Bybit Copy Trading Gold&FX offers effortless diversification into gold and FX markets, passive income opportunities, and a transparent profit-sharing model.

 has emerged as a great way to become quickly profitable, even in markets one may not be intimately familiar with, by replicating the orders and strategies of experienced Master Traders. And for experienced and successful Master Traders, it has created unique opportunities to efficiently earn additional profits.

Recognizing the growing popularity of copy trading, Bybit has introduced a new product, Copy Trading Gold&FX, which allows traders to seamlessly follow the market moves of experienced Master Traders and leverage their expertise to earn profit in 

 (FX) markets. Skilled gold and FX trading pros can now share their moves in real time and earn income based on profits they generate for their Followers.

Beyond the usual benefits of copy trading, Bybit’s Copy Trading Gold&FX allows traders to diversify their investments into the established, high-liquidity gold and FX markets. For many crypto traders, such diversification is key to hedging against the high volatility and risks associated with the 

 is Bybit’s latest innovative copy trading product targeted at the high-liquidity lucrative markets of gold and FX. 

Thanks to Copy Trading Gold&FX, Master Traders can monetize their trading expertise by helping their Followers turn a profit, while Followers without prior trading experience can effortlessly derive passive income through replicating professional strategies. The product focuses on gold, FX pairs and market indices.

 (MT5) platform. Bybit’s MT5 provides traders with access to various markets and products, including FX pairs, metals and other commodities.

Bybit Copy Trading Gold&FX operates differently from 

 For example, Copy Trading Gold&FX allows trading in gold, FX products and market indices. In contrast, Copy Trading Classic is designed for futures trading. Another highly important distinction is in the way profits are shared.

While both Bybit Copy Trading Classic and Copy Trading Gold&FX allow Master Traders to earn a portion of the net profits generated by their Followers, Copy Trading Classic calculates the net P&L daily, with the profit-sharing ratio based on the Master Trader’s rank. On the other hand, Copy Trading Gold & FX utilizes a High Water Mark (HWM) mechanism for profit sharing where Followers' profits are shared with Master Traders only when the net profit, which includes both realized and unrealized PnL, surpasses its previous peak. This is designed to ensure that Master Traders are rewarded for consistent profitability. A percentage of up to 15% can be shared.

Trading fees on the Copy Trading Gold&FX account vary by type of asset traded and are charged per lot. FX and gold are charged $6 per lot, and market indices are $3 per lot.

Trading volume within your Copy Trading Gold&FX account counts toward qualification for 

. This is a set of VIP grades for Bybit accounts that provide additional benefits and fee discounts commensurate with the VIP level achieved. However, note that volumes from Copy Trading Gold&FX are subject to a 10x multiplier for VIP level qualification to ensure that volume calculations for FX/Gold and the standard futures products are equalized, despite the typically large differences in trading lot sizes.

Unlike the standard copy trading account, which is based on daily profit sharing, profits from Copy Trading Gold&FX are shared once per week. The MT5 platform automatically calculates weekly distributions, and seamlessly shares the profits from Followers to their Master Traders using the HWM principle mentioned above.

For Master Traders,a copy trading account offers the valuable opportunity to monetize their trading expertise. Meanwhile it provides Followers a passive way to earn, with profits shared only if their Master Trader consistently achieves and beats their best results.

Bybit Copy Trading Gold&FX allows traders to diversify into the highly liquid, stable and well-established markets of gold and FX. Such diversification away from relying on crypto can be a great hedge against the volatility of the crypto market, or any potential prolonged bear markets in it. Thanks to the copy trading mode, even traders new to these lucrative markets can reap the benefits of diversification by copying the moves of FX and metal commodity pros.

Followers can learn from the trades and strategies of top performers in the FX and gold markets. Besides easy profitability, this provides an outstanding experience for learning and skill development.

Bybit’s MT5 platform provides a user-friendly interface, with functions and tools for traders at all levels to derive the best from their copy trading experience. An MT5 Copy Trading Gold&FX account ensures that the entire trading experience is as seamless as possible by providing advanced options, such as automatic trades and over 

90 indicators for thorough market analysis.

The HWM profit-sharing model ensures that Master Traders are motivated to maximize their Followers’ profits by consistently achieving profitability and surpassing their previous bests. Additionally, all trading moves of Master Traders are transparently visible, which helps to foster trust in the platform. Potential Followers can also view the leaderboard of the most profitable Master Traders, and choose their preferred trading 

There are, of course, risks associated with a Copy Trading Gold&FX account. First, there’s the risk of reliance on third parties outside of Bybit’s control, as Copy Trading Gold&FX is linked to the international forex and commodities markets. Secondly, masters’ past performances are not an ironclad guarantee of their future profitability. 

Additionally, Followers and Master Traders might initiate the same order based on different entry prices, due to factors like network delays or sharp, quick fluctuations in the asset’s price at the time of order execution. These price discrepancies may result in distinct outcomes. Finally, despite its unique benefits, the HWM profit-sharing model could motivate some Master Traders to adopt increasingly risky strategies in order to maintain their profit cuts.

Bybit Copy Trading Gold&FX is an excellent option for traders looking to become profitable from gold and FX markets. It also provides numerous other benefits, such as diversification away from crypto, a great learning experience and the transparent nature of this trading mode. The innovative HWM profit-sharing mechanism ensures that Master Traders give their best to maximize their Followers’ profits. 

With all of these advantages for Master Traders and Followers, Copy Trading Gold&FX is 

 for traders at any levels of experience.

Intermediate

copy trading gold&fx.png

Benefits of Bybit Copy Trading Gold&FX: Unlock Your Profits With Ease

An MT5 demo account is a risk-free trading environment that simulates live market trading on MetaTrader 5. Read our article to get started with Bybit Gold&FX.

Want to master trading cryptocurrencies, forex and CFDs (metal, oil and indices) without risking your own capital? Bybit's 

 demo trading platform provides a simulated environment in which users can practice trading strategies, test automated systems and gain hands-on experience with professional trading tools.

In this guide, we'll explain what an MT5 demo account is, how it works and its key benefits, and provide step-by-step instructions for setting up your own demo account. We'll also help you decide if creating a demo account is right for your trading journey.

An MT5 demo account is a risk-free trading environment that simulates live market trading with MetaTrader 5. It lets traders use virtual funds to practice trading crypto, forex and CFDs while accessing all platform features and tools.

The Bybit MT5 demo account works by creating a 

 to give traders hands-on experience without financial risk. Operating on its own dedicated server (Bybit-Demo), the platform delivers real-time market data with intentional price variations to maintain a clear distinction from live markets while preserving realistic trading conditions.

Traders access the environment through Bybit's Testnet platform, where they can experiment with virtual funds and test trading strategies risk-free. Every aspect of the trading experience mirrors the live platform — from order execution mechanics to position management tools — ensuring traders develop practical skills that transfer directly to live market trading.

The MT5 demo account comes with the same professional tool kit found on standard MT5 accounts:

The platform maintains leverage settings and margin requirements identical to those in live trading accounts. These authentic market conditions allow traders to experience true market dynamics, build proper 

 habits and perfect their position-sizing strategies before trading with real capital.

Here's what makes the MT5 demo account an essential tool for traders.

Live market trading involves real capital and significant financial risk, often creating intense pressure that can impair learning and decision-making. The MT5 demo account eliminates this stress by providing a zero-risk environment in which traders can open positions, test aggressive strategies and learn from mistakes without monetary losses.

The MetaTrader 5 platform offers sophisticated trading tools that require time and practice to master effectively. By using the demo account, traders can thoroughly explore these features without pressure or time constraints.

Traders can spend time learning different chart types, testing various technical indicators and mastering complex order executions. This hands-on experience with the platform's tools builds the confidence and competency needed for successful live trading.

Successful trading requires well-tested strategies that perform consistently across different market conditions. The demo account serves as a laboratory where traders can methodically test their trading ideas, refine entry and exit points and optimize position sizing rules.

The platform provides detailed trading history and performance metrics for thorough strategy analysis. This allows traders to identify and fix weaknesses in their approach before risking real capital in live markets.

Beyond technical platform knowledge, the demo account helps develop essential professional trading skills. Traders learn to interpret market dynamics, understand how economic events affect prices and develop the emotional discipline needed for consistent trading.

The platform's real-time feedback helps traders understand their decision-making processes and improve their market analysis abilities. This practical experience creates a solid foundation for successful transition to live trading.

How to Get Started With an MT5 Demo Account

: Log in to your account. If you have a new account, fill in your email address and create a secure password. Click on 

 and verify your email if prompted. Only a Bybit Main Account holder can activate a Bybit MT5 Account.

: Congratulations! Your account has been created! Your 

 tab. You can also view your details when you click on 

. Keep the following login credentials (provided in the pop-up window) safe, as you'll need them to access the MT5 demo platform:

 in the drop-down menu, and select the amount of demo funds you would like to receive. You can choose from 

: Now that your demo account is funded, scroll down the page to download the MT5 platform based on your device’s operating system. For computers, you can download MT5 for Windows or macOS. Mobile traders can find the app on 

Optional: Set Up Your Trading Preferences

: Customize your MT5 interface by clicking on 

: Configure your charts and trading workspace:

: The demo server time zone is set to UTC+2 by default, and changes to UTC+3 during daylight saving time (DST). This setting cannot be modified.

An MT5 demo account is worth considering if any of the following apply to you:

Whether you're just starting your trading journey, or are looking to enhance your existing skills, the MT5 demo account offers the perfect balance of professional tools and risk-free practice. Take advantage of this opportunity to build your confidence and expertise before transitioning to live markets.

A Bybit MT5 demo account serves as an essential stepping stone along every trader's journey. It combines the powerful features of the MetaTrader 5 platform with Bybit's robust trading infrastructure, allowing you to practice trading cryptocurrencies, forex and CFDs risk-free.

While demo trading can't completely replicate the emotional aspects of live trading, it provides an ideal environment in which to master the platform, test strategies and prepare for managing real capital. Take advantage of this free resource to help build your confidence and refine your trading approach before transitioning to live trading.

Beginner

mt5 demo trading, gold & fx demo trading.png

MT5 Demo Trading: How to Set Up Your Bybit MT5 Demo Account

President Trump announced a private-sector investment of up to $500 billion to fund AI infrastructure, aimed at advancing U.S. leadership in the technology.

The S&P 500 hit a record high, rising 0.61% on strong earnings and optimism about Trump's policies. Investors await more earnings and jobless claims data. Gold rose above $2,760, driven by uncertainty over Trump’s tariff policies. Investors focus on the Fed’s January meeting, with key resistance at $2,763 and downside support at $2,582. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 2.67%, with Bitcoin and Ether dropping by 1.75% and 2.26%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is WLD, which surged nearly 5.5% following the boost from Trump's AI investment plan.

Worldcoin (WLD), founded in 2019, is a blockchain project that uses biometric eye scans to create unique digital IDs, ensuring privacy. Participants receive Worldcoin tokens for verification, granting access to free money. Co-founded by Sam Altman, it aims to build a global ID system and facilitate transactions via the World App, with $115 million raised in its Series C funding. Worldcoin's price surged after Trump announced a major AI investment plan involving OpenAI. The news boosted the crypto market, with Worldcoin's market cap rising significantly. AI-related projects also saw gains as traders grew optimistic about AI's influence on crypto.

Check Out the Latest Prices, Charts, and Data of 

 a private-sector investment of up to $500 billion to fund AI infrastructure, aimed at advancing U.S. leadership in the technology. The initiative, led by OpenAI, SoftBank, and Oracle under the joint venture "

," will include the construction of 20 data centers and create over 100,000 jobs. The project, already underway in Texas, is expected to support AI advancements like electronic health record analysis. The investment comes after the rollback of AI-related regulations from the Biden administration. Shares of Oracle and other tech companies saw a rise following the announcement.

Yesterday, BTC Spot ETFs experienced total outflows of $95.6 million, comprising $47.9 million from GBTC and $47.7 million from non-GBTC sources.

, with claims starting today at 1 PM UTC on the Arbitrum chain. The current pre-market price is $0.10. Eligibility includes Azuki NFT holders, top HYPE stakers, and holders of select tokens from platforms like Aave, Camelot, GMX, and Pendle. It's mainly targeted at whales, though some non-whales may qualify.

1.png

Trump Unveils $500 Billion AI Infrastructure Investment to Boost U.S. Leadership

GoPlus is a web3 security provider whose user-driven security network provides protection for every step of the transaction lifecycle. Learn more here.

While online transactions offer a lot of convenience and speed, they do come with some potential security risks. Although problems like scams, hacks and data leaks are infrequent, some crypto traders end up having to deal with them. GoPlus hopes to solve these issues with its revolutionary security system. This project aims to be the first decentralized security layer for 

 builders. GoPlus has already managed to acquire many impressive customers, and has big plans for the future. 

What can users expect from GoPlus? Explore this guide to learn more about the system. 

 is a web3 security provider. Its user-driven security network provides protection for every step of the transaction lifecycle. GoPlus seamlessly integrates into products built on 

, Avalanche, TRON, Base and a variety of other chains.

Since its creation in 2020, GoPlus has been run by a group of three co-founders. The lead founder, known as Mike Lee, has also created other web3 startups, such as Delphy and Yixuan Tech. His experience working on decentralized markets demonstrated a need for better security services. Lee was joined by co-founder Allen Zhang, a former solution architect for Ant Group, and co-founder Eskil Xu, an economist who focuses on entrepreneurship and business.

Since its public launch in 2022, GoPlus has managed to attract a lot of positive attention. Its investors include Binance Labs, Animoca Brands, OKX Ventures and HashKey Capital. The platform has an average daily API call rate of 

, and it has protected clients from over 800,000 malicious threats.

GoPlus is tackling the issue of poor security in the web3 world. While blockchain products have significant inherent security, current setups make it quite easy for malicious actors to take advantage of customers. Industry reports suggest that the web3 industry loses 

GoPlus's focus is on addressing common security issues that can steal money from non-tech-savvy crypto users. However, the GoPlus team recognizes that the people most vulnerable to scams don't have the know-how to install their own security measures. Therefore, GoPlus aims to be a flexible system that can be added directly to web3 systems. Its team endeavors to create a helpful tool that any web3 project can connect to its network in order to keep users from falling for phishers and other scammers.

GoPlus is essentially set up as a decentralized software provider. The GoPlus ecosystem consists of a group of interested data providers, node providers, security developers and other contributors who provide computing power, store data and suggest changes to the GoPlus system. The trustless design requires contributors to stake tokens, so malicious actors lose money while valuable contributors earn it. 

GoPlus’s system then runs a comprehensive set of security features that any web3 developer can choose to install. Once GoPlus is connected to a 

 (DApp) or other part of a web3 ecosystem, user transactions are routed through various layers of the GoPlus architecture. Individual layers — such as data verification, anti-phishing and data security — provide security features as needed. Sophisticated security engines within the architecture can do everything from tracking common scammer IP addresses to dynamically testing smart contracts for vulnerabilities.

GoPlus has a robust suite of security features from which to choose. Following are the primary ways it provides value to web3 developers and users.

The GoPlus app is a comprehensive security module meant to combine all of GoPlus's features in one easy location. The app is accessible from a variety of devices, and enables users with full control over all their security needs. They can opt into and out of various security policies, and set their own risk levels.

The GoPlus Security API is a set of application programming interfaces that allow various applications to communicate with GoPlus and access its security features. The Security API suite from GoPlus has a modular design that allows users to choose from options, such as token security analysis, malicious address libraries, NFT security assessments and phishing site blockers.

GoPlus's Security SDK is a collection of software development kits that make it easy to integrate GoPlus features directly into any project. Interested developers can access a bundle of pre-coded security features that they can insert into their own designs.

 makes it easier to create and deploy secure cryptocurrency tokens. It includes open-source token contract templates, pre-audited designs and automated security checks. 

 chain that allows direct integration of security features into blockchain networks. The main benefit of SecNet is its on-chain firewall that monitors transactions in real time and stops high-risk transactions from running. 

In 2024, GoPlus was able to achieve many of its road map goals, 

 SecNet, SecHub and the SecWare protocol. Now that the basic protocols for the GoPlus security ecosystem are in place, GoPlus is transitioning to improving its customer service features. The next focus of the

 entails implementation of the security gas service model that will let contributors use the GPS token to protect on-chain transactions. 

GoPlus also plans to open its developer platform and create an open-sourced playground where community members can tinker around with new features for GoPlus. The final plan on the 2025 road map is to add support for more blockchains. 

The GPS crypto token is designed to facilitate the decentralized operation of the GoPlus platform. People can use it to pay for transaction fees and security features from GoPlus, and to help manage the staking system that secures the GoPlus network. The token’s total supply of 

 will be distributed in the following manner:

Since its release on the open market, the GPS token has almost doubled in value. Coin prices initially started at around $0.05, and quickly reached an all-time high of $0.1199 on Jan 22, 2025. Since then, its price has mostly stabilized within the range of $0.1191 (as of Jan 22, 2025). However, GPS is still a fairly new coin with a lot of potential for price change.

Though it's still too soon to get exact pricing predictions for GPS, the future looks promising for this token. CoinMarketCap reports 

, and on social media people are calling it a 

Looking to trade GoPlus tokens? Bybit now offers the GPS/USDT Spot trading pair. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

To celebrate this listing, Bybit is holding 

 for you to earn a share of a 19,000,000 GPS prize pool.

GoPlus appeals to the needs of modern crypto users. It provides security in a convenient manner, which has helped its token reach a respectable price. Investors who like working with new startups and tech-based companies may enjoy getting GPS tokens, especially during the current hype for the new token drop. Since the token has significant utility within the GoPlus ecosystem, its ability to maintain value over the long term is also promising.

However, GoPlus is still quite new, and it’s impossible to guarantee its success. The project relies on a small team, and anything that goes wrong could lead to a potentially major drop in the GPS token’s value. If GoPlus’s team fails to continue developing its product, enthusiasm and interest in the token could wane. Therefore, GPS investors need to pay close attention to market conditions and keep their portfolios diversified if they want to work with this token. 

GoPlus provides a valuable service for people looking to enhance web3 products. By implementing security features from the ground up, GoPlus addresses a lot of the common challenges that crypto users face. As long as it can continue to build on its current success, GoPlus has the potential to become an essential part of many other crypto systems.

goplus, gps crypto.png

GoPlus (GPS): Your Gateway to Safer Crypto Transactions

Strategies

Trading

Multiple time frame analysis is a process for reviewing different chart time frames of the same crypto to find strong trends. Learn how it can be applied to crypto trading.

How-to-Find-Entry-Exit-Point-Using-Multiple-Time-Frame-Analysis_(1).jpg

Multiple time frame analysis is a process for reviewing different chart time frames of the same cryptocurrency to find strong trends and trading signals. There are several benefits to this style of analysis, and it’s very popular among seasoned traders. This analysis is especially useful for cryptocurrencies, as they trade 24/7.

What Exactly Is Multiple Time Frame Analysis (MTFA)? 

Multiple time frame analysis analyzes the same market through different chart time frames to identify trading opportunities. This technique can be used with stocks, commodities and forex, but it’s especially useful for trading cryptocurrencies.

A trader implementing multi time frame analysis uses a longer time frame chart to assess larger trends. Then, the trader drills down to a smaller time frame chart to fine-tune their entry or exit. There are several benefits to this analysis. With a little bit of study, it can be easy for you to realize some of these benefits.

Multi time frame analysis helps a crypto trader:

Since you’re reviewing price history from various chart time frames, you can see different trends. Some of these trends will be opposites. The variety of perspectives of the market provides more input and data to make a trading decision.

Applying multiple time frames to your chart analysis is a straightforward three-step process. First, identify the direction of the trend on the longer-term chart. Second, look for signals on the smaller time frame chart that align with the longer-term trend. And third, place the trade that agrees with the longer-term trend.

This process filters out short-term counter-trend signals, which have a lower probability.

MTFA Helps You Spot Support and Resistance

Oftentimes, when we’re reviewing a price chart, we don’t zoom out far enough to identify longer-term key levels that may affect our trade. For example, a 5-year trend line would be visible on a daily or weekly chart, but not necessarily on a 2-hour chart. Therefore, the longer-term chart trend analysis can help you spot these key levels so you can avoid getting caught on the wrong side of a trade.

When you’re focused on the longer-term time frame, the shorter-term trend may begin to change before you see it. For example, let’s say you like to analyze and trade using the daily price chart. If the shorter-term time frame chart, such as the 1-hour, were to signal a trend change, you could use that information to adjust your trade accordingly.

Identify Entry Points and Exit Trades Earlier

Just as the previous benefit suggests, when you analyze a smaller chart time frame, you can see trend changes earlier. This allows you to jump into trades before the signal appears on the longer chart time frame. The same principle holds true for exiting the trade.

Why Technical Indicator Results Change When Used in Different Time Frames?

One of the biggest reasons why multi-time frame analysis works is that the indicator’s output changes when the chart time frame is changed. 

Depending on your preferred time frame, for example, in the left panel above we see a daily chart for Bitcoin, with a 200-period simple moving average. The right-hand panel of the chart is a 4-hour intraday chart, with the same 200-period simple moving average included. Do you notice how the moving average has a different shape and displays different results simultaneously?

This is because there are 200 pieces of data going into the moving average’s calculation. Those 200 pieces of data are different when you’re looking at a daily chart, versus intraday minutes or hourly charts. As the data changes, so does the output.

We can use different output values to provide us a different perspective on the market. 

Once again, multiple time frame analysis is a simple three-step process.

During 2020–2021, Bitcoin was on a monster trend to the upside. From April 29, 2020, to May 19, 2021, it traded above the 200-period simple moving average, signaling the trend was up. This is the longer-term chart that filters out trends for long and buying opportunities.

Now we scroll down to Bitcoin’s intraday chart, like the 4-hour time frame or (four-hour chart). At this point, we’re only going to look for buying signals from the 

 (RSI). Ignore the sell/short signals. Focus only on the long signals.

Several signals are given over Bitcoin’s 12-month uptrend. Some of the signals will work out, and some of the signals will end up as losing trades. However, the opportunities to buy Bitcoin on the 4-hour chart are plentiful, whereas a trader focused solely on the daily chart will not witness any RSI signals.

Once you have the analysis complete, then step 3 is to make the trade.

Identifying the Best Time Frame for Crypto Trading

Crypto traders who are newer to technical analysis often wonder the best chart time frame to use. The answer to that question depends on the personality of the trader and is a matter of personal preference. However, there are some best practices to consider when using multiple time frame analysis.

Generally speaking, you want to use a longer-term trend chart that covers a time frame about 4–6 times larger than the shorter-term signal chart.

Table: Common Multiple Time Frame Analysis Chart Combinations

For example, if a trader likes to make trades based on the 1-hour chart, then consider a longer-term trend chart, such as a 4-hour or 6-hour chart.

Another trader, who prefers to find trends on a daily chart, will look at the 4-hour chart for signals.

One of the benefits of cryptocurrencies is that you can trade them in and out quickly — or hold them for long-term speculation. Multi time frame analysis can be applied to any of these styles of trading. Let’s look at four different traders, and how they might use multi time frame analysis.

Using Multi Time Frame Analysis When Day Trading

Day trading is a popular strategy, owing to crypto’s volatile price movements. This method allows the trader to get into and out of the trade the same day. A day trader will likely focus on the 30-minute trends and use the 5-minute chart for signals.

In the chart above, the trader applies the 200-period simple moving average to the 30-minute chart of Ethereum to determine the longer-term trend for day trades. This is the equivalent of finding the trend for the past four days. The trader spots a nice trend on July 27, where Ethereum holds up above the moving average.

The trader shifts down to a 5-minute chart and applies an indicator, such as the Commodity Channel Index (CCI). When the CCI crosses up above −100, it’s a signal to buy. Since the trader has determined from the 30-minute chart that the trend is up, the focus will only be on the buy signals, ignoring the sell signals.

Multiple Time Frame Analysis Strategy for Swing Traders

Swing traders are going to be interested in determining the trend on a daily chart, then swinging down to a 4-hour chart to identify better entry and exit signals.

 back in the 1980s. When markets trend for long periods, Donchian channels can offer a way to determine the trend and follow it.

Once the price reaches the upper channel, then the market is considered in an uptrend. This uptrend stays in force until the prices fall to reach the lower channel. From the time the market reaches the upper channel until dropping to the lower channel, the trader will want to filter trades for buy entries.

Using the same Donchian channel tool but changing the input value to 60, we can use the upper and lower bands as our entry and exit points, respectively.

Once we are in a confirmed uptrend, shift down to the 4-hour chart and buy when the market breaks above the upper band. The stop loss will be set at the lower band.  

Cryptocurrency HODLers can use multiple time frame analysis, too. Their holding period maybe years, in which case they‘ll want to start with a weekly chart. Long-term holders aren’t interested in short-term movements and believe that the cryptocurrency industry will continue to receive a vast amount of investment into the future. This future investment will create even more demand for cryptocurrencies, pushing the prices higher.

This increase in demand swallows up the available supply of coins — especially when you consider a cryptocurrency like Bitcoin that has a limited supply. As a result, the pricing must be readjusted higher.

As long as the weekly chart keeps printing higher highs and higher lows, the trend is viewed as upward. The HODLer can then use the daily chart to determine if the market is becoming overbought, and is, therefore, due for a correction. It’s common for cryptocurrencies to correct at least 80%, so taking some profits might be a good idea from time to time.

After large rallies, Bitcoin and most other cryptocurrencies experience a large correction to consolidate those gains. A HODLer will be interested in momentum tools like 

 (MACD), moving averages or price channels to identify entry and exit points.

MACD is a versatile tool that can help describe the market’s behavior. For example, when the MACD line crosses below zero, this signals that the daily trend may be shifting from up to down. For a HODLer who is long, this will signal a possible correction, and it may make sense to take exposure off the table.

On the other hand, if the MACD line breaks above zero, then this signals the trend is shifting upward. In this case, consider adding more cryptocurrency exposure.

Ideal Time Frame for Scalpers to Find the Best Entry/Exit Points 

Multiple time frame analysis is especially useful for scalpers. Scalpers are generally in their trades for only a few minutes or less. Therefore, they need to gain a sense of the near-term momentum so they can pick up a couple of points.

Scalpers are likely to use a 1-minute to 3-minute signal chart. That means they’ll want to use a 10-minute and possibly 15-minute trend chart.

 is to find markets that are moving with momentum behind them. Their trading periods are so short that scalpers need the market to move far enough (and quickly enough) in order to overcome the spread, pay for trading fees, and generate a profit.

Applying an 8 EMA and 34 EMA to a 15-minute chart for Bitcoin, look for the 8 EMA to be consistently on one side of the 34 EMA. Use that direction as your trend. The 8 EMA has been consistently below the 34 EMA in the chart above, suggesting the scalping trend is down.

Next, zoom in on the 3-minute chart for Bitcoin and look only for bearish signals. A bearish signal is when the price crosses below the 8 EMA while it’s below the 34 EMA. If the market is in a strong trend, there will be plenty of signals, and the position will quickly move into an adequate profit target.

The key for scalpers is finding the crypto market that’s moving rapidly so they can quickly overcome the spread and other trading costs.

Things to Avoid When Using Multiple Time Frame Analysis

Multi time frame analysis is a versatile and effective tool. However, it’s not one-size-fits-all, and there are some limitations. There are two common mistakes I’ve seen with this style of analysis.

First, traders use time frames that are too close together. For example, they’ll use a 4-hour chart for the trend and a 2-hour chart for the signal. There’s not enough separation between the time frames, and you lose the benefit of analyzing multiple time frames.

Secondly, traders use time frames that are too far apart. This mistake tends to happen with scalpers and day traders. They’ll use a 5-minute chart for signals, but check the daily chart for trends. The daily chart’s trend has little impact on your 5-minute chart trade.

Multiple time frame analysis tends to work better when traders stay close to the 4:1 or 6:1 ratio between daily charts, as recommended above.

Multiple time frame analysis is a popular technical tool used by cryptocurrency traders to analyze trends. It’s versatile and is used across a wide variety of traders and styles, from scalpers to HODLers.

The biggest mistake for traders when using multi time frame analysis is maintaining a good spread between the chart time frames reviewed. When traders maintain a 4:1 or 6:1 ratio between longer-term trend charts and shorter-term signal charts, they tend to see more consistent results.

How to Find Entry-Exit Points Using Multiple Time Frame Analysis

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards