I've been trading in markets for about 16 years. The advice I will give below is just from my experience and it seems to work in nearly every market. However, only if there is enough trades out there. So basically, if there is some new coin you want to buy into or likely something that just came out last year. If the chart looks like

https://preview.redd.it/xhd69w72mdy81.png?469&format=png&auto=webp&s=6cc6716eaab4cece26bdfc98dfada8f1dee91fe7

There isn't enough data to work with. If I was to buy into it, I would refer to mainstream coins.

And note, this isn't financial advice. This is just from my experience and what I learn from talking with others throughout my years.

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First thing is first, get the buy at the bottom crap out of your head.

You're here to make money, and not to take unneeded risk. If you can predict the bottom and tops. Then you wouldn't be here looking at this post. No one can do that. At least no one can do it every single time.

You need to be OK with close enough.

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Now with that in mind, think of how long you want to hold the coin. Like are you swing trading? Or are you like the majority and holding for months or years? If you are swing trading, then you need to use shorter times. But if you are holding for a quarter or slightly over, then days charts might be OK. Longer I might bounce between the days charts and weeks. But I found with months is you lose too much info since bear runs normally don't last long enough for it to be useful.

Whatever you want to buy, look at the charts and look for a pattern when it goes up and down.

Example:

https://preview.redd.it/rjai9tazpdy81.png?1496&format=png&auto=webp&s=9d3da46de3b52f5c081558b9f550324100867d55

Many likes to use a rule of 2, but in this case I would use the rule of 3

Rule of _: when you have _ amount of candles in a row going in a direction. It is likely the market turned.

So in this case, when the candles stay green or red for at least 3 candles. Then it is likely for that time you are in an upward/downward trend. And what many investors do is not wait for the full 3rd candle to be made. They would see it is in the making, and look at it on a swing trader level to see what the short term is likely. Then jump in.

Some do bend/break the rules. Like if one of the candles was on the verge then they will count it as the same as the ones next to them. Like note July 2020 candle image below.

Note this even works with larger timescales where you zoom out for a month chart

https://preview.redd.it/a9xzgu5rudy81.png?1497&format=png&auto=webp&s=52764e26776b730bd8fb2aeba4b349647e193e5f

Some use it along with other things like the MACD

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Another thing some do if they don't have time to study the market, follow the news, and so on but they think the market will keep going up. They will DCA.

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DCA is basically where you buy a given $ amount or coin amount on a regular bases over a given time no matter what the change is. It should be noted this method normally does prevent the user from maximizing their gains. But it tends to be safe.