#PriceTrendAnalysis
Types of trends in price analysis:
1. Uptrend: When prices are rising continuously with higher highs and lows than the previous one.
2. Downtrend: When prices are falling with lower highs and lows than the previous one.
3. Sideways/Consolidation: When the price moves within a certain range without a clear direction.
Trend analysis tools:
Moving Averages: Used to identify long-term or short-term trends.
Trend Lines: Drawn to connect highs or lows to see the general trend.
Technical Indicators: Such as the Relative Strength Index (RSI) or the MACD to confirm trends.