1. Look for sector with major news catalysts. Eg: Blackrock entering RWA sector, NVIDIA conference for AI. Meme on Base.
2. Go to Coingecko categories list and go to that sector. Scan through all projects (ALL THE PROJECTS) above $50 million market cap for now with high Volume (Minimum 10 Million) This will enable good liquidity.
3. Look for EMA retests and S/R flips, where previous resistance turns into support via range high. Best is large multi-month range breakout and retest of resistance as support.
4. Watch the 4H 200 EMA which often acts as a support, indicating a strengthening trend. Retest of 55 EMA on the Daily is a great buy in Bull markets. (Check what happened to INJ on 55 EMA on the Daily Chart)
5. Ideal entries occur when EMAs show a bullish crossover (LTF EMA moves above HTH EMA), confirming uptrend.
6. Timing is key: The ability to catch these moments can be part skill, part luck. This is where FA comes in.
6. Target and psychological numbers where most people are likely to take there Profits and have set targets.
7. If you're waiting for entries, try this - Placing entries at a place where you'd place your stop loss can be a good buy. Those levels are often hit.
8. If you're sure about Entering a coin, market buying isn't a bad Option in the long Run.
9. Always know your exit. 99% of people didn't know this in 2018 and that's how they lost the money.
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When you enter the world of trading, it’s crucial to understand that losses are a natural part of the game. In fact, if you’re not experiencing occasional setbacks, you may not be trading with the right level of risk management or ambition.
Think of trading like a battlefield. You’re not always going to win every battle, but you need to stay in the fight and learn from each loss. If you’re in war, it’s inevitable that there will be blood on your shirt at times. Losses, mistakes, and setbacks