It can be useful

[A.H.Rassel]

I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.

[1715158064]

1715158064

[1715158064]

1715158064

[Kankaung]

I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.

Thanks for sharing the tips Friend. 👍👍
Which trading pair do you always choose for trading? And what is your favorite timeframe for graph(eg,30 mins or 1 hour?)?

[entebah]

for me it's difficult to apply, I don't really understand various trading terms. for me trading is an art that prioritizes instinct and experience. that's all for me very helpful

[SUDARMONO]

This is a very good way, and I like your way, and I am a beginner in trading, so I still use the usual method for my use.

[apityeh71]

There are a lot of different technical analysis, and all of them does not fully accurate, so do not forget to use stop loss on the every trade. Moving average is one of the popular indicator that very easy to understand it, for beginner trader this indicator is recommended to use to analysis support and resistance.

[pinkliar]

for me it's difficult to apply, I don't really understand various trading terms. for me trading is an art that prioritizes instinct and experience. that's all for me very helpful

Trading is not easy that's why we need to be patience and to reach our goal to become successful. There's a lot of strategy or doing technical analysis but it's true it is difficult to apply ourselves.

[KirunBarber]

good tips, a little understanding in trading. can there be a tutorial with pictures? in order to better understand it, here I really hope. because there are still many mistakes that I get trading. where to buy, sometimes it still misses the downward movement. huffft ...

[bitcoin31]

This tips is good and maybe the beginner right now who reach that will apply when they start trading and maybe they will earn profit.
I hope eveyone will gives more tips about trading and ven strategy to help everyone to know what they next do.

[Baofeng]

I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.

I would say that MA is a good indicator for beginners to look at. I think its one of the basics that everyone needs to learn if they want to read or do their own predictions.

And then you gradually move to a more detailed and technical aspects. So just learn the tricks but just be cautious as well. We all know that patterns or graphs doesn't equate success in trading so used your due diligence.

[tadpole_bitfrog]

It's a technical analysis but it's not clear and I do not understand what you're trying to explain. These monetization tips do not always work well and I think I am not fit for this type of investment.

[Tytanowy Janusz]

There is no universal strategy. Market is different eavery day. If we are first day in bear market each dump will be instantly eaten (at liest in 60% before dumping further) by traders buying deep because it is consider as promotion. After few days in bear market each dump will stay there because averege investor is to scared to jump in and each dump is consider not as promotion (sale) but as confirmation that we will never come back. Thats just a sily explenation why there is no universal strategy for daytrading.

Market is different in bear market, in bull market, in stagnation, in first day of bear market, in fifth day in bear market, after 5% dump, after 50% dump, or when new whale just come to trade here, or when new whale just came here to invest long term.

You need to gain experience. Cut lossos. And take as much profit as market gives you. Dont set stiff take profit alwais 0.x %. If market is not acting like you thought (not eating dumped price pushing it up) dont stay on that trade. There is no need to w8 for price to hit stoploss. If it is not bouncing chance that is will bounce is getting lower and lower. Leave to next trade. Even if it will eventualy go up you didnt do nothing wrong. You cant be alwais right.

[Lakai01]

To all of you who want to start trading: Dont follow advices like "use candlesticks and moving average" blindly. Its way better to get as much knowledge as possible about trading itself, learn as much as possible and start (paper-) trading afterwards. Otherwise you WILL lose a lot of money until you learned the basics by yourself.
There are a lot of very good traders out there which even published tutorials/learning material for free, eg. @philakonecrypto.

[nicster551]

I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.

Yes, that could be useful with some coins that are in a trend. But I don't know if this works for those coins that are in sideways. Always put stop-loss.

[btc_angela]

I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.

Yes, that could be useful with some coins that are in a trend. But I don't know if this works for those coins that are in sideways. Always put stop-loss.

If you're a newbie in trading then stop-loss is a good leverage to say the least. However, I do hope that the OP knows that there are risk involved, high risk and no amount of TA can guarantee you success. Moving average is profitable if you know how it works but knowing how volatile this market is, really hard to say if you're going to get a good profit or not.

[BrewMaster]

I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.

Yes, that could be useful with some coins that are in a trend. But I don't know if this works for those coins that are in sideways. Always put stop-loss.

If you're a newbie in trading then stop-loss is a good leverage to say the least. However, I do hope that the OP knows that there are risk involved, high risk and no amount of TA can guarantee you success. Moving average is profitable if you know how it works but knowing how volatile this market is, really hard to say if you're going to get a good profit or not.

stop loss is not that good in general although it is pretty useful in some cases. when it comes to bitcoin things become that much worse because of the high volatility and when it comes to altcoins using something like stop loss is a lot riskier because of the manipulation (pump and dump) and the high volatility that it causes.

[yanto@1977]

I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.

Nice strategy but how about stop loss and take profit area, where I can find the setting?. Your technical analyze need more modification specially to face sideways condition. This strategy can use if market have significant moving and this time is not. Next time please write all part so we can take decisions to take it or leave it.

[justdimin]

I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.

We use the trending trading for the past 5 years probably, that has been the most known trading method in bitcoin so far.
Even today people do that whenever bitcoin goes 100 dollars in one direction they bet it will go another 300-400 dollars on that direction.

Now with your trading method you are using the trending as well, your candlestick averages decides what the trend seems like and whenever it makes a move one direction it bets it will keep going that direction which is basically the same as the trend trading method which has been known for years. Only difference is yours uses more indicators to make sure and other one doesn't.

[frowsiter]

I am not sure if I understand any bit of it because I never looked at the crypto currency trading in such deep ways. I mean over the time I have always used simple tricks to follow the order and make my trade go in the right direction. For example, at a times I would just look at the market, see its position as compared to the yesterday and make my decision based on it. I will just predict myself for next two to three days whether the market will drop or will have some spikes coming along its way. Depending upon that I will make my trade and win the situation. Many times I do fail but I continue it that way only as I have also won it many times. Frankly never tried to understand what those candlesticks means and what they represent closely.

[DarkBullet]

What is this moving average and how it can be determined? Is this by minutes or hours? Which trading platform are you using? If you could somehow put an image to better explain this tips, that would be very helpful or a youtube video link will also be great! I am not that familiar how to read and follow the chart but still doing my research most of the time.

[tosmartak]

I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.

Nice strategy but how about stop loss and take profit area, where I can find the setting?. Your technical analyze need more modification specially to face sideways condition. This strategy can use if market have significant moving and this time is not. Next time please write all part so we can take decisions to take it or leave it.

Have you not heard of the word restrategizing? Market is very unpredictable and things are likely to always change pretty fast which is why you should always have a very good strategy, stick with it and be ready to implement it without emotions when it comes to trading the market.

It is a highly fluctuating market and surely, the ability to make decisions based on each scenario that the market brings is totally based on each individual's knowledge as the case may be. The idea of having a strategy in the first place, is to have been able to get a strategy to identify where you want to see yourself buying into a market, where you should be selling and where you should be stopping loss. This is where planning comes in and without strategy, you cannot have a plan.