#DayTradingStrategy
Cryptocurrencies day trading strategy
Popular strategy were
1) Scalping :This strategy focuses on making numerous small trades for quick,tiny profits.Its required intense focus, constant chart monitoring and fast reaction time.
2)Breakout trading :This involves buying when the price breaks above a resistance level, expecting it to continue in that direction .
3)Range trading :This strategy involves identifying a price range and buying near the lower support level and selling near the upper resistance level within the range.
4)Stop-loss Order: A key risk management tool these automatically close a trade at a predetermined price to limit potential losses.
5) Moving Average strategy : Using indicator like moving averages to identify the direction of market trends and to confirm entry and exits points.
