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The seven deadly tactics of moving averages + candlesticks, understand the trend and steadily grasp the buying and selling points.
In the ever-changing cryptocurrency market, accurately capturing trends is the key to profitability! The seven golden combination patterns of moving averages and Candlesticks can be regarded as the "telescope" for the battle between bulls and bears. Mastering these seven lethal skills will help you accurately judge the buying and selling opportunities in the waves of the cryptocurrency market!
1. Pressure Line ➖ Bearish Sniping Signal
When the price is continuously suppressed by the downward moving average, it feels as if an invisible hand is "pressing down" on it. At this time, the downward momentum is strong, and it is wiser to short in accordance with the trend. Unless the direction of the moving average reverses to form support, do not blindly try to catch a falling knife!
2. Support Line ➖ Bullish Charge Horn
The price is closely following the moving average and steadily rising, which is a typical bullish trend. Act decisively to go long, don't get off easily due to minor pullbacks; the "support line" is precisely a tool to eliminate those lacking patience!
3. Trendline ➖ patiently wait for the opportunity
The candlestick and the moving average are entangled repeatedly, and the direction is chaotic and unclear. At this time, entering the market can easily fall into a "washout trap". Control your hands and wait for the trend to become clear before taking action!
4. Jump Line ➖ Beware of False Breakouts
The price suddenly deviates from the moving average and quickly returns, which may be a precursor to an accelerated market trend, or it could be a trap to lure in buyers/sellers. Keep a close eye on the support or resistance of the moving average after the return, and avoid chasing rises and selling on dips!
5. Deviation Warning Mechanism
The price significantly deviates from the moving average, and the deviation rate is too high, indicating excessive short-term fluctuations. Be cautious of sharp rises and falls, and wait patiently for the price to return to the moving average before making any moves!
6. Pullback ➖ Bullish confirmation buy point
After the price breaks above the moving average, a pullback to the moving average confirms the effectiveness of the support. An effective pullback is an excellent buying point; if there is no pullback after the breakout, it may continue to rise, but confirmation through a pullback is more secure!
7. Pullback ➖ Bearish confirmation sell point
After the price breaks below the moving average, it rebounds to test the strength of the moving average resistance. If there is an effective rebound, decisively short; if there is no rebound, be wary of the risk of an accelerated downward trend!
$BTC