There is a simple trick to trading you can follow through.
Most of the time it will work sometimes it may not.
Bollinger bands is a really good tactical paramater that can outperform every crypto influencer you follow.
Crypto is valotile so it worked most of the time even worked on higher time frame.
The Three Bands
Middle Band — a simple moving average (SMA), typically over 20 periods
Upper Band — middle band + 2 standard deviations
Lower Band — middle band − 2 standard deviations
I take the lower band as the Buy signal not always but when votality is high.
For example
$RIVER dropped really bad after a strong momentum I took the first buy call at 8$ when it was near the lower band then it dropped to 6$ that might ve bad.
But if you see closely
#RIVER 1 DAY Chart that was just a wick the price rebound instantly towards the middle band and upper band and hit 10$.
When price hit upper band that's the initial sellzone.
that's how this trade setup has been done.
Now another one is $MYX Same thing happened in 4 hours timeframe from higher band to lower band and then retested the higher band and dropped again.
This is tactical trading which is a profitable way to generate money.
Ofcourse Macd and rsi combined with bollinger will give you ultimate result.
$PIPPIN also was same when it dropped to 0.40$ it retested the lower band before going for another ath now PIPPIN is again rebalancing and
#pippin might hit 1$ Soon.
I have been trading like thse since the last bull market and gains reallty good profit for past few years.
But ofcourse i follow all the outside noise of the projects too 👊
Drop a follow if it's helpfull 🟩