How to spot market trends and make smart entry/exit decisions in crypto world
1. Spotting trends
Bullish Trend: Price is rising (higher highs & higher lows).
Bearish Trend: Price is falling (lower highs & lower lows).
Sideways/Range: Price moves within a specific range.
Use tools like Moving Averages (MA), RSI, and MACD to spot trends.
2. Entry Strategies
Trend Following: Buy when the trend is up (e.g., price breaks above resistance).
Pullback: Buy dips in an uptrend.
Breakout: Enter when price breaks key levels (support/resistance).
3. Exit Strategies
Target Profit: Set a price target and sell.
Stop-Loss: Set a stop-loss to limit losses.
Trailing Stop: Adjust stop-loss as price moves in your favor.
Example
Entry: Buy BTC if it breaks above $40k with strong volume.
Exit: Sell at $45k (target) or if it drops below $38k (stop-loss).
Important
Do your own research (DYOR).
Manage risk; don't invest more than you can afford to lose.
