Submit a request Sign in
 
Logo Logo
Categories
Submit a request
Sign in
Indodax Academy Blog Indodax INDODAX.COM

What is Range Trading?

  1. INDODAX
  2. Information
  3. Indodax

browse

Range Trading is a trading strategy that involves buying and selling an asset when its price moves within a specific price range defined by clear support and resistance levels.

Range Trading is a trading strategy used by crypto traders to capitalize on price movements that are stuck in a horizontal or sideways range. Under these conditions, the asset price tends to move between the identified support (lower boundary) and resistance (upper boundary) levels.

Traders using the Range Trading strategy will buy an asset when its price approaches the support level and resell it when its price rises near the resistance level. The aim is to take advantage of limited price movements within the range.

This strategy is suitable for use when the market is in a state of consolidation or unclear trends, where prices tend to move within a limited range over a certain period. To effectively apply Range Trading, traders need to be able to identify strong support and resistance levels, and use good risk management to limit losses if the price breaks out of the forecasted range.

    Articles in this section

  • What is Omni Network?
  • How long is the validity period of the friends I invite using my account referral ID?
  • What is an Affiliate?
  • What is Open Network Pi?
  • What is Swap in Investment?
  • How is the P&L calculation on digital assets owned by members before January 1, 2023?
  • What is the Unrealized P&L feature in crypto?
  • Why did I get a notification that my ticket reporting via email will be closed?
  • Where can I get the official Indodax Merchandise?
  • Can I log into my account with a new device even if my account is connected to biometrics access?

Related articles

  • What is Wash trading?
  • General Terms and Conditions of Staking
  • I'm a New User and Don't Know Where to Start. How Can I Buy / Sell Digital Asset at indodax.com?
  • What is Wash Trading?

Promoted articles

  • BCA Virtual Account Payment Guideline
  • Frequently Asked Questions (FAQ) of Alarm Price Feature

Was this article helpful?


Have more questions ? Submit a Request
×
Logo
English (US) Bahasa Indonesia 简体中文
Indodax.com © 2022