Cryptocurrency Q&A What is the zig zag line used for?

What is the zig zag line used for?

Arianna Arianna Fri Sep 20 2024 | 7 answers 1165
Excuse me, could you please elaborate on the purpose of the zig zag line? I've noticed it in various financial charts and cryptocurrency market analyses, but I'm unsure of its specific function. Is it a technical indicator used to identify trends or reversals? Or does it serve a different purpose altogether? Your insights would be greatly appreciated. What is the zig zag line used for?

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