Support and resistance
📚 Support and resistance: finally, a simple explanation
Are you new to trading?
Here’s an easy way to understand these two concepts.
🟢 Support: an area where the price previously found buyers.
🔴 Resistance: an area where the price previously met more sellers.
On $BTC, these zones can help you structure an analysis.
⚠️ But no support or resistance guarantees a price reaction.
The market can always break these levels.
👉 Do you want me to make a post about breakouts?
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