Trading cryptocurrencies from 150,000 to 40 million is not just luck; it relies on continuous learning and practice. I spent two hours this weekend compiling some insights to share with you.
When it comes to trading cryptocurrencies, if you can't even understand the MACD indicator, you're just messing around!
Whether you're a novice or a veteran, as long as you're in the crypto space, you've definitely heard of the MACD technical indicator. But do you know what it's actually useful for?
Buying cryptocurrencies is easy, selling them is hard; this is a truth everyone knows. Trading is just about buying, selling, and adding in position management. However, many people struggle with timing their buys and sells. Therefore, we need to learn to find patterns and summarize practical experiences; otherwise, it’s like being a headless fly, crashing around in a pile of news without finding direction.
When using the MACD indicator, you need to closely monitor its histogram trend to see if it’s bullish or bearish, and then analyze the volume-price relationship, allowing you to seize the right moments to buy and sell.
To help you understand better, I’ve compiled a few key patterns combining MACD with moving averages into images, which are provided below for you to take a look at and learn from!
For the upcoming layout direction, I will guide everyone to aim for lucrative opportunities in altcoins, especially those with high potential projects. Expecting a space for 10 times or more is definitely possible. If you want to make big money in a bull market, give a thumbs up + leave a comment, and I’ll take you through the entire bull market layout!
