$BTC Swing trading is a medium to short-term trading strategy aimed at capturing medium to short-term price fluctuations in the market. Here are some common swing trading strategies:

Trend Following Strategy

• Identify Trends: Use tools such as moving averages; for example, when the short-term moving average crosses above the long-term moving average, it may indicate an upward trend; conversely, a downward trend.

• Confirm Signals: Combine indicators such as the Relative Strength Index (RSI); when the RSI value exceeds 70, the market may be in an overbought state, and the upward trend may be about to reverse; when below 30, it may be in an oversold state, and the downward trend may be about to reverse.

• Entry and Exit: In an upward trend, buy when the price retraces to the vicinity of the short-term moving average, and sell when the price breaks below the short-term moving average or shows a clear reversal signal.

Range Trading Strategy

• Determine the Range: Identify the high and low points of price fluctuations by observing price movements, forming a range.

• Buy and Sell Operations: Buy when the price approaches the bottom of the range and sell when it approaches the top of the range.

• Stop Loss Settings: Set stop-loss levels below the bottom of the range and above the top of the range to prevent significant losses if the price breaks the range.

Breakout Trading Strategy

• Identify Key Levels: Identify key support and resistance levels, such as previous highs, lows, and important moving averages.

• Confirm Breakouts: When the price breaks through a key level with volume, it signals entry. For example, if the stock price breaks above the upper boundary of a previous trading range with volume increasing by more than 50% compared to the average volume of the previous 5 days.

• Stop Loss and Take Profit: After a breakout, set the stop-loss level just below the breakout point, and the take-profit level can be determined based on target profit or subsequent resistance levels.

The above content is organized from publicly available information and does not constitute investment advice.