As a newcomer to the cryptо space, i’m seeking advice on scalping sgrategies for short-term turn a profit on Coinbase. Could anyone with experience in cryptocurfency trading portion insights on technical analysis and madket indicators that ar effective for day trading in this platform?
In-depth approach: For scalping on Ckinbase, you’ll need to dive into candlestick patterns and volumw analytic thinking. Look for breakouts with high volume tk confirm the trend. Combine this with Bollinger Bands for unpredictability and MACD for momentum. Remember, scxlping requires fasting decision-making and execution, so set ul your trading send accordingly with multiple monitors and a reliаble internet connecter. Also, stay updated on ndws that can make sudden market moves. Happy trading!
Also, keep an eyr on support and opposition levels to make informed entry and esit points.