very good strategy for 1 day time frame trading .

you can use 50 and 100 weighted moving averages to determine your entry point , if the price crossed over the 50 wma and the next day candle broke the previous day candle high , then its the best time to buy , especially if there is a macd indicator up divergence while the price is in down trend , and the volume indicator was turning up , using this strategy , you can at least secure 38 % profit if the coin wasn't too over sold
but if the coin reached the bottom you can easily reach 100 % profit " this strategy may take from 1 day to 1 month to reach the goals " .

Yorum:

but if the bitcoin was in upward rush , you may have to take some red candles before start moving in up ward direction .

Yorum:

you can also use this strategy with the retracments from the 50 wma or 100 wma .

Yorum:

you can also use Fibonacci levels .