#Knowledge_base📚

Price often doesn't rise or fall endlessly — it moves within ranges that can be noticed and used in trading.

One of the simplest and most popular patterns is movement within a channel.

↔️ Channel (trading channel) — is a price range bounded by two parallel lines:

Upper boundary — resistance level

Lower boundary — support level

🧩 Types of channels:

Ascending channel — price rises, but bounces off the upper and lower boundaries.

Descending channel — price falls, but does not break through the boundaries.

Horizontal channel — sideways movement without a clear trend.

🛠 Built in the same way as a trend, at least from two points

Watch the tutorial on our YouTube channel

📉In our case, for Bitcoin $BTC , a descending channel in the range from 111k to 99k

🎯 Note:

Channels work on all timeframes: from minutes to weeks.

Use them in conjunction with our RSI indicator of all timeframes: add and use.

Do not blindly trade from the boundaries of resistance and support — the market can break any pattern at any moment.

📌 Save this post — you will come back to it when the market starts moving "in a corridor" again).

#study #analysis