#TrendTradingStrategy
asking for a trading strategy, likely related to SOL (Solana). Here's a step-by-step trading strategy tailored for a crypto like SOL, depending on your risk level, timeframe, and goals.
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đ 1. Choose Your Strategy Type
A. Swing Trading (Mid-term)
Goal: Capture price swings that last days to weeks.
Best For: Traders who can monitor markets once or twice a day.
B. Day Trading
Goal: Make profits from intraday price moves.
Best For: Active traders who can watch charts regularly.
C. HODLing (Long-term investing)
Goal: Buy and hold for months/years.
Best For: Believers in Solana's long-term potential.
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đ 2. Tools You Need
Charting: TradingView, CoinMarketCap
Exchange: Binance, Coinbase, Bybit, etc.
Wallet: Phantom, Ledger (for long-term storage)
Indicators:
RSI (Relative Strength Index)
