Key Indicators
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Moving Averages (MA, EMA): Identifies the trend (e.g., EMA 50 and EMA 200)
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RSI (Relative Strength Index): Detects overbought (>70) and oversold (<30) zones
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MACD (Moving Average Convergence Divergence): Indicates trend crossovers
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Bollinger Bands: Helps identify volatility and reversal points
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Volumes: Confirms the strength of movements
Supports and Resistances
Support: Level where the price often bounces
Resistance: Level where the price often stalls
Breakout: When the price breaks a key level with volume, it is often a strong signal
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2. ETH Trading Strategies on Binance
đĽ Scalping (very short term)
Objective: Take advantage of small movements
Indicators: EMA 9/21, RSI, MACD
Example: Buy on a support bounce with a low RSI and sell on a resistance
đ Day Trading (short term)
Objective: Open and close a position within the day
Tools: Fibonacci, supports/resistances, volumes
Example: Trade a breakout of a key level with volume confirmation
đ Swing Trading (medium term, a few days/weeks)
Objective: Follow the trend over several days
Indicators: EMA 50/200, bullish MACD crossover
Example: Buy after a pullback on an EMA 50 with bullish confirmation
đŚ HODL (long term)
Objective: Accumulate ETH for the long term
Tools: Fundamental analysis, market cycle
Strategy: Buy in increments (DCA â Dollar Cost Averaging)
1. Technical Analysis (TA) for trading ETH
TA relies on the study of charts and indicators to anticipate price movements.
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3. Risk Management
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Stop-Loss & Take-Profit: Always set exit levels
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Risk Management: Never risk more than 1-2% of capital per trade
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Psychology: Avoid FOMO and revenge trading
#AT #scalping #MA #RSI $ETH