Bitcoin's recent market movements have provided quite a few short-term opportunities. I have developed a relatively stable trading approach through my own exploration, and today I want to share it with everyone.
First of all, I mainly look at the 4-hour candlestick charts. The RSI indicator is a good reference—consider reducing positions or taking some profits when it exceeds 70, and look for buying opportunities when it drops below 30. But just relying on indicators isn't enough; volume must also be considered. When there's a volume breakout, I add to my positions, as this usually indicates a strong move; conversely, if there's a volume contraction and a pullback, I will reduce my holdings first, since insufficient volume can easily lead to a reversal.
As for taking profits, my experience is to sell decisively when gains reach 10%-15%. That's how short-term trading works—don't be greedy. Sometimes I do feel a bit of regret when I see it continue to rise, but in the long run, this rhythm protects my principal.
This method has been in use for over half a year. Although there have been some failures, overall it remains relatively stable. Have you tried this kind of short-term strategy? Share your experiences in the comments.
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NFTragedy
· 19h ago
Running away at 10%-15%, it's easy to say, but how many actually follow through?
I use RSI as a reference, but I always want to wait a bit longer when it's overbought out of greed, and end up losing.
I also look at the 4-hour chart, but often feel that the volume indicators are misleading.
Honestly, maintaining stability for half a year is rare, I need to learn how you do it.
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GasOptimizer
· 01-20 10:50
Run away with just 10%-15%? Can the data support this threshold?
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ShibaMillionairen't
· 01-20 10:49
10%-15% then run, I feel like that's a bit conservative
To be honest, I've also tried the RSI + volume approach, but there are always a few times when false signals appear at critical points, which messes me up
Are you really consistently making money over the past half year, or are the losses from those failed trades actually quite significant?
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TradFiRefugee
· 01-20 10:31
Run when it's 10%-15%, this mindset is really, luckily I haven't been caught in a trap before.
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CryptoFortuneTeller
· 01-20 10:26
10% and you're out? Bro, your mindset is really steady. I need to learn from you.
Bitcoin's recent market movements have provided quite a few short-term opportunities. I have developed a relatively stable trading approach through my own exploration, and today I want to share it with everyone.
First of all, I mainly look at the 4-hour candlestick charts. The RSI indicator is a good reference—consider reducing positions or taking some profits when it exceeds 70, and look for buying opportunities when it drops below 30. But just relying on indicators isn't enough; volume must also be considered. When there's a volume breakout, I add to my positions, as this usually indicates a strong move; conversely, if there's a volume contraction and a pullback, I will reduce my holdings first, since insufficient volume can easily lead to a reversal.
As for taking profits, my experience is to sell decisively when gains reach 10%-15%. That's how short-term trading works—don't be greedy. Sometimes I do feel a bit of regret when I see it continue to rise, but in the long run, this rhythm protects my principal.
This method has been in use for over half a year. Although there have been some failures, overall it remains relatively stable. Have you tried this kind of short-term strategy? Share your experiences in the comments.