Over the past eight years, I have turned a $10,000 investment into $1 million using a simple yet highly effective strategy. With a 99% success rate, this method has proven itself time and time again. Now I will share this approach with you – it is beginner-friendly, easy to use, and incredibly effective when executed with precision.
🔑 Secret: Using 3 Key Moving Averages
This strategy revolves around 7-day, 20-day and 40-day moving averages on a candlestick chart. The 40-day moving average is your foundation to help you identify support and resistance levels. Once you master these steps, you will be able to confidently make calculated buy and sell decisions.
📈 Step-by-step plan to maximize profits
Always trade with the trend
Stick to cryptocurrencies with upward momentum or stable sideways movement. Avoid currencies with a downward trend - trading against the trend can lead to losses.
Split your investments for strategic buying
Divide your funds into three equal parts. Buy 35% when the price rises above the 7-day moving average. Invest another 35% when the price breaks the 20-day moving average. Allocate the last 30% if the price breaks the 40-day moving average. This phased approach reduces risk and maximizes potential profit.
Manage your position with precision
Hold your position as long as the price stays above the moving averages. If it falls below the 7-day or 20-day lines, sell gradually - sell only 35% if necessary, keeping some assets in case of recovery.
Exit Strategy to Take Profits
If the price falls below the 40-day moving average, exit completely to protect your profit. Sell 35% when the price falls below the 7-day moving average. If it continues to fall, gradually sell more to avoid losses.
The reverse process at market peaks
At the peak, sell 35% to lock in profits when the price breaks below the 7-day line. If it breaks the 20-day and 40-day lines, exit completely - do not bet on a rebound.
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