Complete Deal Analysis: How to Think Before You Hit the Enter Button
Currency Selection
SOL
ETH
BNB
or any currency that has high liquidity and clear movement.
Avoid Cluttered Charts
Don’t start analyzing a currency with a chart that is messy or full of tails and incomprehensible fluctuations.
A clear chart reflects a clear market… and this is the most important factor before any analysis.
Ask Yourself the First Question
What is the overall trend?
Upward?
Downward?
Or sideways?
If the trend is not clear, it’s better to avoid the pair and go for a clearer currency.
A Simple Example to Clarify the Picture
• The appearance of higher peaks and higher troughs reflects an upward trend.
• The price crossing the EMA200 and turning it into a support area is considered a strong signal for the continuation of the trend.
An Important Point
If the trend is clear, then you have a strong advantage before thinking about determining entry and exit points.
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