What are some popular strategies for short-term contract trading in the cryptocurrency market?

1 answers

• Abdou El abbassiMay 18, 2024 · a year ago
  As an expert in short-term contract trading in the cryptocurrency market, I can tell you that there are indeed popular strategies that traders use. One such strategy is called trend following, where traders identify and trade in the direction of established trends. This strategy aims to capture profits from the continuation of the trend. Another strategy is range trading, where traders identify price ranges and take positions at the support and resistance levels within those ranges. Traders using this strategy aim to profit from price oscillations within the range. Additionally, some traders use arbitrage strategies, where they take advantage of price differences between different exchanges or trading pairs. These strategies require quick execution and are often used by professional traders. Remember, it's important to thoroughly research and test any strategy before implementing it in your trading routine.
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