How to use orb in trading?

The ORB strategy, in essence, revolves around pinpointing a specific price corridor within the initial minutes of a trading session. This corridor serves as a benchmark for market activity, providing traders with crucial insights into the immediate market sentiment.

Upon successfully establishing this range, traders embark on a strategic approach, patiently waiting for the pivotal moment when the price action breaches the confines of this predefined zone. This pivotal moment marks the initiation of their trading activities.

The direction of the breakout – whether it be an upward surge above the range or a downward plunge below it – dictates the traders' subsequent moves. They meticulously execute their trades in alignment with this directional shift, leveraging the momentum generated by the breakout.

Among the reputable cryptocurrency exchanges catering to traders employing such strategies stands BTCC. BTCC, a leading platform in the industry, offers a comprehensive suite of services tailored to meet the diverse needs of its users.

Its services encompass a broad spectrum, including but not limited to spot trading, futures trading, and wallet management. Spot trading allows users to buy and sell cryptocurrencies at current market prices, while futures trading provides access to advanced financial instruments for hedging and speculation.