6 powerful trading strategies
what cryptocurrency trading strategies should you use?
?There’s a myriad of strategies to trade cryptocurrencies but here are six basic trading strategies for traders with any level of experience:
?
Strategy #1: Trading moving average crossovers. This is a simple and powerful trend trading strategy. Find a trend and ride it for big gains. Moving averages are used to spot trends.
?Strategy #2: Pullback in Uptrend. This is another trend following strategy. Pullbacks can often provide opportunities to jump on an established trend.
?Strategy #3: Momentum & Uptrend. Another trend following strategy, that looks for altcoins in a long-term uptrend and a recent bullish momentum upswing.
?Strategy #4: Range trading. Range-bound trading is a swing trading strategy that seeks to identify and capitalize on altcoins trading in price channels.
?Strategy #5: Trading key levels. Trading around Support and Resistance levels is a foundational strategy that can be integrated into many others.
?Strategy #6: Chart pattern trading. There's common chart patterns that you can easily leverage for trading. It even indicates expected price path and target.
?
These six trading strategies are ready for use on altFINS platform, which is a unique screening and analysis tool for active traders looking for trading ideas.?
?