𝗛𝗼𝘄 𝘁𝗼 𝘄𝗶𝗻 90% 𝘁𝗿𝗮𝗱𝗲𝘀 𝗮𝘀 𝗮 𝗯𝗲𝗴𝗶𝗻𝗻𝗲𝗿?
1. Stochastic RSI (Stoch RSI)
Signal:
Overbought: Stoch RSI > 80 wait for it to cross down below to consider a sell position.Oversold: Stoch RSI < 20, wait for it to cross up above to consider a buy position.Divergence: Watch for divergence between Stoch RSI and price, which could indicate a reversal.
2. Moving Averages (MA)
Common Moving Averages:
Setting : Length 100
Trend Confirmation: Price above both MAs signals an uptrend; price below both MAs signals a downtrend.
3. Fibonacci Retracement Levels
Retracement in an Uptrend, retracement in a Downtrend, look for signals if price retraces to key Fibonacci levels but fails to break them.
Entry Point: Enter when the price bounces at these levels, with confirmation from other indicators like Stoch RSI or RSI.
4. Support and Resistance
Support: Draw horizontal lines at previous lows where price consistently bounces up.Resistance: Draw horizontal lines at previous highs where price consistently reverses.Or you can use fibonacci to confirm.
5. Breakout Patterns (Up and Down)Patterns:Bullish Patterns: Ascending and descending triangle, crab, cup and handle etc (potential breakout up).Bearish Patterns: Descending triangle, head and shoulders (potential breakdown).
6. Market Cap Analysis (Using TVL and DeFi Llama)
A low market cap relative to TVL may indicate an undervalued project.
High TVL with Low Market Cap: Signals potential growth, while high market cap and low TVL might indicate overvaluation.
Disclaimer: Trading involves risk and may result in financial loss. This information is for educational purposes only and not financial advice. Always do your own research and consult a financial professional before trading.
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