让人蛋疼
永续合约交易
Occasional Trader
5.6 Years
4 Following
57 Followers
89 Liked
4 Shared
Posts
All
Quotes
PINNED
Support and Resistance in Technical Analysis
In technical analysis, support lines and resistance lines are tools that almost everyone uses, but most people use them incorrectly.
Whether it is $BTC or $ETH , or various altcoins, opening any candlestick chart will show traders repeatedly drawing lines and entering and exiting at key positions, trying to capture trends using the method of 'going long on support and short on resistance.'
But the reality is: the crypto market is precisely the market that is most likely to 'slap in the face' the support and resistance.
1. Support and resistance are 'unstable'
Compared to traditional financial markets, the crypto market has several inherent characteristics:
Whether it is $BTC or $ETH , or various altcoins, opening any candlestick chart will show traders repeatedly drawing lines and entering and exiting at key positions, trying to capture trends using the method of 'going long on support and short on resistance.'
But the reality is: the crypto market is precisely the market that is most likely to 'slap in the face' the support and resistance.
1. Support and resistance are 'unstable'
Compared to traditional financial markets, the crypto market has several inherent characteristics:
$HYPE
Full warehouse leverage?
Speaking of which, HYPE has been continuously favorable these days
Full warehouse leverage?
Speaking of which, HYPE has been continuously favorable these days
Login to explore more contents