#TrendingTopic $BTC $SOL $XRP
*The trend*
Is the price of the cryptocurrency going up (bullish), down (bearish), or sideways?
*The price*
Is the price of the cryptocurrency at or near a support level (a price at which the price has historically found buyers) or resistance level (a price at which the price has historically found sellers)?
*The breakout*
Has the price broken above resistance or below support?
Once traders have considered these factors, they can use the flowchart to make a decision about whether to buy, sell, or wait.
It is important to remember that this is just a guide, and there is no guaranteed way to make money in the cryptocurrency market. Traders should always do their own research before making any trades.