What is a range-bound strategy?

Range-bound strategies refer to methods by which traders capitalize on a market that’s moving sideways — also known as a sideways market. For example, users trading in sideways conditions will repeatedly buy an asset low at the support level, and then sell it high at the resistance level. How Does A Sideways Market Work?

Is range bound a good option?

When the market is moving sideways, and you believe that the market won’t go beyond a certain price range,Range Bound may be a good option for earning rewards. With Range Bound, you may earn additional rewards in a sideways market. If you’re an advanced trader, there are many different reasons why you should consider using Range Bound.

What is a range-bound trader?

By finding major support and resistance levels with technical analysis, a range-bound trader buys stocks at the lower level of support (bottom of the channel) and sells them near resistance (top of the channel). Check out the two charts below, the S&P 500 and the Nasdaq, clearly outlining the range-bound market areas of late!

What is range-bound crypto trading?

While it originates from traditional markets like the stock exchange and Forex, range-bound trading is also popular among crypto traders. Crypto traders take advantage of sideways markets by identifying the major support (low price) and resistance (high price) levels.