Uptrend trading refers to a strategy where traders look to capitalize on rising asset prices. In an uptrend, the overall market sentiment is positive, leading to higher highs and higher lows in price movements. Traders identify an uptrend by analyzing charts and indicators that show consistent price increases. This can involve using tools like moving averages, trend lines, or relative strength index (RSI). Entering trades during an uptrend allows traders to buy low and sell higher, maximizing potential profits.Key to successful uptrend trading is risk management. Traders often set stop-loss orders to minimize potential losses if the trend reverses. They may also take profit at predetermined levels to secure gains. Uptrend trading requires continuous monitoring of market conditions, as trends can change quickly. Staying informed about news and events that may impact prices is essential for making timely decisions. Overall, this strategy aims to leverage favorable market conditions while mitigating risks.

UK’s FCA to Allow Retail Investors Limited Access to Crypto ETNs
The UK’s Financial Conduct Authority (FCA) will permit retail investors to access certain crypto asset-backed exchange-traded notes (cETNs) for the