Trend lines

Question 1

What are trend lines? (First letters below)

S
R
P
C

Answer 1

Support, resistance, patterns, channels

Question 2

What 3 things makes a good trend line

Answer 2

3 touches on trend line, 2 is speculative

• ideally touches not call scattered in one place

Bigger time frames means stronger level / trend line

Question 3

How to draw a trend line

Answer 3

Connect high point with another high or low with another low

Try to draw to wicks, but don’t let them mess up a trend line, doesn’t have to be perfect

Question 4

What should you not force?

Answer 4

A trend line, if it’s not obvious it’s not there

What time frames does cryptocred often use

1H, 4H, 1D

Question 5

How to learn how to draw trend lines / chart?

Answer 5

Spend hours looking at the chart, it’s the only way