Here's a quick tip that has made me a bunch of money...
If you're interested in day trading but are not a professional who has 4 split screens, it can be very intimidating.
My first suggestion and quick tip is to start with the bollinger bands.
The bollinger bands, in quick summation, help show the trend of an asset in more detail than the current trading price fluctuation. A good crypto to start day trading with is one with a higher 24hr volume. This is because it can't be manipulated by one or a few investors as easily as a small coin.
The above pic is ETH/USDT. Notice the trend on the bollinger bands. Every time the price hits the bottom boll band, the trend shifts and the price starts to rise. The opposite is true when it reaches the top.
This isn't always the case, but as you monitor a coin and watch the trend (along with other tools that we'll talk about another time), you can get an idea of when the momentum will change.
As always, do your own research but I wanted to make sure my Steemit community is using the bollinger bands to their advantage!
Legal Disclaimer: This is only my opinion, make of it what you wish. This means that it's not advice or a recommendation to either buy or sell anything! It's only meant for use for entertainment purposes.
