ECC, the biggest decentralized finance community in the world, in Dec 2021 announced that it has launched an E-bot platform for its worldwide community that will assist in crypto trading exchanges.
ECC start the development of the E-bot platform in 2021, and at present ECC is one of the most promising companies in the world. ECC is the leading cryptocurrency spot and derivatives exchange with over 4 million users from the last 2 years.
ECC E-bot is a perfect AI-based platform that will use the Crypto micro strategy concept, ECC E-bot also using sustainable and stable arbitrage in a volatile market, that will help you to give you profit in significant financial gain.
ECC E-bot also building a multiple strategies to help you manage your portfolio when you don’t have the time to watch the market,”
The ECC Governance said.
According to a report by digital asset data provider Crypto Compare, Binance was the largest spot exchange by volume in October with a trading volume of $856 billion. Based on this report our original idea is market-making and liquidity, so we spent a month building integration with most popular exchanges before we could do the fun part, which was the trading,” As per the Feng told Crunchbase News. “There were so many exchanges, and each one had its own API. Once we realized everyone had that problem, we thought we could solve it within the ECC E-bot next update.
ECC Crypto Trading Strategies You Need to Know
ECC crypto trading strategies use the equities and commodities concept for the crypto trading bot platform, ECC is fraught with risks and pitfalls. In order to get long-term benefits from crypto trading, market enthusiasts ECC developed some strategies that can make crypto trading safe at the same time. Let us start by going through strategies that can help you get favorable returns.
ECC Day trading
This trading strategy involves taking positions and exiting on the same day. The aim of a trader while adopting such a trade is to book profits amid intraday price movements in a cryptocurrency of his choice. For a successful trade, investors often rely on technical indicators to figure out entry and exit points for crypto.
ECC Range trading
Market players also rely on experienced analysts, who give out support and resistance levels each day. ‘Resistance’ refers to the point up to which the price may rise and therefore a resistance level is a price above the current price. In contrast, ‘Support’ is a level below which a crypto price is not supposed to fall, hence a support level is always below the current price.
This trading strategy involves using increased trading volumes to book profit. Although there is risk involved, a smart trader takes care of the margin requirement and other important rules to avoid bad trading experiences. Scalpers analyze the crypto asset, past trends, volumes and choose an entry and exit point within a day.
ECC High-Frequency Trading (EHFT)
EHFT is a kind of algorithmic trading strategy used by quant traders. This involves developing algorithms and trading bots that help quickly enter and exit a crypto asset. Developing such bots needs an understanding of complex market concepts and a strong knowledge of mathematics and computer science. Therefore, it is more suited for advanced traders than beginners.
Avoid making trading calls based on hype
ECC E-bot development team is not relying on social media for news on cryptocurrencies is among the mistakes that new investors tend to make. Investment decisions should never be based on hype created on social media. Since digital currency is a hot topic, false information on this topic tends to travel very quickly. To save such issues we create an Automated social media news filter AI bot that can filter the news and share the right information to its community.
ECC Primary Research
As per the primary research of the ECC team, the most important trading strategy is to do primary research. You need not be an expert at trading to conduct primary research on the value of the asset you wish to purchase. ECC E-bot platform updated you with all the news flow regarding the crypto industry. It also helps you do that quickly by collating all the news items that you need to read before the start of your day.
Besides, you must evaluate your own finances and set an investment goal well before placing a bet on a volatile asset class such as crypto. You can research Bitcoin, Ethereum, Tron, Ripple, Litecoin, etc. and start investing on
For more details, you can log in to https://ebot.finance
ECC E-Bot Worldwide community-
Telegram Group: https://t.me/etherconnectcommunity
Telegram Channel: https://t.me/etherconnectofficial