#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