Crypto Trading: My Personal Approach
I've been trading crypto for over a year and have tried a variety of methods, approaches, and indicators. However, I discovered that RSI and the support/resistance technique were the most successful.
I am now earning $10-15 per day from trading utilizing the Supply/Demand strategy, and for the largest time frame, I check for liquidity and the RSI indicator.
It is a really good method, and my success rate is approximately 80-85%. In this post, I'll explain what trading approach I use on a daily basis.
My primary cryptocurrency preference in trading is Bitcoin, as well as any other crypto coins in which I have already invested or want to invest in the future.
Such as #Bitcoin, which is the safest investment coin, and #hive coin, which is already my investment, and if I get trapped, I am fine with that since I will hold for the longest period.
Also, I prefer coins that I want to invest in the future, and this method has enhanced my trading success rate.
Assume I have opened BTC/USDT trading and wish to trade in this pair. Simple: I'll open the trading pair and trade for 15 minutes TF.
Furthermore, I spend approximately 20% of my funds in a single trade, or 100% of my funds when the trade is more evident.
For buying I see the support area and find the candle with the wick on the bottom; this is my purchase point. In the long time frame, I find the best support with plenty of liquidity accessible.
Similarly, when I sell my coin. In the 15 minutes time frame, I look for resistance levels and the wick that leads to an increase in price, while in the long term, I look for more liquidity to sell my holdings.
This is the easy strategy I'm using, and to be honest, I'm earning $10-$15 per day, which I'm satisfied with. If you have any questions, I am delighted to help.
I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.
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REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.
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congratulations and keep the good work up, charting is hard and if u genuinely get that money per day you are better that quite a lot of traders already.
Thanks, Yup the hardest thing is crypto is trading. If you manage to books profits then you are a good trader