5 Major Short-term Trading Secrets, Wealth Surge is Not a Dream
In addition to medium and long-term layouts, many friends in the cryptocurrency circle also enjoy short-term trading. Here are several summarized methods for short-term operations.
1. Technical Analysis
Use chart analysis, trend analysis, and other technical indicators to judge price trends, including support levels, resistance levels, moving averages, etc., to find buying and selling opportunities.
2. News Driven
Pay attention to news and hot events in the market, quickly buy or sell by analyzing and predicting their impact on the cryptocurrency market.
3. Day Trading
Profit by capturing short-term price fluctuations, usually completed within one day.
4. Breakout Trading
Judge the market direction by observing changes in trading volume when the price breaks through resistance or support levels, and buy or sell at the right moment.
5. Swing Trading
Utilize the characteristic of large price fluctuations to carry out medium to short-term buying and selling operations.
The cryptocurrency market has high risks and short operation times, requiring investors to have a high risk tolerance and the ability to understand market conditions. Additionally, short-term operations also need to pay attention to risk control, reasonably set stop-loss and profit targets, to protect the principal and achieve good returns! #韩国加密政策