✴️ League Of Kingdoms | Moving Averages Continued (1055%-1450%)

25 déc. 2023

Did you read my moving averages lessons?

I shared these using the ONEUSDT and ONEBTC trade ideas... Let's do a follow up lesson here, a confirmation if I may.

➖ In the first article we talked about MA200, EMA200 and below EMA300.
➖ In the second article we saw how above EMA300 bullish momentum sped up.

Here we can see LOKAUSDT moving above EMA300 today, which means that the long-term bullish potential is about to be confirmed. Confirmation for any signal only happens once the active session closes. Since it is moving above it today, confirmation only happens after this day closes above EMA300 (0.3485).

Now, I mentioned that we prefer bottom prices.
We prefer those prices we saw in November, October and in some cases September, the true low but, once the action is ongoing there is no choice but to pick charts that are more advanced because the entire market is moving forward.

While the low here happened between September and October, prices are still good when we consider the bigger picture.

The bigger picture?
More than 1,000% or more potential for growth.

Seeing that only now this pair is moving above EMA300, with a tight stop-loss, this can turn into a good call.

I will share a trade for this one... Looks good to me.
It doesn't necessarily needs to hit, it just need to have low risk and a high potential for profits.

With diversification, patience and a selling strategy on the way up... It is easy to win trading Cryptocurrency, or so the theory goes.

Namaste.