This crypto sell-off is certainly one of the biggest, but it's not the worst we've seen. In fact, Bitcoin dropped over 80% in 2018, from $20,000 to $3,200. So, while this current dip is sharp, it’s not as drastic as past crashes.
Swing trading in choppy markets can feel like a roller coaster, but it doesn't have to be. In fact, swing trading works well in volatile markets if you know how to handle it. Choppy markets, with their up-and-down price movements, make it harder to predict trends. But with the right tools and strategies, you can still make smart trades.
You can learn to profit in both directions and make money whether the market rises or falls. Smart traders don’t just wait for prices to go up they trade both ways to stay profitable. Nearly 70% of traders only buy and hold, but professional traders use short-selling to take advantage of falling prices. In Forex trading, 90% of trades involve both long and short positions. The crypto market moves 5-10% daily, creating constant profit opportunities.
Order blocks are specific areas on a chart where large players, like institutions, place bulk orders. These zones are crucial because they often lead to price reversals or trend continuations. Simply put, understanding how order blocks work in crypto can help you identify where the market is likely to move next.
Divergence is a powerful trading concept that reveals when price movement and market momentum don’t align, often signaling critical shifts in trends. For crypto traders, mastering divergence can significantly improve decision-making.
The MACD (Moving Average Convergence Divergence) is one of the most trusted tools in trading. It helps you spot trends and pick the best times to enter or exit a trade. Studies show that traders using tools like MACD see up to 30% better results in identifying market trends compared to those who don’t.