The cryptocurrency market allows you to earn every day.
The second cryptocurrency in terms of market capitalization after Bitcoin is Ethereum. Binary options traders are attracted to this asset by its high profitability and high volatility. In this article, we will look at the binary options trending strategy that many traders choose to make money on Ethereum.
Binary strategy characteristics:
Type: Trend.
Timeframe: Any in the range M1-M5. In our case, M1 is used, but with an increasing period of analysis, the accuracy of the signal is increasing.
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.
Percentage premium option: Not less than 70-75%.
Indicators that used in the trading strategy: Exponential Moving Average (EMA) with periods 15 and Williams Percent Range (Williams %R).
Trading binary options signals:
CALL - option. The price is below the Moving Average. The oscillator is in the oversold zone (below level 20) or turns up.
PUT - option. Opposite conditions: The price is above the Moving Average. The oscillator is in the overbought zone (above level 20) or turns down.
We open a deal on the next candle after the binary signals. The expiration time of options should be at least 5-7 minutes, even if the working timeframe is one minute, see more details on how to trade in the video