Trade Bitcoin Trading

Trading on Multiple Bitcoin Charts Scalping Strategy

1 Minute Scalping Trading Strategy Guide

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 trading profit, 5 - 20 pips.

A Scalper using 1 minute 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 Tutorial - 5 Minute Scalping Strategy - Trading on Multiple Charts Scalping Strategy Method

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

Traders using trading analysis use charts to try and attempt to predict the movement of bitcoin cryptocurrency price on the bitcoin cryptocurrency charts.

Bitcoin Scalping traders will sometimes use two or more chart time-frames so as to figure out 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 & MACD and using simple guidelines to define the trend. The Trading Rules Are:

Upward Crypto Trend

Both MAs Moving Up

RSI above 50 Mark

MACD Above Center Line

Downward CryptoCurrency Trend

Both MAs Moving Down

RSI below 50 Mark

MACD Below Center Line

Multiple charts time-frames analysis equals using two chart time-frames to trade - a shorter one used for trading & a longer one to check Bitcoin trend - chart time frames that you choose for trading bitcoin price action with will depend on the type of trader you are: for Scalping Traders the chart time-frames 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 and provides us the direction of the long term bitcoin trend when scalping using 1 Minute Bitcoin Chart Time Frame.

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