Quote from: bitgolden on Today at 09:39:17 AM

Quote from: Sliplop12x13 on April 27, 2021, 08:56:45 AM

I currently trade on Foreign Exchange Market and my preferred style is always "Scalping" which involves fast execution, and gaining advantage from short price changes.Thus, I highly rely on technical analysis rather than fundamental. I just want to know if scalping is practical in the crypto world.

Right now, I am into scalping with dogecoins; it is really exciting and highly profitable. I am making use of simple technical as of now, I am just following 30 days moving average along one hour candle stick and time to time I will confirm my buying with four hour candle stick as well. When we are having confident about strong bullish market then I guess we can make use of any strategy as base trend will get you profits regardless of where you are buying or selling.

That's a great strategy. Right now, I don't trade Crypto's because I am currently trying to understand the market's behavior. Usually when Scalping in Forex, I also use a 200 Exponential Moving Average to identify the current trend pair with the MACD indicator to measure the strength of a trend. I scalp on 15 minute charts for more entries.