How to draw a perfect resistance/Support line. 1. Identify the trend - series of higher-highs/ lower-lows. 2. Plot the line - connect 2 or more significant price points . 3. Confirm the trend - look for confirmation values the coin respects. #dyor #Binance #crypto2023 #BTC
#SHIBAINU prices fell 10% in the last 24 hours due to drama around the beta version of #SHIBARIUM blockchain's layer 2 network, designed to enhance scaling and data capabilities.
The concerns came from #SHIBARIUM beta testnet using the same Chain ID as an existing blockchain.
SOPR (Spent Output Profit Ratio) is a metric user in cryptocurrency trading. It measures crypto trading profit/loss by comparing buying price to current price. A value above 1 means profit, below 1 means loss.