What is a trend in trading: -

A trend can be defined as the general direction of the price movement of a specific financial instrument in the market during a specific period of time, and the trend is usually represented in the form of a slanted line representing the upward or downward trend of the price.

A continuing trend in the same direction reflects the possibility of the market trend of the financial instrument continuing, whether upward or downward.

The trend strategy in trading is based on the concepts of supply and demand. If there is a strong demand for a specific financial instrument in the market, this leads to an increase in its price, thus resulting in an upward trend. On the other hand, when there is a strong supply for a specific financial instrument, this leads to a decrease in the price of this financial instrument, thus resulting in a downward trend#BtcNewHolder #Binance #BTC #ETH #BinanceSquareFamily