Futures Cryptocurrency Trading – Technical Analysis

How to trade USDs M Futures perpetual and Quarterly contracts, with basic Technical Analysis strategies

1. Indicate & Analyze

Price trends

Chart patterns

Using technical analysis indicators

Oscillators

Volume and momentum indicators

Trend indicators

Moving averages.

Support and resistance levels.

Fully understand the Market

2. Technical Analysis (Hands on)

1. Relative Strength Index (RSI)

2. Moving Average Convergence/divergence (MACD)

3. Bollinger Bands (BB)

4.  Exponential Moving Average (EMA)

5. Arithmetic Or Simple Moving Average (MA)

6. Parabolic Stop and Reverse (SAR)

7. Support And Resistance(Trend lines)

Analyze using Multiple indicators on Various time frames

Insight into the market, cause of constant price fluctuations and volatility, Fear of missing out (FOMO), Fear And Greed index, Scarcity, Supply and demand

3. How to open a position

Market position/order

A limit/market order

Isolated Mode

Cross margin mode.

How leverage works.

Stop loss

Take profit

PNL

Size

Max open

Order book

Margin

Return On Equity (ROE)

Liquidation Price

Risk

Market Price

Entry Price

How to use the binance calculator:

(I) PNL

(II) Target Price

(III) Liquidation Price

(IV) Max Open

(V) Open Price

4. Categories of trading

Scalping/Positional Trading

All from a complete beginners to Advanced level advance from Scratch to a professional trader

Quote:

“The moment you trade based on instincts and not analysis, You switch from trading to gambling.”

there’s a thin line…..