Trade Bitcoin Trading

Trading on Multiple Bitcoin Charts Scalping Strategy

1 Minute Scalping Strategy Tutorial

Scalpers

This group of traders holds onto their trades only for a couple of minutes. The bitcoin trading scalper never holds on to a trade for more than ten minutes. With the objective of earning a small number of pips as profit, 5 - 20 pips.

A Scalper using 1 minute trading chart time-frame wants to open long, checks 5 minute trading chart time-frame, which looks like the one below, since 5 minute chart time frame show bitcoin trend is heading up, then decides from the chart trading analysis it's okay to buy.

1 Minute Scalping Strategy PDF - 5 Minute Scalping Strategy - Trading on Multiple Charts Scalping Strategy Method

Chart Time Frames - 1 Minute Scalping Strategy PDF - 5 Minute Scalping Strategy - Crypto Trading 15 Min Scalping Strategy Method

Traders using trading analysis use charts to try & attempt to predict the movement of btcusd crypto price on the btcusd crypto charts.

Bitcoin Scalping traders will sometimes use two or more chart timeframes so as to determine the long term bitcoin trend & short term trend.

How Do I Define a Crypto Price Bitcoin Trend for Scalping Bitcoin Trading

Using a system that has Three indicators - Moving Average Cross-over System, RSI and MACD & using simple trading guide-lines to define the trend. The rules are:

Upward Bitcoin Crypto Trend

Both MAs Moving Up

RSI Indicator above 50 Mark

MACD Above Center Line

Downward Bitcoin Crypto Trend

Both MAs Moving Down

RSI Indicator below 50 Mark

MACD Below Center Line

Multiple charts time-frames analysis equals using two chart timeframes to trade - a shorter one used for trading & a longer one to check Bitcoin trend - chart timeframes that you choose for trading bitcoin price action with will depend on the type of trader you are: for Scalping Traders the chart timeframes used for trading will be example of 1 minutes chart time frame and 5 minutes bitcoin chart timeframe.

Since it is always good to follow the bitcoin trend when bitcoin trading scalping, in Multiple Time-frame Analysis, the longer 5 min chart time-frame gives us the direction of the long term bitcoin trend when scalping using 1 Minute Bitcoin Chart Time Frame.

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