Three Modes of Short-term Trading:

1. Breakout Trading:

This strategy is based on the concept of price breaking through key support or resistance levels. Traders closely monitor these key points on the chart and quickly buy or sell when the price breaks through these levels.

2. Trend Following:

Trend following strategies involve identifying the main trend of the market and trading in the direction of that trend. Traders primarily use moving averages to determine the direction of the trend, entering when the trend starts and exiting when the trend ends.

3. Reversal Trading:

This strategy is based on market sentiment and price action. Traders look for signs that the market may reverse, such as candlestick patterns, head and shoulders formations, or double tops and bottoms, and then trade in the opposite direction at potential reversal points.#币安矿池FB联合挖矿