Share some tips for buying coins and looking at the line!
Use the moving average to see the direction when buying coins!
Use the K-line trend to see the buying and selling points!
Use the level classification to locate the buying and selling points!
1. Why use the moving average to see the direction, because the moving average represents the average cost of holding positions for everyone in the market!
The short-term, medium-term, and long-term capital holding costs are related to the game of trading psychology, as well as the game of funds and chips caused by this!
For example, the price runs above the 60-day EMA moving average to a new high, and the moving average is upward, proving that those who buy within 60 days are all profitable!
2. Why use the trend structure of the K-line to find buying and selling points?
Because the moving average is only suitable for seeing the direction, the reaction of the K-line is always faster than the moving average, and the moving average is lagging!
3. Why use the level to classify and locate the buying and selling points?
Because the classification of buying and selling points must be presented at a certain level!
The 4-hour buying and selling points are not the same as the 30-minute buying and selling points, but sometimes they will meet together!
For example, a type of buying point for 4 hours and a type of buying point for 30 minutes will meet together!
Have you learned it?
Caishen has created a high-quality circle. If you want to know more about the relevant knowledge of the currency circle and first-hand cutting-edge information, click on the avatar to follow Caishen. Caishen publishes market analysis and recommends high-quality potential currencies every day.