REQUIREMENTS OR CONFLUENCES FOR SAFE BUY (OR LONG) ENTRY

Hi, first of all I am not an expert in crypto trading but based on my researches and series of questions and answers from my mentors, here are some tips when planning to buy crypto for long term HODLING.

1. Make sure that at 4H time frame MACD Line and RSI Line are both upwards (no amount of even small downward curving); else you could be at the end of the uptrend which is not good any more to enter trade.

   1. RSI line has displayed a higher dip after its lowest dip, which is usually close to, if not below, oversold level.

   2. Downward trendline upward breakout by a green candle. Consider the line connecting the last two peak prices as reference trend line.

   3. Moving Average (MA20) upward breakout by a green candle.

   4. Downward pullback to MA20 .

   5. MACD line upward crossover with Zero Line.

EARLIEST ENTRY: @ RSI Higher Dip after Lowest Dip
SAFE ENTRY: @ MA20 Pullback
SAFEST ENTRY: @ MACD Line Crossover with Zero Line

Kindly correct me if I am wrong in here, but this tips currently help me with investing in crypto😁

#cryptoacademy #investing #trading #beginner #crpytocurrency