HomeTechnical Analysis Principles: Support and Resistance
Technical Analysis Principles: Support and ResistanceLevel: Beginner
SM
Samuel McCulloch
Head of Adara Academy & Trading division. Professional crypto trader with experience in capital markets, options and futures trading.

Terminology

Front - running-you get in front of the cheaper bigger bid

Support - levels where this big buyers come in and set up their bids

Resistance - area where you find a lot of sellers

Support and resistance represent interesting places where people think the prices are attractive enough to buy and sell

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