BTC突破8W1大关
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#DOGE看涨情绪飙升
The crazy bull market has arrived, are you still missing out? Here’s a little tip for buying coins and analyzing trends!
You need to use moving averages to determine direction!
Use candlestick patterns to find buying and selling points!
Use levels to classify and locate buying and selling points!
1. Why use moving averages to determine direction? Because moving averages represent the average cost of all participants in the market!
Short-term, medium-term, and long-term positions involve psychological games of trading, as well as the competition for funds and chips that arise from it!
For example, if the price is above the 60-day EMA and hitting new highs, and the moving average is trending upwards, it shows that everyone who bought in the last 60 days is in profit!
2. Why use the structure of candlestick patterns to find buying and selling points?
Because moving averages are suitable only for determining direction, candlestick patterns react much faster than moving averages; moving averages lag behind!
3. Why use levels to classify and locate buying and selling points?
Because the classification of buying and selling points must reflect a certain level!
The buying points on a 4-hour chart and a 30-minute chart are not the same, but they can sometimes coincide!
For example, a type of buying point on a 4-hour chart may coincide with a type on a 30-minute chart!
Friends who are confused and lack direction in trading can comment or leave a message '1', this bull market will help you get rich
#BTC突破8W1大关 $BTC $ETH
The crazy bull market has arrived, are you still missing out? Here’s a little tip for buying coins and analyzing trends!
You need to use moving averages to determine direction!
Use candlestick patterns to find buying and selling points!
Use levels to classify and locate buying and selling points!
1. Why use moving averages to determine direction? Because moving averages represent the average cost of all participants in the market!
Short-term, medium-term, and long-term positions involve psychological games of trading, as well as the competition for funds and chips that arise from it!
For example, if the price is above the 60-day EMA and hitting new highs, and the moving average is trending upwards, it shows that everyone who bought in the last 60 days is in profit!
2. Why use the structure of candlestick patterns to find buying and selling points?
Because moving averages are suitable only for determining direction, candlestick patterns react much faster than moving averages; moving averages lag behind!
3. Why use levels to classify and locate buying and selling points?
Because the classification of buying and selling points must reflect a certain level!
The buying points on a 4-hour chart and a 30-minute chart are not the same, but they can sometimes coincide!
For example, a type of buying point on a 4-hour chart may coincide with a type on a 30-minute chart!
Friends who are confused and lack direction in trading can comment or leave a message '1', this bull market will help you get rich
#BTC突破8W1大关 $BTC $ETH