#TrendTradingStrategy
To determine the trend of the cryptocurrency market, it is important to observe the price chart. Look for an overall pattern in the highs and lows:
In an upward trend, you will notice that each "peak" is higher than the previous one, and each "valley" also rises.
In a downward trend, the "peaks" gradually become lower, just like the "valleys".
When there is a sideways trend, the price remains horizontal between the support level and the resistance level.