AzrulAzir
Education

last trendline

BITTREX:BTCUSDT   Bitcoin / Tether
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and the 5th trendline we get from bigger ascending triangle pattern. This combination of trendline perform "trendline web", with accurate price and time projection.

Conclussion :
To make accurate analysis, never forget your old trendline ,, because they will help you to get more accurate analysis.

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Point 2 of your 5th Trendline seems completely arbitrary and placed there after the fact. What basis did you use to have the 5th trendline intersect that swing low vs the absolute bottom. Even point 2 on your 4th Trendline if drawn to the absolute low wouldn't intersect so exactly, so how would you do this before price hits that level?

All these trendlines look like they were drawn after the fact.

Just being honest here.
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