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

in #bitcoin • 7 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

7 years ago in #bitcoin by
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     7 years ago 

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

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     7 years ago 

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

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