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Kc  · 09/01/22

Sideways Market / AltcoinTrading.NET glossary

What is a sideways market, also known as ranging market, and how to trade it.
Altcoin Trading Blog

Key Points / Sideways Market

  1. Ranging markets are in a sideways “trend”.

  2. Ranging market is a market that is in fact lacking a trend of direction.

  3. Sideways market is not bullish (not consistently marking up) nor bearish (not consistently marking down).

  4. Tools for Sideways Market: #tradingview 

Alternative names for ranging market

Ranging market is also called the sideways market.

How to trade a ranging market

In forex or other markets where very short term trading is common, people like to scalp the market - closing their positions after only few minutes, raking small profit.

Be warned though, because in cryptocurrency, even in Bitcoin, the liquidity is sometimes not good enough to do that properly.

Best Tools for Sideways Markets

  • Trading Platform: BitMEX
  • Technical Analysis: Wyckoff, Support/Resistance, Boxes
  • Charting App: Tradingview

Trading Techniques for Ranging Markets

One of the old but still well fitting descriptions of a typical ranging market can be found in the Wyckoff method. The Wyckoff method is focused on longer term trades and the crux of the range trading is the identification of the phase in which the market is.

A market can be ranging because there is an accumulation or reacummulation going on, after which a bull trend follows.

Alternatively, a market can be ranging because there is a distribution starting, after which a bear trend follows.

An indepth look at Sideways Market is here.



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Wyckoff Market Cycles: Cheatsheet, Schematics and Guide (Long term, Short term) - Wyckoff theory hinges on direct effects of changes in supply and demand. Its weakness is that as every TA it assumes that those supply and demand changes were done rationally and also with no agenda.
Another better Coinmarketcap - with a heatmap tool - Bitgur has heatmaps of six different metrics: Not only price change of coins per time period but also neat stuff like unusual volume spikes.
Multiple time frame analysis: Trading several timeframes at the same time - On why it's constructive to trade multiple time frames at the same time and how to manage the stack of your positions and orders.
Strategy: Technical Analysis past ATH with Fibs - Now that we are past ATH levels again, let's reiterate how things *really* work around here.
VPVR Trading and Volume Profile Strategies - Volume Trading Strategies and how to automate them (the simpler ones). Your toolbox - TradingView, Cryptowatch and FTX Quant Zone.