$PARTI ｜Breaking through the 0.05 level
What do support and resistance mean? A support level is an area where prices have repeatedly found support as they fall. A resistance level is an area where prices have repeatedly met resistance as they rise.
Volatility can increase near these levels. Leveraged traders should leave extra room here; setting a stop-loss too close to a round number can get you stopped out in a quick sweep.
The same data can mean very different things in different market conditions, so don’t blindly apply a rule of thumb.
#PARTI
What do support and resistance mean? A support level is an area where prices have repeatedly found support as they fall. A resistance level is an area where prices have repeatedly met resistance as they rise.
Volatility can increase near these levels. Leveraged traders should leave extra room here; setting a stop-loss too close to a round number can get you stopped out in a quick sweep.
The same data can mean very different things in different market conditions, so don’t blindly apply a rule of thumb.
#PARTI