From then on, I began to study cryptocurrency trading seriously. There was an uncle around me who used to be a taxi driver. Then he came into contact with the cryptocurrency circle and began to study cryptocurrency trading seriously. He achieved a reversal in life by cryptocurrency trading and now his assets have reached eight figures.
The method he uses is actually very simple. There are only 4 steps in total, from currency selection, buying, position management to selling. Every detail will be explained to you clearly!
The first step is to open the daily line and only look at the daily level. For the currency with MACD golden cross, it is best to choose the golden cross above the 0 axis. This effect is the best!
Step two is to switch to the daily chart level, here we only need to look at one moving average, called the daily moving average. Hold above the line, sell below the line.
Step three, after buying, if the coin price breaks above the daily moving average and the volume is also above the daily moving average, then buy with the entire position. As for the fourth selling step, it is divided into three details. The first is when the wave's increase exceeds 40%, sell 1/3 of the overall position. The second is when the overall wave increase exceeds 80%, sell another 1/3, and when it breaks below the daily moving average, liquidate the entire position.
The fourth step is also the most important step. Since we are using the daily moving average as our buying basis, if some unexpected situation occurs the next day and it directly breaks below, then you must sell everything and not hold any hopes! Although through our method of selecting coins, the probability of breaking is very small! However, we still need to have risk awareness! After selling, wait for it to stand above the daily moving average again, and then you can buy back.