📊 Support & Resistance — Important Trading Concepts
🔹 Support: where price can repeatedly find support after moving down.
🔹 Resistance: where price can move up and face obstacles.
However, there is no guarantee that price will definitely reverse at every Support or Resistance level.
So, looking at Trend + Candle Close + Volume + Support/Resistance together can help you understand the market.
I am also learning Trading gradually.
Do your own research (DYOR). 📚
$BTC
#Crypto #Bitcoin #TradingTips #SupportResistance #BinanceSquareFamily $AAPL.US $ETC
🔹 Support: where price can repeatedly find support after moving down.
🔹 Resistance: where price can move up and face obstacles.
However, there is no guarantee that price will definitely reverse at every Support or Resistance level.
So, looking at Trend + Candle Close + Volume + Support/Resistance together can help you understand the market.
I am also learning Trading gradually.
Do your own research (DYOR). 📚
$BTC
#Crypto #Bitcoin #TradingTips #SupportResistance #BinanceSquareFamily $AAPL.US $ETC