The Rollercoaster of Trading Crypto: My Strategies, Profits, and Tools

  • Fibonacci Uncovered: Discover how I utilize Fibonacci ratios to spot essential support and resistance levels that influence my trading decisions.
  • EMA & CCI Insights: Explore my strategy that merges the 50 & 200 Exponential Moving Averages with the Commodity Channel Index to navigate trades.
  • Risk Management in Volatile Markets: Risk Management in Volatile Markets: Learn about my approach to managing risks and making the most of market volatility.

The Reality of Crypto Trading

Many people believe that trading is all sunshine and rainbows. The reality? Sometimes you have amazing weeks where you might make $10,000 in a few days, and other times, the market may produce minimal opportunities, and you WILL incur a loss. No one wins all the time, and if they tell you they do, you instantly know it’s nonsense.

As a trader, I’m not looking for long-term investments; I’m looking for market swings to capitalize on. I’m not “in it for the tech”—to be frank, I don’t care about blockchain technology. I’m here to make money like 99.9% of those in the crypto market.

So, what is my strategy?

The Core of My Trading Strategy: Leverage Explained

It’s simple: I’m a technical trader. I couldn’t tell you half the things the coins on my TradingView watch list do, but I stick to the top 100 primarily when it comes to trading. Why? I’m a leverage trader.


Now, you’re probably thinking, what the heck is leverage trading? Leverage trading allows you to multiply your gains within the market without actually owning the asset. If the market moves 10% and you are using 10x leverage, you can make 100% on the position size.

A free educational video on leverage trading is available on the Empire Platform.

This isn’t a common trading style in Australia as it’s not readily available on Australian exchanges. However, for many traders, this is what we love about crypto. It can also be quite risky if you don’t fully understand how leverage trading works. I simplify it as betting against the market to go up or down, and if it goes the other way, you can be liquidated, meaning you lose the money allocated to that trade.

Personally, when trading leverage, I only ever use 1% of my account balance per trade. However, if you have a $100,000 account balance and allocate 1%, that’s $1,000, and if you make 100% in a day, you can pocket $1,000. Equally, you can also lose $1,000, hence why risk management is critical and so is being well-versed in leverage trading.

An In-Depth Look at My Trading Strategy

Regarding trading leverage, I first use a platform called TradingView—an online tool that most traders and exchanges utilize to chart using Technical Analysis for any trading assets. As a technical trader, I conduct my analysis on the chart and predict the potential move.

You can watch the full strategy in action on the Empire TikTok.

My Essential Tool: Why Fibonacci is My Favorite

My favourite tool is the Fibonacci Retracement tool. This helps me identify key levels of Support and Resistance as well as probable retracement points where the price may bounce or retrace after a significant push in the market. I’ll use my most recent trade, which took place Monday morning, as an example. I profited $827 USD or $1,250 AUD.

This was at 20x leverage, and the price of FTM moved approximately 4%, allowing me to multiply my gain by 20 x 4, giving me a return of $836 USD or 83% on a position size of $1,000 USD. I posted this chart on the Empire Platform and our new TikTok. I’m more than happy to take my gains off the table and secure the profits as a trader. I don’t care if the price runs more; I saw volatility in the market, my alert on TradingView went off, it pinged a notification to my phone, and I took profit.


You can watch a full breakdown of this chart via our TikTok.

My Go-To Strategy with Fibonacci and Indicators

For this trade, I used my favourite strategy: a combination of Fibonacci retracement tools, 50 & 200 EMA, and the CCI (a momentum-based indicator). Alongside this, I conduct my basic Technical Analysis, including identifying order zones and trend analysis. As a rule of thumb, I also switch on my indicators after my analysis is completed.

I never want my indicators to present a bias; they are simply there as a level of confirmation. Your analysis is a prediction, NOT a guarantee, and never will be, hence why I always follow a strict risk management plan.

How I am capitalizing on the current Market Conditions.

Right now, the market is extremely volatile. I’ve had trades go from 200% in profit back to even overnight or stop out in a small profit. At the moment, my strategy is simple: take profits. I’m not going for those crazy gun-shot trades that degen cryptos love. Don’t get me wrong, when they’re there, I let them ride, but right now, I’m all about taking profits off the table and locking them away. That goes for my spot bags and leverage positions. Sometimes, capital preservation is key.

Here is a snapshot of a few recent trades.

This is my strategy at the moment. It’s not the only strategy and doesn’t mean it’s the most effective or the right one, but it works for me, my lifestyle, and my trading style. Everyone has to find a strategy and style that works for them. It isn’t easy, but I can say this with confidence: trading was one of the hardest things I have ever learned but seriously, one of the most rewarding in my opinion.

I hope this week’s segment has provided valuable insights. Join us for an Empire Live Event in Gold Coast on June 29th—presale tickets are SOLD OUT, with the last release launched today. Register on the Empire Crypto Trading Social Media and Educational Platform for crypto updates every day!

Stay informed with the latest crypto charts, FREE education, airdrop guides, and more on the Empire Platform!

At the time of writing this article, Bitcoin was trading at $69,900.

Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial advice. The author takes no responsibility for any financial losses incurred as a result of trading or investing based on the information provided. Always conduct your own research and consult with a professional financial advisor before making any investment decisions.

Matthew Stella

Matthew Stella

Matt Stella embarked on his crypto trading journey when Bitcoin was valued at just $3,000. As the co-founder and Head Coach at Empire Crypto Trading, Matt excels in Technical Analysis and in pinpointing key areas of price action. He is dedicated to empowering the crypto community through education, offering weekly Market Scans, Technical Analysis tutorials, and leading a vibrant community of crypto enthusiasts on the Empire Crypto Trading platform, where members collaborate to navigate the market. Every Tuesday, he shares his invaluable market insights with the CNA community.

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