followers Peace be upon you Follow us, don't forget to like the page👍 ⚡️ What is scalping (#Scalping_Rid) in trading?
Scalping is a short-term trading strategy, where the trader focuses on small price movements (seconds to minutes), aiming to achieve repeated profits throughout the day.
🔑 Key features of scalping:
1. ⏱️ Short time: trades are often less than 5 minutes.
2. 💹 Small targets: 0.1% – 0.5% profit only per trade.
3. 📊 Large trading volume: where the small profit is repeated many times.
4. 🛠️ Essential tools:
Moving Average (MA) to determine the trend.
RSI and MACD to choose entry and exit points.
Order Flow/Volume to understand buying and selling pressure.
Price Action (candles + support/resistance).
🔥 Practical example on $SHIB /USDT:
If the price approaches support 0.00001200,
and the RSI is below 30 (oversold),
enter a buy with a small target towards 0.00001220,
and set Stop Loss# just below support.
💡 The idea: small profits + many repetitions = respectable gain at the end of the day.
🔥Recent fluctuations in the cryptocurrency market 🔥
The cryptocurrency market has experienced a wave of sharp fluctuations in recent days, resulting from the interaction of several technical and economic factors that have directly affected investor confidence and price movements.
The main reasons behind these fluctuations 1️⃣ A malfunction in the Yearn Finance platform
The Yearn Finance platform experienced a sudden technical malfunction, leading to a large sell-off within the system. This malfunction quickly reflected on the prices of a group of cryptocurrencies linked to the platform, pushing the market towards strong selling pressures.
2️⃣ Downgrade of Tether by S&P
S&P downgraded the credit rating of Tether (USDT), which increased investors' concerns about the stability of the largest stablecoin in the market. This announcement led many traders to hedge and reduce their exposure to risks.
3️⃣ General market effects
The accumulation of these events contributed to a wide sell-off that included most major cryptocurrencies, such as:
Liquidity levels on several platforms decreased, exacerbating the volatility.
😎Best buying opportunities
The cryptocurrency market remains known for its volatile nature, but recent events remind us of the importance of continuous analysis, risk management, and careful monitoring of news. Snap decisions and technical news can lead to significant movements in a short time.