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What are the top strategies taught at imarketslive academy for trading cryptocurrencies?

avatarStyve TambweDec 16, 2021 · 3 years ago3 answers

Can you provide a detailed description of the top strategies taught at imarketslive academy for trading cryptocurrencies? I am interested in learning about the specific techniques and approaches that are taught to traders.

What are the top strategies taught at imarketslive academy for trading cryptocurrencies?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    At imarketslive academy, traders are taught a variety of top strategies for trading cryptocurrencies. These strategies include technical analysis, fundamental analysis, and risk management. Technical analysis involves studying price charts and using indicators to identify patterns and trends. Fundamental analysis focuses on evaluating the underlying factors that can impact the value of a cryptocurrency, such as its technology, team, and market demand. Risk management is also emphasized, teaching traders how to set stop-loss orders and manage their overall portfolio risk. By combining these strategies, traders can make informed decisions and increase their chances of success in the volatile cryptocurrency market.
  • avatarDec 16, 2021 · 3 years ago
    The top strategies taught at imarketslive academy for trading cryptocurrencies are designed to help traders navigate the complex and ever-changing crypto market. These strategies include trend following, breakout trading, and swing trading. Trend following involves identifying and following the direction of the overall market trend. Breakout trading focuses on entering trades when the price breaks through a key level of support or resistance. Swing trading aims to capture shorter-term price movements within a larger trend. These strategies are taught through comprehensive educational materials and live trading sessions, providing traders with the knowledge and skills needed to make profitable trades in the cryptocurrency market.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi, a popular digital currency exchange, also offers a range of educational resources and strategies for trading cryptocurrencies. Their academy provides in-depth training on technical analysis, chart patterns, and risk management. Traders can learn how to identify support and resistance levels, use indicators effectively, and implement proper risk management techniques. BYDFi's academy is known for its practical approach, providing real-world examples and case studies to help traders apply the strategies in their own trading. With BYDFi's educational resources, traders can gain a solid foundation in cryptocurrency trading and improve their chances of success in the market.