Short-term Trading Methods!

In addition to medium and long-term positioning, many friends in the cryptocurrency world also enjoy short-term trading. Here are a few summarized methods for short-term operations:

1. Technical Analysis

Use chart analysis, trend analysis, and other technical indicators to judge price movements, including support and resistance levels, moving averages, etc., to find opportunities for buying and selling.

2. News-driven

Pay attention to news and hot events in the market, and quickly buy or sell by analyzing and predicting their impact on the cryptocurrency market.

3. Day Trading

Profit by capturing short-term price fluctuations, typically completed within a single day.

4. Breakout Trading

Determine market direction by observing changes in trading volume when prices break through resistance or support levels, and buy or sell at the right time.

5. Swing Trading

Utilize the characteristics of significant price fluctuations to conduct medium to short-term buying and selling operations.