🚀 Crypto Day Trading Strategy (5-Step Guide)
🔹 1. Pick the Right Coins
Focus on:
High volume coins: BTC, ETH, SOL, LINK, or trending altcoins.
Look for volatility and liquidity (tight spreads, deep order books).
Tip: Use Binance "Top Gainers" or CoinMarketCap “Trending” tab daily.
🔹 2. Use Technical Indicators
Combine 2–3 of these:
EMA Crossover (Exponential Moving Averages): 9 EMA crossing above 21 EMA = buy signal.
RSI (14): Buy when RSI < 30 (oversold), sell when RSI > 70 (overbought).
MACD: Momentum signal (bullish when MACD crosses above signal line).
VWAP: Trade long above VWAP, short below.
🔹 3. Chart Timeframes
Use 5-minute and 15-minute charts to enter/exit.
Use 1-hour chart to catch broader intraday trends.
🔹 4. Entry & Exit Plan
✅ Entry:
Confirm price breakout above resistance or a bounce off support.
Enter after confirmation candle, not during the spike.
🚪 Exit:
Set Take Profit at 1.5–2x your Stop Loss.
Use Trailing Stop Loss or fixed SL (e.g., 1–2% below entry).
🔹 5. Risk Management
Risk 1–2% of your capital per trade.
Use stop-loss orders always.
Avoid overtrading: 2–3 trades/day max.
📊 Example: BTC/USDT on 15-min Chart
9 EMA crosses 21 EMA upwards.
RSI at 40, rising.
Price above VWAP.
Entry: $60,200
SL: $59,700
TP: $61,200
Win ratio target: 55%+ with 2:1 reward/risk can be profitable.
⚠️ Bonus Tips
Use Binance’s Testnet or demo mode before live trading.
Avoid trading right before big news (NFP, Fed, CPI).