Market Notes｜$AGT ｜Breakout above 0.06
Definition: A support level is a price range where declines have repeatedly stalled in the past. A resistance level is a price range that prices have repeatedly failed to rise above.
A note on how to read them: Many people use these levels as reference points for risk management. Which side of a level you hold a position on, and where you set your stop-loss, are more practical considerations than trying to guess the direction of the market.
Avoid placing orders during the most volatile few minutes. Wait for the candlestick to close and settle before deciding.
These views are for discussion only. You are responsible for your own gains and losses.
Definition: A support level is a price range where declines have repeatedly stalled in the past. A resistance level is a price range that prices have repeatedly failed to rise above.
A note on how to read them: Many people use these levels as reference points for risk management. Which side of a level you hold a position on, and where you set your stop-loss, are more practical considerations than trying to guess the direction of the market.
Avoid placing orders during the most volatile few minutes. Wait for the candlestick to close and settle before deciding.
These views are for discussion only. You are responsible for your own gains and losses.