#BTCMiningDifficultyRecord #ScrollOnBinance #TechnicalAnalysiss #TetherUnderInvestigation A trendline in technical analysis is a line drawn on a chart that connects a series of price points to visually represent a trend. It's a fundamental tool used to identify the direction of price movement and predict potential future price action.

Here's a breakdown of trendlines:

Types of Trendlines:

• Uptrend line: Connects a series of rising lows on a chart. It indicates a bullish trend, suggesting the price is likely to continue rising.

• Downtrend line: Connects a series of falling highs on a chart. It indicates a bearish trend, suggesting the price is likely to continue falling.

How to Draw Trendlines:

1. Identify a trend: Look for a series of price points that clearly show a consistent direction, either upward or downward.

2. Connect two points: Choose two points on the chart that represent the trend. For an uptrend line, select two lows; for a downtrend line, select two highs.

3. Extend the line: Draw a straight line through those two points and extend it in both directions.

.