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1. Open the daily chart, only look at the daily level. For coins with MACD golden cross, it’s best to choose those above the 0 axis, as this yields the best results!
2. Switch to the daily level. Here, you only need to watch one moving average called the daily moving average. Hold when above the line, sell when below.
3. After buying, if the price breaks through the daily moving average and the volume is also above the daily moving average, buy with full position. The fourth sell is divided into three details: the first is the wave gain, when it exceeds 40%, sell 1/3 of the overall position; the second is when the overall wave gain exceeds 80%, sell another 1/3; if it falls below the daily moving average, clear all positions.
4. This is also the most important step. Since we use the daily moving average as our basis for buying, if the next day there are unexpected situations and it directly falls below, you must sell everything without any luck! Although, with our coin selection method, the probability of falling below is very small! But we still need to be aware of risks! After selling, wait for it to rise back above the daily moving average, then re-enter.