To buy coins, use the moving average to determine the direction and use the candlestick chart to identify buying and selling points! Use classification by level to locate buying and selling points!

1. Why use moving averages to determine direction? Because moving averages represent the average cost of holdings for all market participants!
Short-term, medium-term, and long-term capital holdings costs are related to the game of trading psychology, as well as the game of capital and chips it triggers!
For example, if the price is running above the 60-day EMA moving average and making new highs, and the moving average is trending upward, it proves that those who bought within the past 60 days are in a profitable state!
2, why use the trend structure of K-line to find buying and selling points? Because the moving average is only suitable for determining the direction, and the reaction of K-line is always faster than the moving average, which is lagging behind!
3. Why use levels to classify and locate buy and sell points?
Due to the classification of buying and selling points, there must be a certain level of presentation!
The 4-hour buying and selling points are not the same as the 30-minute buying and selling points, but sometimes they coincide!
For example, a type of buy point that lasts for 4 hours and a type of buy point that lasts for 30 minutes will coincide! Have you learned it?
#ETH会延续BTC ETF通过后的大涨趋势吗？