Enter a short trade on this button (sell) and you will win 20 trading points now from here 👇👇

1. Technical Analysis

  • Use charts to understand price action and identify entry and exit points.

  • Important technical indicators:

    • Moving Average (MA): Helps you determine the general direction of the market.

    • Relative Strength Index (RSI): Measures market momentum, indicating overbought or oversold conditions.

    • Support and Resistance Levels: Identify support (lowest price) and resistance (highest price) levels to make entry and exit decisions.

2. Day Trading

  • It is based on buying and selling currencies during the day, without holding your position after the day ends.

  • Tips:

    • Look for profit opportunities in small market movements.

    • Keep your trading time very short to avoid overnight risks.

    • Use stop-loss orders to limit losses.

3. Scalping

  • In this strategy, you open and close positions within a few minutes or seconds.

  • Principle: Profit from very short market fluctuations. You need to monitor the market constantly.

  • advice:

    • Focus on highly liquid currencies like Bitcoin and Ethereum.

    • Take advantage of small price differences to make quick profits.

    • Make sure to use platforms that offer low trading fees.

4. Stop-Loss and Take Profit Orders

  • Place stop loss orders to protect your investment if the market turns against you.

  • Use take profit orders to exit a trade once it reaches a certain target.

5. Trade based on the news

  • Important news such as technology updates or legal legislation can greatly impact cryptocurrency prices.

  • Stay up to date with the news and use it to your advantage.

6. Risk Management

  • Do not risk more than 1-2% of your trading account on a single trade.

  • Make sure to spread out your investments to avoid a big loss in one trade.

7. Use leverage with caution.

  • Leverage can help you increase your profits, but it also increases the risk of loss.

  • Use it only if you are familiar enough with the market movements.

This strategy relies on technical analysis and timing. Remember that the cryptocurrency market is very volatile, so always be careful and start with small amounts until you master your strategies.