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TOP 3 popular crypto trading strategies for beginners by CryptoRobotics
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[QUOTE="CryptoRobotics, post: 225056, member: 70418"] TOP 3 popular crypto trading strategies for beginners🔥 🧗♀️Scalping The essence of scalping is making many transactions during the day to get a small profit up to a few percent. How to trade? It is important to define two key parameters: support/resistance levels and trend direction. If the price rebounds from the lower limit, this is a buy signal, and if it bounces from the upper limit, it is a sell signal. 📈Trend trading When trend trading, you need to determine in which direction the price is moving at a given time. Trends are local and global. How to trade? If the trend is directed upwards, then it is necessary to highlight the key support and resistance levels - and it is worth starting from them. The support zone is suitable for opening long positions, and the resistance zone is suitable for closing. 💱Crypto Arbitrage There are two main types of crypto arbitrage: inter-exchange and intra-exchange. Inter-exchange arbitrage ▫️ Buy cryptocurrency on the first site at a lower price. ▫️ Transfer coins to the second crypto exchange. ▫️ Selling at a higher price. Intra-exchange arbitrage is the use of an intermediate trading pair within the same exchange. The course in different pairs can also vary greatly. ▫️BTC to ETH exchange; ▫️Buying LTC with ETH; ▫️Selling LTC for BTC. Put a 👍🏻 on this post. And if he scores 10 reactions, we will tell you about other trading strategies for beginners! [/QUOTE]
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