As a swing trader, it is very important to have a clear entry and exit strategy. By entry and entry strategy, I mean, having a strategy that determines when to buy a particular cryptocurrency asset and when to sell a particular cryptocurrency asset so as to make the most profit from the market swings. For me, I like to have a clear strategy when doing swing trading to profit from the market swings.
Trends using technical analysis and indicators are my core entry and exit strategy when it comes to swing trading. When doing swing trading, I focus more on technical analysis especially after ensuring that the fundamentals and sentiments around the cryptocurrency are solid before proceeding to focus on the technical analysis of the chosen crypto asset pair.
Before I enter a trade, I would first do my technical analysis on the chosen cryptocurrency pair, which for this case is ENJ/USDT. I like USDT pairs a lot because it has the same value as USD and there is always a lot of volume and liquidity in the USDT pair across multiple exchanges[.](https://steemit.com/hive-108451/@designieplay/crypto-academy-season-2-week-7-the-swing-trading-style-by-yohan2on) I always use indicators to help me determine the trends in the market[.](https://steemit.com/hive-175254/@designieplay/about-swing-trading-entry-and-exit-strategy-and-multiple-time-frame-analysis) With indicators such as moving averages, RSI, volume indicator, MACD, I can determine the market trends to know when to enter or exit a trade. I like to use together the MACD and the moving average so get a clear determination of the market trend. The moving average confirms the MACD signals.
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#### Multiple Time Frame Analysis
Multiple time frame analysis is simply technical analysis that involves carrying out analysis on a particular cryptocurrency asset on different time frames to get a clear understanding of the market direction and trends so as to make the best swing trading decisions. When doing multiple time frame analysis, the swing trader would monitor a particular cryptocurrency asset on different time frames, to understand the market trend over a particular time period.
Since swing trading involves holding a particular cryptocurrency asset for a period of time, like multiple days or weeks, multiple time frame analysis would involve doing analysis on that cryptocurrency asset on multiple time frames up to months to get a clearer understanding of the market trend. I will be doing multiple time frame analysis on ENJ/USDT pair, focusing on hourly, daily, weekly and monthly charts.
