You are viewing a single comment's thread from:

RE: Bitcoin Trend / No. 500 / Bullish With Small Bearish Divergence

in #bitcoin7 years ago

I understand that you are studying the charts to analyze the trend. But the photo I posted is from another person I just saw on Twitter. I just want to know if there is a thing called "path of least resistance" in technical analysis or this person just drew some random lines on the chart? hehe

Sort:  

Yes
In trading some use "The Path of Least Resistance"
resistance-image.jpg

Oh, I see. Thank you for taking time to answer my questions and for providing great market insights! :)