Cryptocurrencies continue to generate income at any time and day of the week. There are many automated Expert Advisors with sophisticated "proprietary" strategies and indicators. Usually, this is only advertising, you can make money on simple strategies with basic technical indicators.
Timeframe: Any in the range M1-M5. In our case, M1 is used, but with an increasing period of analysis, the accuracy of the signal an increasing.
Trading asset: Any crypto options trading signals. The main requirement is a fixed (2-3 points) spread and no hidden fees.
Trading time: 24 hours / 7 days a week.
Percentage premium option: Not less than 70-75%.
The strategy uses two basic technical indicators:
We will open positions on the Binance crypto exchange - the leader in client activity and trading volume. After installing the tools, the terminal's working window looks like this:
Trading signals are simple; there will be no problems even for novice traders. The first signal will be a rebound from the Bollinger Bands or midline crossing. The main condition is to wait until the MACD crosses the zero level. This means a final shift in the balance of power between buyers/sellers. The final confirmation will be xSignals.
We trade orders for a rebound from only 3-5 candles after its start, we are sure to wait for a downward reversal of Bollinger Band.
Too “small” Stop, for example, Bitcoin or Etherum, will constantly trigger large losses compared to AltCoin. It should be at least 30-40 points if the deposit and leverage allow.
If you are a "technical" and not a "fundamental" trader, there should be no problems. Digital money is very volatile inside the day, especially AltCoin. This gives additional opportunities, if you have a good command of basic technical tools, you will be able to get a good and stable profit.