The contract price fell to 11765 points at its lowest, and then began to rise. When we saw that the lows were constantly being raised, we connected the two lows (the two circles below) into a line, and we had an upward trend line. Every time the price callback approached this trend line during the rise, this trend line would support the price.

When the price fell below this trend line (the circle above), it means that the rising market may end.

Whether the rising market ends or stagnates depends on the subsequent market trend. It is obviously not sufficient to say that the rising market ends only because an upward trend line is broken.

$BTC

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