To buy coins, you need to use the moving average to determine the direction, and use the K-line trend to determine the buying and selling points! And use the level classification to clarify the buying and selling points!
1. The reason why the moving average is used to see the direction is that the moving average means the average cost of holding positions for everyone in the market! Whether it is the holding cost of short-term, medium-term or long-term funds, it is related to the game of trading psychology, and the game of funds and chips caused by it! For example, if the price reaches a new high above the 60-day EMA moving average, and the moving average is upward, it means that everyone who bought within 60 days is in a profitable state!
2. Why use the trend structure of the K-line to find the buying and selling points? The reason is that the moving average is only suitable for checking the direction, and the reaction of the K-line is always faster than the moving average, and the moving average has a lag!
3. Why use the level to classify and locate the buying and selling points? This is because the classification of buying and selling points must be reflected at a certain level!
The 4-hour buy and sell points are not the same as the 30-minute buy and sell points, but sometimes they overlap! For example, a 4-hour buy point may coincide with a 30-minute buy point!