#TrendTradingStrategy To determine the market trend in the cryptocurrency sector, it is very important to observe the price chart. Look for a general pattern in the peaks and troughs:
In an upward trend, you will notice that each "peak" is higher than the previous one and each "trough" also increases.
In a downward trend, the "peaks" will be progressively lower, as will the "troughs".
When there is a sideways trend, the price remains at a horizontal level between a support level and a resistance level.