Indicator Notes｜$BULLA ｜Failed to hold the 0.09 level
First, a definition: A support level is a price zone where the price has repeatedly found a floor while falling. A resistance level is a price range where the price has repeatedly stalled while rising.
Next, how to read it: The first pullback after breaking above a level is often seen as a test. If the price can hold above that level, the idea that resistance has turned into support is more convincing.
Don’t let a single indicator disrupt your plan, and don’t gamble borrowed money on a prediction.
#BULLA
First, a definition: A support level is a price zone where the price has repeatedly found a floor while falling. A resistance level is a price range where the price has repeatedly stalled while rising.
Next, how to read it: The first pullback after breaking above a level is often seen as a test. If the price can hold above that level, the idea that resistance has turned into support is more convincing.
Don’t let a single indicator disrupt your plan, and don’t gamble borrowed money on a prediction.
#BULLA
