#TrendTradingStrategy #TrendTradingStrategy
Currently, the market is moving quickly, yet many traders do not believe this rally. Why? Because after weeks of sideways movements and repeated failures to break out, people have become accustomed to expecting rejection.
Now, after a real breakout has occurred, doubt still remains. Traders are selling their short positions during the rally, expecting another false slip. But this time, it’s different.
Smart investors are aware of this.
Market makers are exploiting this doubt to their advantage. When many traders sell, and the price continues to rise, these short traders are forced to buy back, leading to short squeeze and pushing prices even higher.
🔑 How to profit in this environment
1. Follow the trend, do not resist it
If the price is consistently making higher highs and higher lows, this is an uptrend. Respect it.
2. Use breakouts and retests
Do not chase candles. Wait for the resistance to break, then buy on the retest, it’s safer and more strategic.
3. Stick to leading cryptocurrencies with large trading volumes