What is effective support?

In the bottom consolidation situation, there will be a lot of losing chips that will choose to sell as soon as the price rises slightly, so it is often very bumpy, and there will inevitably be a pullback after the pull.

So what is effective support?

It means that when the price of the currency rises, it will naturally pull back, the trading volume does not break the previous high, and the low point does not break the previous low. In this case, as long as the volume increases again, it is an effective breakthrough. ​​​