Binance Square
#tradingbasic

tradingbasic

441 views
8 Discussing
DEHMO
ยท
--
๐Ÿ“ Support & Resistance โ€“ The invisible walls of the marketIf there's one thing to remember in trading, it's this. ๐Ÿ“‰ Support = Level where the price struggles to drop below. Buyers step in. Like a "floor." ๐Ÿ“ˆ Resistance = Level where the price struggles to rise above. Sellers show up. Like a "ceiling." ๐Ÿ”‘ How to draw them (simple rule): 1. Go to the 4h or daily timeframe 2. Look for prices that have touched the same level at least 2 times 3. Draw a horizontal line ๐ŸŽฏ Beginner's strategy: ยท Buy near support

๐Ÿ“ Support & Resistance โ€“ The invisible walls of the market

If there's one thing to remember in trading, it's this.
๐Ÿ“‰ Support = Level where the price struggles to drop below. Buyers step in. Like a "floor."
๐Ÿ“ˆ Resistance = Level where the price struggles to rise above. Sellers show up. Like a "ceiling."
๐Ÿ”‘ How to draw them (simple rule):
1. Go to the 4h or daily timeframe
2. Look for prices that have touched the same level at least 2 times
3. Draw a horizontal line
๐ŸŽฏ Beginner's strategy:
ยท Buy near support
Login to explore more contents
Join global crypto users on Binance Square
โšก๏ธ Get latest and useful information about crypto.
๐Ÿ’ฌ Trusted by the worldโ€™s largest crypto exchange.
๐Ÿ‘ Discover real insights from verified creators.
Email / Phone number