Dear Brother,

A humble request to all traders: when the market is going down, heading into a downward trend, many people start selling in panic. However, you should not succumb to the pressure; instead, remain patient. The market often provides you with an opportunity during such times. When selling pressure is high, it’s a chance for you to buy, but only after using technical indicators.

Previously, I shared a post about the Relative Strength Index (RSI), which helps identify an overbought or oversold situation for a coin or asset. Today, I want to talk about Moving Averages. If you want to keep a short-term perspective, you can use a 7-day or 9-day moving average. Based on this, you can make your buying decision and hold for a while.

We often aim to book profits overnight, but that’s not how it works. You must maintain your position and sell when everyone else is buying. This strategy allows you to book profits effectively. Utilize the 7-day moving average to identify the right time to buy, ensuring you make your move at the appropriate time.