learningtrading

What is Support & Resistance? 📉📈

Want to understand the market? Start with Support and Resistance:
​🟢 Support (The Floor): The price level where buying interest is strong, stopping the price from falling further.
🔴 Resistance (The Ceiling): The price level where selling pressure is high, stopping the price from rising further.
​Think of it as a bouncing ball inside a room. It hits the floor ($BTC Support) and bounces up, then hits the ceiling ($ETH Resistance) and comes down.
​💡 Master this, and you master 70% of price action trading!
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