📚 Learning the Path of Crypto Trading Today’s lesson
An important topic for beginners is Support & Resistance.
🔹 Support is a price area where the price can fall and then rise again.
🔹 Resistance is a price area where the price can rise and then fall again.
It’s not right to make a Buy/Sell decision by looking at just one candle. It’s important to look at Trend + Support/Resistance + Candle confirmation together.
I’m also learning slowly step by step. Make your own research and decide for yourself. 📈
#Crypto #Trading #Binance #Bitcoin #TradingTips$BTC
An important topic for beginners is Support & Resistance.
🔹 Support is a price area where the price can fall and then rise again.
🔹 Resistance is a price area where the price can rise and then fall again.
It’s not right to make a Buy/Sell decision by looking at just one candle. It’s important to look at Trend + Support/Resistance + Candle confirmation together.
I’m also learning slowly step by step. Make your own research and decide for yourself. 📈
#Crypto #Trading #Binance #Bitcoin #TradingTips$BTC