Hello everyone, I am the sober person who has been reset 8 times and stood up again

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1️⃣ Bitcoin increased 64 times from 2015 to 2021

2️⃣ Bitcoin increased 18 times from 2020 to 2021

3️⃣ Ethereum increased 53 times from 2020 to 2021

Today I started to be unable to stand upright

As mentioned above, the horizontal level revolves around the price, and the vertical level in this period also revolves around the price, but it changes from a constant price to a variable price.

Upward Trend Line:

It's very simple. Two points determine a straight line, so the low point of the K-line will move in the predetermined direction along the price support line.

This is the trend line (upward trend line)

Failure Cases:

After point C, it did not go up as expected, so let's compare the difference between the two

In both figures, the price reacted quickly after the AB points appeared, with continuous positive lines stretching, and the price continued to react quickly after the D2 level C point appeared.

There is no fluctuation after point C of H8 level.

Let’s zoom in and see the trend after point C (H2 level)

There was no quick response as expected, but rather a back-and-forth fluctuation.

The pullback after breaking the trend line confirmed the failure of this line.

When you look at it separately, you will find that it is consistent with the breakout and pullback. So when it is inconsistent with common sense, hurry up to find the difference from various angles and dimensions.

Downtrend line

Similarly, the downward trend line is formed by connecting the high points, and the two points determine a straight line.

The failure case of the downward trend line is similar to that of the upward trend line, but let’s talk about a few different points.

💡 The upward trend line looks more beautiful than the downward trend line. I think of some reasons. People always hate failure and loss, but like profit and rise. Therefore, the rising sentiment is dominant, and it is difficult to control the actual price rise. However, the despair and failure of human nature are easily suppressed by people. This is why chips are often collected at the bottom, in the valley of despair. Instead of collecting airdropped chips at the top (or there are, but I personally think it is relatively rare, and capital is much more risk-averse than retail investors)

Horizontal pressure support

Vertical pressure support

Upward Trend Line:

The price keeps increasing and forms a straight trend line

Downtrend line:

The price keeps decreasing and forms a straight trend line

Let’s look at this:

The entire K-line operation process is like this, but this is the most perfect situation

Continuously cycle, rise and fall, add a little finishing in the middle, but amplify the oscillation for another cycle, and it will be optimized.

Parallel trend lines become angled:

Acute angles become triangles and wedges

Obtuse angles will become diffuse shapes

0 degrees will become a rectangle

That is, the vertical becomes horizontal, and becomes a pressure position that continues to be horizontally parallel.

The above is the vertical nei