good info brother, so that others see not to buy in fomo, 1.5 maximum level before correction
shadow5629200
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$USUAL for newcomers a quick and simplified explanation of the "depth" tab of the market, very useful for predicting the supports (in green) where to buy possibly in the event of a decline, and the resistances (in red) which mark the areas to be crossed or a small correction may occur due to the greater number of expected sales. the resistances generally become the future supports when they are crossed and they successfully resist the "pullback" a sort of small return which comes to check if the new support is strong enough. In this tab, on the right in green the supports (generated by the purchase orders of people who think that the asset will go down to such and such a price and who place a purchase order). On the left in red, the resistances (generated by the sell orders of people who wish to sell when the asset reaches such and such a price in order to take profits. this column gives an idea of the general expectations of the market). Please correct me if I'm wrong! ☺️
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