Indicator Notes｜$Q ｜Breaking through the 0.12 level
First, the definitions: A support level is a price zone where the price has repeatedly found support as it falls. A resistance level (also called a resistance zone) is a price zone where the price has repeatedly met resistance as it rises.
How to read it: It’s not uncommon for the price to break through a level and then fall back, so many people prefer to wait for the candle to close and hold above the level rather than jumping in the moment it breaks through.
With leveraged trading, first consider whether you can withstand the worst-case scenario, then look at what the signals are saying.
First, the definitions: A support level is a price zone where the price has repeatedly found support as it falls. A resistance level (also called a resistance zone) is a price zone where the price has repeatedly met resistance as it rises.
How to read it: It’s not uncommon for the price to break through a level and then fall back, so many people prefer to wait for the candle to close and hold above the level rather than jumping in the moment it breaks through.
With leveraged trading, first consider whether you can withstand the worst-case scenario, then look at what the signals are saying.