SWING TRADING STRATEGY 📊📉
One of the strategies I personally use for swing trading is as follows: First, I visit CryptoRank and check the ecosystem section. On that site, there are many ecosystems listed, and I specifically look for those where the TVL (Total Value Locked) percentage is increasing. As we know, TVL refers to the total value of assets locked within a DeFi ecosystem — which involves activities like trading, staking, lending, and borrowing, essentially anything financial that takes place on the blockchain. Why check TVL? If TVL is increasing, it shows growing interest from users in that ecosystem at that particular time. Rising interest leads to increased liquidity and volume, which implies that more money is flowing into the ecosystem. So, when I notice a significant rise in TVL percentage, I head over to DeFiLlama to examine the actual growth and activity. I assess the cash inflow and outflow. If I'm satisfied, I then look for 2 or 3 tokens within that ecosystem and begin analyzing them. Note...