To understand the possible advantages and disadvantages of using a line graph, let's look at an example one. Here it is for reference during the assessment of line graphs:
Looking at this graph (and others that I have not showcased), I would conclude that line graphs have the following advantages:
1) Line graphs display information clearly and minimalistically
2) Line graphs have the capability of displaying multiple dependent variables
3) A reader can easily predict future outcomes
However, line graphs aren't perfect, and they can have their disadvantages, too:
1) Too many graphed dependent variables can render a graph incomprehensible
2) Difficult to display data with uneven intervals
3) False advertising can manipulate a graph to display something that is not true