Technical Analysis Secrets #5: Stop Loss
In this uncertain crypto market you can save yourself a huge amount of stress and money if you know how to properly set stop-losses. While this sounds like a no-brainer, many people just ignore it or sometimes set them up incorrectly, actually making them sell at suboptimal timings. Here we’ll take a look at what […]
Technical Analysis Secrets #4: Basic Chart Patterns
Any crypto trader that relies on technical analysis will look for different signs and indicators that will forecast upcoming price movements, reversals, and continuations. With their help, he can spot potential trade opportunities and hopefully create a profit. For someone that’s just starting to learn TA, understanding all these signals can quickly become extraordinarily confusing […]
Technical Analysis Secrets #3: Moving Average Convergence Divergence
Simply put, the Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator. To calculate the MACD, the 26-period exponential moving average (EMA) is subtracted from the 12-period EMA, and if you want to read more about these MAs, check out my previous couple of blog posts. As a result you get the MACD line […]
Technical Analysis Secrets #2: How to trade Moving Averages
Last week we looked at what different types of moving averages (MAs) are and how they differ from one another, so if you haven’t read that, be sure to check it out so you’re ready for the practical tips on how to trade MAs that we’ll be talking about today. Everything below will be relevant […]
Technical Analysis Secrets #1: How To Trade Breakouts
One of the most popular strategies in trading is to look for breakouts. But trading them isn’t as easy as it might seem, so here are some tips that you need to keep in mind if you want to do it right. I remember losing a lot of money early on by getting in either […]
