$ETH Trading strategies are predefined systematic plans followed to make buying and selling decisions in financial markets, based on technical or fundamental analysis, or a combination of both [2, 3]. These strategies involve determining the right time to enter and exit trades, managing risks, and adhering to strict rules [2, 6]. Examples of common strategies include trend trading, range trading, momentum trading, breakout trading, and swing trading.

Common types of trading strategies

Trend Trading:

Aims to capitalize on prevailing market trends either upward or downward, where the trader follows the price in its path.

Range Trading:

Benefits from prices fluctuating between defined support and resistance levels in a sideways market, i.e., a market that does not have a clear direction.

Breakout Trading:

Occurs when the price breaks through key support or resistance levels, aiming to profit from the strong movements that may follow.

Momentum Trading:

Focuses on the strength of recent price trends, buying or selling to take advantage of the ongoing price movement.

Swing Trading:

Considered relatively short-term trading, where the trader holds positions for a few days to benefit from price fluctuations.

It involves entering and exiting trades in a matter of seconds or minutes to achieve small, repeated profits. #BTCWhalesMoveToETH #BNBATH900