What is Trend in Crypto Trading?
Understanding the trend is one of the most important skills in trading.
A trend shows the general direction of the market.
š Uptrend
An uptrend is when the market is moving upward.
ā¢ Higher highs
ā¢ Higher lows
ā¢ Buyers are in control
š Downtrend
A downtrend is when the market is moving downward.
ā¢ Lower highs
ā¢ Lower lows
ā¢ Sellers are in control
š” Simple tip
āFollow the trend, donāt fight it.ā
Trading with the trend can increase your chances of success.
š Trend is your best friend in trading.
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