Did you want to earn a fortune by investing in 100x coins? Did you know how to find that coin? Maybe you will not accept my argument, but in reality, success in trading is not based on luck but on how to choose the strategy and the coin. After the year 2024 had passed, a new wave of opportunities emerged. If this year you can catch one or two 100x coin projects, this will make your career in trading.
Trading tips
- Each pullback is a temporary stop, and it is the chance to look through the coin fundamentals to jump high.
- If you have entered downward, any rebound is the signal to leave. Do not resist and waste time. It’s boring how many songs you can listen at this moment.
- The short-term rise and fall always depend on the market or community sentiments and fundamentals. When the market sentiments are high, fundamentals decide the length and width of the rise.
- The real bottom of the coin is based on market emotions and coin value; don’t blindly buy the bottom; often people are trapped on the bottom.
- Do not focus on good news. The market is all about expectations. Retail investors always buy the coin based on news. No one knows if it’s true or manipulated by others to be true.
- Do not increase leverage until you have self-confidence. Avoid taking risks by just watching and verifying the details.
How to use MACD divergence for ambush
Every MCAD graph contains two lines, orange and blue. The orange line is a 9-period EMA and is always known as the slow line. The blue line is the difference between the 12-period EMA and the long-term (26-period) EMA, always known as the fast line. When the prices are in a downtrend and the fast line crosses the slow line upward, it means a gold cross has been formed. A strong signal to make a buy order.
In the above graph, at the first circle, the BTC price hits $65,000, and at the second circle, the price hits $100,000. In the MCAD strategy, if the MCAD makes a higher high than the previous one, we can refer to this top-to-top high.
If the MCAD forms a top low, it means a top divergence has occurred, and it is the signal that the BTC price trend is likely to turn downward. The reason to use MCAD is to find the trend reversal divergence and confirm the actual direction of the trend.
In the above graph, it is clearly seen that MACD formed a bottom-to-bottom high, which means the buyers are rushing for BTC and the declining momentum gradually weakened.
When MCAD forms a bottom high, the BTC’s downward trend changes into an upward trend, and it is a bottom divergence. If trades are identified at the right time, they will certainly make a buy order and wait for a long position.
Finally, MCAD is not necessarily correct all the time. If you have found out the divergence, the next step is to use more methods to make the confident judgment that this trend continues or not.
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