Indicator Notes｜$QNT ｜Breaking Through the 200 Level
Definition: A support level is a price range where declines have repeatedly stalled in the past. A resistance level is a price range where rises have repeatedly met resistance.
A note on how to read them: The level itself doesn’t determine the direction; it’s more like the point where the bulls and bears are most evenly matched. The outcome still depends on trading volume.
Don’t place an order at the fastest-moving moment. Wait for the candlestick to settle before taking a look.
#QNT
Definition: A support level is a price range where declines have repeatedly stalled in the past. A resistance level is a price range where rises have repeatedly met resistance.
A note on how to read them: The level itself doesn’t determine the direction; it’s more like the point where the bulls and bears are most evenly matched. The outcome still depends on trading volume.
Don’t place an order at the fastest-moving moment. Wait for the candlestick to settle before taking a look.
#QNT