I've been looking for good scalping strategy's and I think scalping when you see a coin god an unnormal volume, I tried to use a scanner like the one on trading view but didn't know what setting to put on it
as a scalper, what are the ways to find the deal for you?
how do you rate the deal before going in?
what strategy do you use?
for me
I rate the trade like this
point for an Elliot waves pattern
point if there's a bullish divergences on the indicators
point if there's a classic pattern (triangle, channel, etc..)
point for the candle i want to join after
point if there's a good volume
looking in the order book to see any big orders in any price to count them as resistance or as Support, and see how the bid and ask is going.
looking at the fip level and see where are we on it
looking at volume profile resistances or Supports
what do you think of my way of trading? , tell us how you scalp.
Scalping is one of the good tools for us to earn here crpytocurrency but this is one of the difficult tools as well.
Therefore, if you are planning to apply this methods, make sure you know how to handle and manage this thing anyway.
Because if you will become neglectful and due to lack of knowledge about it, there is a high probability were in the end
you could be rekt as well.