In the MoonBot terminal in the “Pencil” button there is a drawing element “Horizontal line”, what is it for?

The drawing elements are activated in the PRO version of the MoonBot terminal if the Moon Scalper module is present and the “Pencil” button is enabled. Inside the menu “Pencil”, there is an element of drawing “Endless Horizontal Line”, which is set on the chart by clicking the mouse with the CTRL button pressed on the keyboard. This line allows to quickly mark important trading levels, support and resistance lines, to which the price comes or moves away from it. In addition, to the left of the line will be indicated the exact price of the coin, on which the line is set. Thus it is possible to mark the trading chart: round levels, to which the price often comes, lines of maximum growth or fall, levels of pro trades and other. In the same menu you can choose the type of line, its thickness, color and transparency, as well as set sound alerts that will signal when the price will cross these lines.