Trend Following
Perfect for beginners. It consists of going with the market movement, not against it.
How to apply it on Binance:
1. Enter the chart of the pair (e.g., BTC/USDT).
2. Change the time to 1h or 4h.
3. Activate the indicators:
EMA 50
EMA 200
4. Signals to buy:
The price is above both EMAs.
The EMA 50 crosses upwards to the EMA 200.
5. Signals to sell:
The price falls below the EMA 50.
The EMA 50 starts pointing downwards.
Why it works:
The trend is the most stable force in the market. Following it reduces errors and avoids entering strong pullbacks.
BTC
90,422.01
-0.68%
BNB
894.32
-0.82%
XRP
2.0672
-0.15%