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Technical Analysis : Identify the major support and resistance levels
Title : 3 simple steps to draw your supports and resistances like a pro 📉📈
Content :
Before placing any order on the market, reading the chart structure is essential.
1️⃣ Identify multiple touch points : The more a level has been tested and caused the price to bounce, the stronger it is.
2️⃣ Watch the volume : A resistance breakout supported by strong volume confirms a legitimate breakout.
3️⃣ Think in zones, not exact prices : The market doesn’t react to the exact cent; reason in price bands.
Take the time to analyze your charts before putting your funds at risk!
#TechnicalAnalysis #Chartist #Binance #TradingKnowledge @Square-Creator-d1d69400b0d0
Technical Analysis : Identify the major support and resistance levels
Title : 3 simple steps to draw your supports and resistances like a pro 📉📈
Content :
Before placing any order on the market, reading the chart structure is essential.
1️⃣ Identify multiple touch points : The more a level has been tested and caused the price to bounce, the stronger it is.
2️⃣ Watch the volume : A resistance breakout supported by strong volume confirms a legitimate breakout.
3️⃣ Think in zones, not exact prices : The market doesn’t react to the exact cent; reason in price bands.
Take the time to analyze your charts before putting your funds at risk!
#TechnicalAnalysis #Chartist #Binance #TradingKnowledge @Eden-
Title : 3 simple steps to draw your supports and resistances like a pro 📉📈
Content :
Before placing any order on the market, reading the chart structure is essential.
1️⃣ Identify multiple touch points : The more a level has been tested and caused the price to bounce, the stronger it is.
2️⃣ Watch the volume : A resistance breakout supported by strong volume confirms a legitimate breakout.
3️⃣ Think in zones, not exact prices : The market doesn’t react to the exact cent; reason in price bands.
Take the time to analyze your charts before putting your funds at risk!
#TechnicalAnalysis #Chartist #Binance #TradingKnowledge @Eden-
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