🔹💹💹💹 What is a trend and how to recognize it
Trading is not about guessing. It's about moving with the trend 📈
🔍 A trend is the direction in which the market is moving.
There are three types:
1. Uptrend — the price is rising (each new peak and trough is higher than the previous ones)
BTC
90,246.32
+0.65%
2. Downtrend — the price is falling (peaks and troughs are decreasing)
XRP
1.9896
-0.04%
3. Flat — the price is “stuck” in a sideways range
SAHARA
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🤔 How to recognize a trend?
If you see that each new minimum is higher — the market is rising
If the maxima are decreasing — it's a decline
If it fluctuates between two levels — it's flat, better not to interfere
📌 Tip: trade in the direction of the trend. Don't be a hero against the wave — the wave is stronger 😉
#tradingbasics #technicalanalysis #forbeginners #tradingforeveryone #криптопоради