What is a Trendline? 📈
A trendline is a straight line drawn on a chart to identify the direction of price movement.
🔹Uptrend line
Drawn by connecting higher lows. It shows buyers are pushing the price upward.
🔹Downtrend line
Drawn by connecting lower highs. It shows sellers are controlling the market.
Traders use trendlines to find possible support, resistance, and potential breakout areas.
Remember:
A trendline is a tool to understand market direction — not a guarantee of future price movement. 📊
$BTC $ETH $SOL
A trendline is a straight line drawn on a chart to identify the direction of price movement.
🔹Uptrend line
Drawn by connecting higher lows. It shows buyers are pushing the price upward.
🔹Downtrend line
Drawn by connecting lower highs. It shows sellers are controlling the market.
Traders use trendlines to find possible support, resistance, and potential breakout areas.
Remember:
A trendline is a tool to understand market direction — not a guarantee of future price movement. 📊
$BTC $ETH $SOL
