$BTC Main Trading Strategy: Swing Trading
Swing trading is a popular strategy used with BTC pairs. This involves holding a position for several days to weeks in order to capitalize on expected upward or downward market shifts. Traders look for coins that show signs of a potential trend reversal or breakout and use technical analysis indicators such as RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), and support/resistance levels to plan entries and exits.
For example, in the ETH/BTC pair, a swing trader might buy ETH when it shows strength against BTC (e.g., after a bullish crossover on the MACD) and sell after hitting a key resistance level. Swing trading in BTC pairs is ideal for those who want to avoid the stress of day trading while still actively managing their portfolio.