Trendline Trading Tutorial

CN
1 year ago

Trendline Order Usage Guide

Trendline Order Tutorial_aicoin_Figure 1

Trendline Usage Tips

Drawing Trendlines

Drawing an uptrend line: Connect a series of low points to draw

Trendline Order Tutorial_aicoin_Figure 2

Drawing a downtrend line: Connect a series of high points to draw

Trendline Order Tutorial_aicoin_Figure 3

Usage of Resistance and Support Levels

An uptrend line is usually used as a support line, and the price may rebound after touching the trendline

Trendline Order Tutorial_aicoin_Figure 4

A downtrend line serves as a resistance line, and the price may further decline after touching the trendline

Trendline Order Tutorial_aicoin_Figure 5

Breakout Usage

If the price falls below the uptrend line, the uptrend may reverse into a downtrend

Trendline Order Tutorial_aicoin_Figure 6

If the price rises above the downtrend line, the downtrend may reverse into an uptrend​​​​​​​

Trendline Order Tutorial_aicoin_Figure 7

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