Swing trading is a strategy that aims to capture short- to medium-term gains in a crypto asset over a period ranging from a few days to several weeks. Traders use technical analysis to identify entry and exit points based on momentum, chart patterns, and indicators like RSI or moving averages. Unlike day trading, swing trading doesn’t require constant monitoring but still involves active decision-making.
Example:
A trader buys Bitcoin at $60,000 during a support bounce and sells at $64,000 a few days later when resistance is reached, locking in a short-term profit.