A good example of averaging down.
In this case, I entered a sell position at $BTC
In the image, I sold and it went up, so I sold again at a higher price, and I averaged down. If Bitcoin continued to rise, I would sell even higher.
But of course, this is not a shot in the dark. I know because the chart tells me, on the daily, that it will fall. So I go to the M15 and find the sell trigger, in this case, any bearish candle. And I enter a sell position.
I did this trade just for demonstration. How a day trading strategy can help in swing trading when, of course, your coins drop.
