Top Six trading strategies in Cryptocurrencies

Trend Following Buy when the price is rising and sell when the price is falling, based on the direction of the overall market trend.

Breakout Trading Enter a trade when the price breaks above a resistance level or below a support level.

Range Trading Identify price levels of support and resistance and trade within the established range by buying at support and selling at resistance.

Mean Reversion Take positions against the prevailing trend, assuming that prices will revert to their average value after deviating too far from it.

News-Based Trading React to significant news events or announcements that could impact the cryptocurrency market

Scalping Execute multiple quick trades to profit from small price movements

Follow Top Six trading strategies in Cryptocurrencies

Next : Guru Nanak's Profound Quotes: Illuminating Wisdom on His Death Anniversary