Crypto day trading involves buying and selling digital assets within a single trading day to profit from market volatility. #DayTradingStratery
Effective strategies include:
Momentum Trading: Identify coins exhibiting strong trends; enter positions riding the wave and exit before momentum fades. Use RSI and MACD indicators.
Scalping: Make rapid trades for small gains throughout the day. Requires close market monitoring and quick execution.
Breakout Trading: Watch for price breaking key support/resistance levels, entering positions on confirmed breakouts with stop-losses just beyond the threshold.
Risk Management: Limit trade size to 1–3% of capital, set stop-losses, and maintain disciplined exits to control losses.
Mastery of technical analysis, a clear plan, and emotion control are essential for consistent success.