It's not enough to just like a coin and purchase it at ANY time you like. Just like stocks, cryptocurrency also goes up or down, bullish or bearish, favorable or unfavorable.
The two metrics we recommend are as follows:
1. Stochastic RSI Indicator
2. VWAP
It is a buy when in the Stochastic RSI Indicator, the blue line is over the red one, and the VWAP line is well under the current price.
Is is a sell when in the Stochastic RSI Indicator, the red line is over the blue one, and the VWAP line is well over the current price.
When any of these conditions aren't met, just stick around and OBSERVE. Don't rush into buying or shorting.
The two metrics we recommend are as follows:
1. Stochastic RSI Indicator
2. VWAP
It is a buy when in the Stochastic RSI Indicator, the blue line is over the red one, and the VWAP line is well under the current price.
Is is a sell when in the Stochastic RSI Indicator, the red line is over the blue one, and the VWAP line is well over the current price.
When any of these conditions aren't met, just stick around and OBSERVE. Don't rush into buying or shorting.
You can see these filters and add them on any exchange that your account is on. Binance and WazirX have these and many other filters you can try out yourself.
There are so many choices, so do your own research though, and pick a metric/filter combination that suits you. Happy trading!
There are so many choices, so do your own research though, and pick a metric/filter combination that suits you. Happy trading!
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