There are multiple trend lines from different angles that act as a support to the current price. The light blue line (BOLD) is one of the trend lines that act as a support currently, probably the price won't break it and we'll go straight up to 48K and continue our uptrend.
Hi there, good work on sharing your first chart with the community. We hope you had fun working it out as a task. Thanks for sharing with the community. From mod @zAngus
HUGzY
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What is this ? 😂
UnknownUnicorn14911673
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@HUGzY, You can search Gann Fans or Gann Angles and see how it's a powerful tool to analyze prices. Here I chose multiple tops and bottoms to setup my Gann Angles which in my opinion it's close to the way W.D. Gann did it.
From mod @zAngus