryptocurrency investment, only by adhering to the strategy with a higher winning rate for a long time can you achieve sustained profits. If you have any questions about the use of MACD and MA moving averages, you can improve your technical level by learning relevant knowledge, watching free videos or joining professional groups.
Ultimately, cryptocurrency investment requires patience and persistence. With the accumulation of experience and continuous learning, newcomers may be able to find their own investment path in the market. #BTC #荣耀时刻
