Resistance Trend Line
A Resistance Trend Line in trading is the opposite of a Support Trend Line. It's a line drawn on a chart connecting several high price points of an asset over time. It generally indicates a downward trend, where the price tends to get rejected after touching the line, acting like a ceiling for the price movement. It Provides potential entry points for short positions (selling) when the price approaches the line.
Resistance Trend Line, more examples
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