In the crypto market, trend lines, support lines, and resistance lines are among the most commonly used technical analysis tools by traders. However, upon careful observation, you will find that the lines drawn by each person are almost all different. Some draw support levels at point A, while others believe it should be at point B; the angle of the trend lines also varies from person to person. This difference is not accidental but is determined by several factors:

1. Each person's subjective understanding is different

Although technical analysis has certain patterns and methods, its essence is an interpretation of past data, and the way it is interpreted depends on personal experience and perspectives.

  • Different time frames: some look at the 1-hour chart, some look at daily charts, and some even use 1-minute charts. The different time periods lead to variations in trend lines and key points.

  • Different points of focus: some traders tend to capture local fluctuations, while others focus on larger structural trends.

2. The diversity of technical analysis methods

Different traders may use different technical tools to interpret the same market signals.

  • Subjective line drawing vs. automatic line drawing: some rely on personal experience to manually draw lines, while others use algorithmic tools, which naturally leads to different results.

  • Different line drawing rules: some choose to connect closing prices, while others focus more on the lowest or highest points of the wicks. Different rules determine the position of trend lines.

3. The randomness of the market and trading psychology

The volatility of the crypto market is strong, and many key points are not absolute fixed values, but rather a range, or even a reflection of market sentiment.

  • The diversity of market participants: traders' strategies, capital sizes, and psychology vary, leading to different interpretations of support and resistance as different areas.

  • There is no 'perfect line': trend lines and support/resistance lines are merely tools, and the real operation of the market is more complex. These lines help traders understand market behavior, rather than being absolute predictions.

4. Like leaves, each trader's drawn lines are unique

"No two leaves are exactly alike," and the same applies to the market. Each person's drawn lines are not just interpretations of price data but also reflect their trading philosophy, risk preferences, and way of thinking.

  • Differences in trading styles: short-term traders and long-term investors have completely different points of focus in the market. Short-term traders may be more inclined to capture small ranges of support and resistance, while long-term investors focus more on larger trends.

  • The influence of experience and background: there will be significant differences in line drawing between novices and veterans. Veterans may pay more attention to historical data and market structure, while novices may lean more towards intuitive high and low points.

Conclusion

The trend lines and labeled support and resistance lines drawn by everyone are different, not because the market is irregular, but because the market itself is shaped by countless individuals, each interpreting it from different perspectives. This difference does not diminish the role of technical analysis; rather, it makes the market more vibrant.

Therefore, there is no need to get tangled up in the differences in how others draw lines; as long as your logic is clear and risk management is appropriate, the line that belongs to you is the one that suits you best. The market is diverse, and the lines you draw are your unique language of interaction with the market.





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