#Knowledge_base📚
Price often doesn't rise or fall endlessly — it moves within ranges that can be noticed and used in trading.
One of the simplest and most popular patterns is movement within a channel.
↔️ Channel (trading channel) — is a price range bounded by two parallel lines:
Upper boundary — resistance level
Lower boundary — support level
🧩 Types of channels:
Ascending channel — price rises, but bounces off the upper and lower boundaries.
Descending channel — price falls, but does not break through the boundaries.
Horizontal channel — sideways movement without a clear trend.
🛠 Built in the same way as a trend, at least from two points
Watch the tutorial on our YouTube channel
📉In our case, for Bitcoin $BTC , a descending channel in the range from 111k to 99k
🎯 Note:
Channels work on all timeframes: from minutes to weeks.
Use them in conjunction with our RSI indicator of all timeframes: add and use.
Do not blindly trade from the boundaries of resistance and support — the market can break any pattern at any moment.
📌 Save this post — you will come back to it when the market starts moving "in a corridor" again).
