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Coinlog
Jul 2, 2021 7:03 PM

What are Trend Lines? Education

XRP / TetherUSBinance

Description

Trend lines are lines that are drawn on the charts connecting a series of prices together . They helps traders to find the further support and resistance .

Further there are two types of Trend Lines:
1. Body to Body Trend lines .
2. Wick to Wick Trend lines .

How often you use Trend Lines?

Lets us know what you think about this educational idea in comments!

Comment

Please Note: Resistance Should be on top trend line and Support should be on Bottom trend line.
I can't edit it now!

Comment

For better understanding Turn the chart upside down XD
Comments
kurt81becker
Turn your chart upside down and now you got something 🤙
Coinlog
@kurt81becker, LOL what a silly mistake I did! I can't edit it now!
toondariusz
Is this right? In my opinion in this case the resistance is on top and support is on the bottom.
Coinlog
@toondariusz, Yeah you are correct. I made mistake I can't delete of edit it now!
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