How do you determine the correct entry zone for any cryptocurrency?
Hello my dear followers,
Today I will share with you the practical method to identify the best entry zone for any cryptocurrency in a professional manner.
1️⃣ Choose a strong and well-known cryptocurrency
Start by selecting a project that has weight in the market, for example: the CVC coin or any coin that has good liquidity and stable trading volume.
2️⃣ Ensure that the cryptocurrency is in a clear downward trend
Look for a coin that is experiencing a continuous decline, as this helps you target a strong reversal zone and a unique entry opportunity.
3️⃣ Go to the order book
Enter the order book and look for the area where traders are gathering with large buy volumes; these areas often represent strong support.
When you enter at the same price they are entering, the likelihood of your trade succeeding increases.
I will give you three cryptocurrencies, and you choose the one you want to trade on:
