#SwingTradingStrategy
Master Crypto Swings: Your Binance Guide
Swing trading offers an exciting way to profit from medium-term price movements (days to weeks). Unlike day trading, it's less demanding but requires sharp analysis.
Key Strategies:
* Trend Following: Identify clear trends (higher highs/lows for uptrends, lower highs/lows for downtrends) using 4H or 1D charts.
* Support & Resistance: Buy near support, sell near resistance. These are historical price reversal zones.
* Indicators: Use RSI (for overbought/oversold signals) and MACD (for momentum shifts) as entry/exit confirmations.
* Risk Management: ALWAYS set Stop-Loss (SL) and Take-Profit (TP) orders. Aim for a 2:1 reward-to-risk ratio. Never risk more than 1-2% of your capital per trade.
Binance Tools: Utilize Binance Charts for technical analysis, and practice on Binance Futures Testnet before live trading. Patience and discipline are paramount for success!
