Evaluation of trading strategies for Ethereum Classic (etc.): a guide
Ethereum Classic, a hard fork of the original Ethereum blockchain, is gaining popularity between investors and traders. The decision to exchange etc can be made after an in -depth analysis of its trading strategies. In this article, we will guide you through the process of evaluating trading strategies for etc.
Understanding of Ethereum Classic (etc.)
Before immersing yourself in trading strategies, it is essential to understand what makes unique etc. Here are some key points:
* Blockchain technology : etc. It operates on an algorithm of Pow-Of-Stake consent (POS), which is different from the traditional test of testing (POW) used by Ethereum.
* Intelligent contracts
: etc. It has its own series of intelligent contracts that regulate the behavior of the network and allow decentralized applications (APPS).
* Limited offer : the total offer of etc. It is limited to 21 million, making it a relatively scarce assets.
Popular trading strategies
Here are some popular trading strategies for etc.
1. Treen following the strategy
This strategy provides for the identification of the trends in the price of etc. And follow them to do operations. The followers of the trend use technical indicators such as mobile media (ma) and relative resistance index (RSI) to evaluate the moment.
- Use a but 20 periods with a 2% mobile crossover
- Sets a 10% loss of arrest
- Sets a 50% socket profit
2. Gamma trading strategy
The traders of the range identify the levels of support and resistance in the graphic designer of ETC prices and in the trade within these intervals.
- Identifies key and resistance key levels using indicators such as Bollinger Bands
- Use a but 20 periods with a 2% mobile crossover to identify trendy inversions
- Set 10% stop losses
- Set you take profits at 50%
3. Average inversion strategy
This strategy provides for the identification of the conditions of above compensated or superfluous in the graph of the ETC prices and to do operations based on the assumption that the prices will return to their average.
- Use indicators such as MacD and RSI to identify the conditions of compensated sovereign/hyperme
- Set 10% stop losses
- Set you take profits at 50%
4. Brok strategy
Scalper use small operators to profit from short -term price movements in the Etc.
- Use indicators such as the stochastic oscillator and the Bollinger gangs to identify the hypercomposition/hyper -fired conditions
- Set the 5% arrest leaks
- Set you take profits at 10%
5. Trading Swing strategy
The traders of oscillations focus on medium -term prices movements in the market etc. Etc.
- Identifies key and resistance key levels using indicators such as MacD and RSI
- Use a but 50 periods with a 2% mobile crossover to identify trendy inversions
- Set 10% stop losses
- Set you take profits at 20%
important considerations
Before implementing any trading strategy, consider the following:
* Risk management : Understand that trade in etc. It involves significant risks. A well weighted strategy with adequate risk management measures is essential.
* MARKET Volatility : the market of etc. It can be highly volatile due to various factors such as regulatory changes, technological progress and economic conditions. Prepare for rapid price movements.
* Liquidity : Make sure you have enough liquidity in your commercial account to absorb potential losses.
Conclusion
Trading strategies for Ethereum Classic (etc.) require careful analysis of market dynamics and a well -weighted approach to risk management. By understanding the unique features of ETC and implementing popular trading strategies, investors can increase their chances of success in this emerging market.
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