There is a very foolish method of trading cryptocurrencies that has nearly 99.99% profitability. $RECALL
1️⃣ Open the daily chart, only look at the daily level, and select the cryptocurrencies where the MACD shows a golden cross, preferably choosing those that cross above the zero line, as this has the best effect!
2️⃣ Switch to the daily level; here you only need to look at one moving average, called the daily moving average, hold above the line and sell below it.
3️⃣ After buying, if the cryptocurrency price breaks through the daily moving average and the volume is also above the daily moving average, buy in full. As for the fourth selling point, this is divided into three details: the first is the wave increase, when it exceeds 40%, sell 1/3 of the overall position. The second is the overall wave increase, when it exceeds 80%, sell 1/3 again. If it falls below the daily moving average, clear all positions.
4️⃣ This is also the most important step. Since we are using the daily moving average as our buying basis, if an unexpected situation occurs the next day and it directly falls below, you must sell everything without harboring any delusions! Although the probability of it breaking through using our method is very low! We still need to be risk-aware! After selling, wait for it to rise above the daily moving average again and then buy back!
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