Trend Lines and Channels in Crypto Trading Explained
<h2>Pain Points in Crypto Trading</h2><p>Many traders struggle to identify reliable entry and exit points in volatile cryptocurrency markets. A 2023 Chainalysis report revealed that 68% of retail investors incur losses due to misinterpreting price action. For instance, during Bitcoin‘s 2024 consolidation phase, false breakouts from <strong>trend lines</strong> trapped numerous overleveraged positions.</p><h2>Technical Analysis Framework</h2><p>Step 1: Plot…