$15 beginner's gift #Binance $BTC $ETH $BNB #bnb
Steps:
1- Go to my personal profile and copy the code installed in the first page
Manifesto
2- Go to Binance Bay
3- Go to the red envelope, then paste the code in the designated box, and congratulations on the gift
Trend line analysis
The trend line is particularly popular in forex trading as well as cryptocurrency trading because technical analysis is generally used more than fundamental analysis among individual traders. Cryptocurrency markets are driven by changes. This means that prices are moving according to traders' expectations which is a lot harder to read. Technical analysts argue that the most consistent way to read traders' sentiment is through price action and other analytical tools such as trend lines.
Using trend lines for trading
How to trade a trend line? The idea of using a trend line is to determine the direction of the price. Traders can then determine the trend with the idea that the trend will continue or reverse it because they believe the trend will reverse. With both strategies, the interpretation of the trend line is the same.
While the price is above the uptrend line, the trend is up.
While the price is below the downtrend line, the trend is down.
Track the trend
Trend following is a strategy where traders buy.
Disclaimer: Contains third party opinions. Not financial advice. May contain sponsored content. See terms and conditions.
