This crypto trading strategy is more suitable for traders who are looking for safety in my opinion, namely Crossing MA ๐๐ฝ
The MA (Moving Average) crossing strategy can be a mainstay trick every time you want to enter a position.
The MA indicator is a trend direction detector as well as a determinant of the entry point from the crossing between two MA indicators, namely short-period MA and long-period MA.
The MA period used varies and depends on the needs of each trader. However, the periods commonly used include SMA-20 and SMA-50, SMA-20 and SMA-100, or SMA-50 and SMA-200.
The occurrence of a crossing between two MA indicators is also called a death cross or golden cross.
๐๐
You can use the MA indicator feature and it is already in the Binance application.
utilizing technical indicator crossings will be better if supported by several confirmators, such as other indicators, certain candlestick patterns, to reading Divergence signals.
Remember that trading is not just about numbers and strategies, but also about maintaining a strong mindset!
๐งโ๐ซUnderstand that every trade carries a risk of loss.
This will make you level up and become a better trader than before.
Happy Trading Dolor ๐งโ๐ป
#TipsTradingFutures
DYOR (Do Your Own Research)