#CryptoCharts101 Trend lines on cryptocurrency charts help traders visualize the market direction. Draw a line connecting higher lows in an uptrend or lower highs in a downtrend. These lines act as dynamic support or resistance levels. When the price breaks through trend lines, it often signals a reversal or continuation of the trend. Combine trend lines with indicators like RSI for confirmation. For example, a break above a downtrend line with high volume indicates bullish momentum. Use tools on TradingView to draw accurate trend lines on Ethereum or other coins. Regularly analyze charts to detect trend line breaks and capitalize on price movements in the volatile cryptocurrency market.
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