June 5

Secret Earning Strategy – 60 MA

To begin, we need to set up the 60 MA (or simply enable it in the settings). On the WEEX exchange, everything is already prepared:

1. Register on the exchange. If you're already registered, use the referral link to get lifetime 20% discount on trading fees — a nice long-term bonus.

Registration Link: https://support.weex.com/en/register?vipCode=sacademy

Registration Code: sacademy

2. Go to the trading window — futures or spot, it doesn't matter — and enable the indicator.

Type "MA" using the English keyboard layout in the search bar.

Click on the gear icon labeled "Settings"

Set the length — for MA it's 60, and for EMA it's 200

And for convenience, let’s adjust the colors — I have the 60 MA set to blue and the 200 EMA set to green.

Mobile Guide:

Everything is set up — now, a bit of quick theory about moving averages.

Let’s briefly discuss some fundamental indicators that everyone should pay attention to.

These are moving averages. I use two of them: the 200 EMA and the 60 MA.

To really understand how they work and what they mean, you'll need to read a fairly detailed—but easy-to-follow—article about the 200 EMA — available [here]

Once you've added the indicator, it's time to get to work.

In my experience, the 60 MA works best on the 15-minute and 1-hour timeframes.

There are two obvious ways to trade using moving averages — long and short positions.

To go long, open a trade when the price breaks above the 60 MA on the 1-hour timeframe.

A trade is opened when the 1-hour candle closes above the 60 MA. Personally, I place the stop-loss just below that same 1-hour candle.

Since the 60 MA, in my view, is more suited for scalping, it's better to set your take-profit based on fundamental analysis — targeting the nearest resistance levels.

Alternatively, a more reliable approach is to use small take-profits, capturing just a few percent of the price movement.

Now let’s look at how to use the 60 MA for short positions.

You can apply a similar strategy:
When a 1-hour candle closes below the 60 MA, you can open a short position, aiming for a take-profit at the 200 EMA (the green line).

However, from personal experience, I only short on the 15-minute timeframe.
It’s the fastest option and helps avoid sitting in a trade too long or getting hit by a stop-loss.

A smart tactic is to take 50% profit as the price moves in your favor and move the stop-loss to breakeven.

This is especially useful because sometimes the price just barely pierces above the 60 MA, then drops sharply — and you don’t want to miss that move.

This is strictly my personal strategy — it works, but you should still observe price behavior and train your eye over time.

Overall:

It’s all so simple, it’s obvious.
Well, not completely simple — but definitely straightforward, especially in the long run.

The key is to find tokens where the 60 MA works best.

Just open the chart of a token you're interested in and analyze how the MA has performed historically.


Author: Spike Trader

Claim Your Bonus on the Exchange: click

Registration Code: sacademy