$BTC How to Draw Trendlines Like a Pro! 📈📉
Hey Traders! 🖐️
Drawing a trendline seems easy, but 90% of beginners draw it the wrong way!
3 Golden Rules to Create a Correct Trendline:
1️⃣ Minimum 2-3 Touches: For a valid trendline, it’s necessary to have at least 2 touchpoints. The 3rd touch is the strongest!
2️⃣ Do Not Cut Candle Bodies: A trendline should always touch the candle wicks or closes— it should not pass through the middle of the candle body.
3️⃣ Angle Matters: If the trendline is too steep (pointing sharply upward), it will break quickly.
💡 Pro Tip: When the price touches a trendline 3-4 times, it becomes weaker and the chances of it breaking increase!
Which timeframe do you use to spot trendlines? Comment below! 👇
#begnier #trenline #cryptouniverseofficial
$BTC $SOL
Hey Traders! 🖐️
Drawing a trendline seems easy, but 90% of beginners draw it the wrong way!
3 Golden Rules to Create a Correct Trendline:
1️⃣ Minimum 2-3 Touches: For a valid trendline, it’s necessary to have at least 2 touchpoints. The 3rd touch is the strongest!
2️⃣ Do Not Cut Candle Bodies: A trendline should always touch the candle wicks or closes— it should not pass through the middle of the candle body.
3️⃣ Angle Matters: If the trendline is too steep (pointing sharply upward), it will break quickly.
💡 Pro Tip: When the price touches a trendline 3-4 times, it becomes weaker and the chances of it breaking increase!
Which timeframe do you use to spot trendlines? Comment below! 👇
#begnier #trenline #cryptouniverseofficial
$BTC $SOL
