The basic idea of swing trading is to maintain a position for a short period to take advantage of market fluctuations. Investing with this strategy helps to formulate and execute a short-term strategy to make profits. Swing trading is usually done on short time frame charts.

Swing trading in cryptocurrencies is an approach that focuses on making profits in the digital currency market with small price fluctuations that occur within a broader range or trend. Traders seek to identify highs (during bull markets) and lows (during bear markets) to open a position with a probability of making profits#SwingTradingStrategy