MarketMinds

BTC/USD Trend Following Strategy

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
hello traders

Over the years, many techniques have been used in stock markets, and as far as possible, before market movements, in seeking the best investment and maximizing profit. Two tools stood out in this area: fundamental analysis and technical analysis.
The first seeks to determine the value of a company, analyzing the fundamentals of the company, and trying to estimate its cash flows.
Technical analysis, on the other hand, gained popularity for those seeking short-term and medium-term gains, with operations based on methods and concepts, such as candlestick and Fibonacci numbers and Chat patterns.
Despite the instrumental numbers, a technical and fundamentals analysis, studies the stock market, relates past events to the present scenario, and, mainly, a trend of the active target. It is this basic concept that is based on the Trend Following operating systems.
Trend following is the most consistently successful trading style of all time in financial markets.
Trend Following does not try to predict market movements, but rather to react to the movement that is happening at the moment, we never try to predict what is to come.
BTC we are in clearly bullish trend with higher high and higher lows, we are above two important support levels, and above the short term uptrend line. We felt the 10 psicollogy resistance in the short term but the bull still in control.

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Best regards, Sandro and Gustavo.

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