This is one of the range limits of the channel (see), which the price is currently in. If the price mainly increases, there will be an upward trend (see), and both of the trend lines that delineate the dates on both sides, turn, respectively, upwards (the left end of the line is clearly lower than the right). If the trend is generally downwards (see), the two lines of the trend turn down (the left end of the line will be higher than the right). The lower trendline is called the support line (see), and the top trend line is called the resistance line (see).
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