[00:02] will talk about trend lines now we will open something, go to our bnb table now We will go through all of them, go to tradingview, enter bnb Well, traditionally with USD,
[00:14] go to tradingview, enter bnb Well, traditionally with USD, So, I now have a weekly chart selected now we will look for trend lines I will explain to you why we need them at all,
[00:29] this is actually done quite simply, trend lines come in two or three types, there is an ascending, descending and just sideways, everything is done quite easily in general, we visually look at the chart
[00:44] chart and select this trend, take for example, this is what the trend line is called and plot it along the peaks I will just plot it along the peaks I will just switch to the daily chart to get a
[00:57] better look and take an example, look at what a clear trend is, so we take it from here and here such a line Now you will zoom in a little more
[01:15] Good morning That is, for example, we could plot it here I don’t know what the future will be and we understand that in general everything is going down this is how much I general everything is going down this is how much I moved the movement from November 25 to 27
[01:29] December, that is, we see a month of movement and it can be extended. I probably should have taken it better, but it’s not important. That is, without knowing what will happen next, we saw several peaks and built a line like this and when we
[01:44] see this line, the probability that the trend will continue is very high and here Our task is a trend is like a wave We never go against the trend, we go with it, everything started to decline. This means we assume that
[01:58] the price will be lower and you can buy somewhere lower. Yes, at some point, of course, the trend stops and you really may not guess when it will end, but it doesn’t make sense to play against the trend. That is, if
[02:12] we saw several peaks along it, with a high degree of probability it will continue further. That is, there is a downward trend, there is an upward trend while in this lesson we are just learning to find
[02:29] these trends now no conclusions need to be made on this. Then we will do all this, this. Then we will do all this, that is, bam, we saw here clearly at the top, for example, by these, this and this that we have an upward
[02:43] trend here, we are building on them. And we assume that further this will all be the market is cyclical, we see cycles  cycles, but overall, we have an upward trend. Here we have a
[03:00] going straight up, up, that is, it's better to wait and not make any purchases or sales to see where the trend will go next, up or down. Let's look at the cardan.
[03:22] look, you can see them right away, they're quite easy to find, that is, it's clearly visible, yes, how quite easy to find, that is, it's clearly visible, yes, how we have here, where the trend is going, we we have here, where the trend is going, we had a downward trend, you can
[03:37] had a downward trend, you can increase this more and arrange it more clearly, in principle, it's normal, I set 23 increase from here. It 23 increase from here. It goes here.
[03:59] sense to buy in order to sell it at a higher price. When we invest long-term, When we invest long-term, we are more interested in longer trends. That is, those that are, for example, weekly. If
[04:13] traders trade, they bet, of course, smaller. They can even take minute trends, but we are not very interested in such trends. We are interested in general trends, that is,
[04:25] here we have a trend, we have a descent, here it is from here and here it went down. I plotted it along these peaks. But in the current phase, we have a
[04:37] horizontal line, which is called accumulation. accumulation. Let's take a horizontal line. So here we had an accumulation and now it went down a little,
[04:51] accumulation and now it went down a little, but in general this is also a sideways line when it is not clear where the trend will go if we have, of course, a downward trend in general, but it also changes to a sideways trend, so we do not know for sure where it will go, but we
[05:07] can make an assumption, which means don’t play against the trend if it keeps going down, then we do not make all assumptions that it will now go up sharply and thanks to this we calmly place the next buy orders lower
[05:23] because the probability that the trend will continue and it will come here is very high Let’s take another one Let it be an auto, it’s just such an it be an auto, it’s just such an interesting auto, it has something to show as
[05:36] we looked at the previous times, now we clearly have just such a sideways trend now we clearly have just such a sideways trend here there is no particular rise and fall, in here there is no particular rise and fall, in general We also have a sideways trend somewhere like this
[05:52] if something is hard to see, switch to the daily chart and look at it, on the daily chart you can even more clearly see how much of this very
[06:04] sideways movement is here So I’d better take just a trend line and here it will even be more accurate Here we see how many days it has been holding for us with  From September 20th to October 11th, we had a
[06:22] sideways trend. Before that, if we take the peaks, take these parts, we had an ascending trend.
[06:47] to see these trends. We will do the rest in the next lesson, and then I will tell you what they mean and how to use them. Now you need to understand in general, remember that we are not playing against the trend. We do what we do when the trend goes. If we
[07:03] clearly see that it is going down, we calmly buy more. If it is going horizontally, we do not make any sudden movements and see which way the market will turn. If we
[07:17] see an increase, then we can buy more and sell higher. Now for homework, sell higher. Now for homework, go to Trading, take your tokens and use them to find an upward trend, a downward trend, and a sideways trend. Send me a few
[07:33] screenshots so that I can see that you understand how this is done, and in the next lesson, we will already have a little practice for today. That's all I have, see you in the next lesson.