TIPS ON HOW TO FIND A COIN TO TRADE FOR BEGINNERS WHO WANT TO STOP SERIAL LOSSES.
1. Check the 24hrs change of the coins 1 Day TF to be precise, make sure it has over stretched either to a higher % (e.g 40%) or a lower % ( e.g -35%) then it is a prospective coin to Short or Long (sell or buy) respectively
2. Make sure the RSI is in the overbought (80 above) or oversold (20 & below), to either Short or Long respectively.
3. Check the MACD indicator to ensure the their is about to be a change in trend i.e MACD line crossing the signal line.
4. Make sure the candles have over stretched the Bollinger Bands (upper or lower) to enter a short or long trade respectively.
Note:
馃搶Use these strategies together at least 1,2&4 must happen.
馃搶Also with this strategies use only 10% of wallet and leverage between 10-15x to make liquidation almost impossible.
馃搶Take profit between 30-50% of your trade and exit the market.
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馃毃Report that group ASAP!
