Iam doing day trading and use technical analysis to determine support and resistance and to predict the trend of crypto. To make easy to determine the trend i was use Heiken Ashi candle, this candle look give more accurate signal to predict the trend of market. To make profit consistently month by month we should be trade not only in crypto asset but also in others asset like stocks or commodities, because all crypto was follow the price action of BTC, when BTC uptrend or downtrend and then all altcoin will follow it, so we can not make profit on downtrend of crypto and we should be trade on other asset.
Heiken Ashi is actually an easy way to usually spot a trading trend and be able to deal with it accordingly. One thing with every market is that there would always be a trend and how you trade it depends on how you are able to identify the changes which is one of the reasons why as a trader, trend should always be your best friend. However, this is something that can only be easily done with knowledge. It sounds pretty easy in paper but in reality, you have to get conversant with your strategy, build on it, fine tune it and keep getting better to make market trend decisions.
that should be the easiest way to trade for beginners. buy low and sell high.works every time regardless of any market, stocks, commodity, real estate, currency even in crypto. you just have to know when is the lowest and when is the highest. timing is everything here.
Trading trends is not just only for beginners but this is something that is a general thing to know and be able to use to take advantage of the market fluctuations and it is what has been used by professional traders over the years. Generally, the basic of trading the market is to identify trend patterns and be able to make decisions based on those patterns. This is one thing that would help you come up with a good strategy when it comes to trading the market generally or whichever time frame you are trading. If you do not understand trend patterns and reversal, then you are not even close to being able to trade at all.