Right-side trading is a trend-following trading strategy.
It involves buying only after a clear upward trend in price has been established, such as when a cryptocurrency's price rises from the bottom, breaks through significant resistance levels, and shows signs of further upward movement. Right-side traders will enter at this point. During a price decline, they will wait until the price breaks below important support levels and confirms a downward trend before selling.
For example, if a cryptocurrency starts to rise from 50 yuan, and effectively breaks through the resistance level of 80 yuan, right-side traders will choose to buy. The reason for buying is the breakthrough of the resistance level, establishing an upward trend; thus, buying at this time is trend-following and is considered right-side trading. Support levels refer to price levels that may be encountered during a price decline, where the price may stabilize and stop falling. Resistance levels, also known as pressure levels, refer to price levels that may be encountered during an upward movement, where the price may reverse and start to decline.