Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
Ahsan Kabir
--
Follow
Claim your red pocket Reward
$BNB
$FDUSD
#redpocketreward
Code: BPM0AZRTUE
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
BNB
620.95
+4.00%
FDUSD
0.9996
+0.01%
7
0
Replies
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
LIVE
Ahsan Kabir
@Square-Creator-025f957671b3
Follow
Explore More From Creator
--
Breakouts & Breakdowns
--
Gap Analysis
--
Using support and resistance in trading: $BTC $ETH Support and resistance levels can be used in a variety of trading strategies. One common strategy is to buy an asset when it reaches a support level and sell it when it reaches a resistance level. This is known as range trading, and it can be an effective strategy in markets that are trading in a range. Another strategy is to look for breakouts of support or resistance levels. A breakout occurs when the price of an asset moves above a resistance level or below a support level, indicating a potential trend reversal. Traders may use breakouts as a signal to enter a trade in the direction of the breakout. It is important to note that support and resistance levels are not always precise. The price of an asset may break through a support or resistance level, or it may temporarily pierce a level before reversing course. Therefore, it is important to use other technical indicators and risk management strategies in conjunction with support and resistance analysis.
--
How to identify support and resistance: Support and resistance levels can be identified using a variety of technical analysis tools, such as trend lines, moving averages, and Fibonacci retracements. Some traders also use chart patterns, such as double bottoms and head and shoulders, to identify support and resistance levels. When identifying support and resistance levels, it is important to look for areas where the price has reversed direction multiple times in the past. The more times the price has bounced off a particular level, the stronger that level is likely to be. $ETH
--
Latest News
OpenAI Faces Departure Of Key Safety Researcher
--
Ethereum(ETH) Drops Below 3,000 USDT with a Narrowed 3.68% Increase in 24 Hours
--
Bitcoin(BTC) Drops Below 76,000 USDT with a Narrowed 0.14% Increase in 24 Hours
--
Cardano Reclaims Top 10 Spot Amid Cryptocurrency Market Rally
--
Bitcoin Surges to New All-Time Highs Amid Market Optimism
--
View More
Trending Articles
$XRP something big is happening .. behind c
Player Satoshi
1.6 Trillion SHIB Stuns Major Crypto Exchange Coinbase, What's Going On?
U.today
$DOGS 🔥🔥 DOGS TOKEN PRICE PREDICTION FOR NEXT MONTH NOVE
FAHEEM TRADERS
Understanding Liquidation in Futures Trading: Avoiding Costly Mistakes
Anasta Maverick
Bitcoin Trading Made Easy: Where To Buy & Where To Sell!
Diganta
View More
Sitemap
Cookie Preferences
Platform T&Cs