spiderlines aka support and resistance

4 בדצמ׳ 2021

so spiderlines are defo a thing.... coined by none other than TheRealCryptoFace these lines can be layed on any timeframe and there aim is to project future possible support/ resistance zones. as you can see they are bang on alot of the time. to create ur spiderlines i look for a clear dip before the most significant rally and then plot a ray from the lowest high then plot off every other high before the one you started with and you finish on the high before the dip. any probs ask.... just look at where this dump ended bang on a pre spiderline