#TrendTradingStrategy

Trend is your friend - this is one of the most important sayings in trading. The trend-following strategy involves opening positions in the direction of the prevailing price movement.

In practice, this means that if the market is rising, I buy on corrections. I use indicators like MA (50 and 200), RSI, and MACD to confirm the direction and strength of the trend. For example - if the BTC price is above MA200 and bounces off it - this is a strong continuation signal.

Patience and consistency are key. Trend trading may not yield quick profits, but it allows you to 'ride' the wave of large movements.

#TrendTradingStrategy