đ„WE BEGIN WITH SOMETHING EDUCATIONALđ„
đ„đ„A SERIES OF COOL STRATEGIESđ„đ„
đ„ANYONE CAN USEđ„
đđđ"Horizontal Knives"đđđ
Man, it's a strategy that focuses on assets with long periods of horizontal (sideways) price movement, marked by relatively small fluctuations between support and resistance levels.
Example: EUR/AEUR, it's a fiat currency and a stable coin #AEUR
The idea would be to profit from the tight range of the price movements, where volatility is low but predictable.
Hereâs how the "Horizontal Knives" strategy works:
1. Identify Horizontal Patterns:
The trader identifies crypto currencies stuck in a clear range, bouncing between a well-defined support and resistance level. These "knives" are essentially moving sideways, waiting for a breakout or breakdown.
Example 2: FDUSD/USDT, a #usdt and #fdusd stables
2. Buy Near Support:
Near the lower end of the range (support level), anticipating a bounce back toward the resistance level.
3. Sell Near Resistance:
For a small profit. Wait. Repeat.
4. Manage Breakouts:
Don't miss breakouts, they happen once in a while and are very đ delicious đ
5. Concentrate on SPOT only with 0 fee
đȘHorizontal KnivesđȘ
If you are sick of ridiculously high risks and want to mitigate. Pick a fiat/stable or stable/stable pair with 0 fees and run it for while. Small profit small risk, why not?
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Example 3: USDT/TUSD, both stables
