Dominant Trend Lines

Finding the most dominant trend line is also important. In the below example, two smaller downtrends have both been rejected by dominant resistance stemming from Bitcoin’s all-time high peak.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Premium Partners