The latest episode of the crypto market drama: $GTC has fallen below the 0.24 level.
To candlesticks, a level is just a number; to us, it’s a big deal.
Jokes aside, a support level is a price zone where prices have repeatedly found a floor on the way down. A resistance level is an area prices have repeatedly failed to break through on the way up.
The same reading can mean very different things in different market conditions, so don’t apply a single rule mechanically.
To candlesticks, a level is just a number; to us, it’s a big deal.
Jokes aside, a support level is a price zone where prices have repeatedly found a floor on the way down. A resistance level is an area prices have repeatedly failed to break through on the way up.
The same reading can mean very different things in different market conditions, so don’t apply a single rule mechanically.