#DayTradingStrategy

⚡ Crypto Day Trading Strategy

🧠 1. Understand the Market

Volatility is key – day traders profit from small price movements.

Focus on high-volume coins (e.g., BTC, ETH, SOL, BNB).

📊 2. Use Technical Indicators

Here are a few top tools to use:

Moving Averages (MA):

Use 9 EMA (fast) and 21 EMA (slow) for trend spotting.

Buy when 9 EMA crosses above 21 EMA (bullish crossover).

Relative Strength Index (RSI):

RSI below 30 → Oversold (potential buy).

RSI above 70 → Overbought (potential sell).

MACD (Moving Average Convergence Divergence):

Look for MACD line crossing above signal line for a bullish signal.

Volume:

Confirm trends with strong volume increases.

🕐 3. Timeframe to Use

Use 5-min or 15-min charts for quick trades.

Look for entry confirmation on smaller timeframes with larger trend direction from 1-hour chart.

🎯 4. Entry & Exit Rules

Entry:

Wait for breakout or bounce from support/resistance.

Use indicators to confirm.

Exit:

Set Take Profit (TP) and Stop Loss (SL) before entering.

Example: TP at 2–3%, SL at 1–1.5%.

🛡️ 5. Risk Management

Never risk more than 1–2% of your capital per trade.

Use stop-loss orders to limit potential loss.

Keep a trading journal to track performance.

⚠️ 6. Avoid These Mistakes

Overtrading (too many trades per day).

Ignoring market news (e.g., Binance halts, SEC news).

Not using stop-loss.

Chasing pumps or FOMO buying.

🔁 Sample Setup:

Coin: ETH/USDT