CATCHING UP WITH A BULLISH CRYPTO TREND (PART 1 “introduction”)
N o trader trades to make loss, whereas few traders are aware of the different market trends, most enter the market blindly, while others enter in the middle of an already moving trend or at end of an exhausted trend ( a trend that is about to reverse to the opposite side). Trend identification is the first key step of making profit in any form of cryptocurrency trading, basically there are 3 types of market ; - Bullish Market (when the market is moving to the upside) - Bearish Market (when a market is moving to the downside) -Ranging Market (An indecisive market which can go either ways) NB ’ This article will be based on catching up with a bullish crypto Market (A market with the price movement to the upside). The question now is what is a Bullish trend? Most crypto traders see a bullish trend as a market with many green candles, but actually a market can be said to be in a bullish trend if the market has in the past 24hrs reversed more than 45% upward or...