Market Notes | $ESPORTS | Above the 0.0155 level
First, a definition: A support level is an area where the price has repeatedly found a floor as it falls. A resistance level is a price range that the price has repeatedly failed to break above as it rises.
A common way to read it: The level itself doesn’t determine the direction; it’s more often where the battle between bulls and bears is fiercest. Ultimately, the direction is determined by the money flows.
With leveraged trading, first consider whether you can withstand the worst-case scenario, then look at what the indicators are saying.
#ESPORTS
First, a definition: A support level is an area where the price has repeatedly found a floor as it falls. A resistance level is a price range that the price has repeatedly failed to break above as it rises.
A common way to read it: The level itself doesn’t determine the direction; it’s more often where the battle between bulls and bears is fiercest. Ultimately, the direction is determined by the money flows.
With leveraged trading, first consider whether you can withstand the worst-case scenario, then look at what the indicators are saying.
#ESPORTS