SHORT DEFINITION OF SUPPORT AND RESISTANCE RULE IN ALTCOINS TRADING

in #crypto • 9 years ago

SHORT DEFINITION OF SUPPORT AND RESISTANCE RULE IN ALTCOINS TRADING

The support level is a price range where it's good to buy bcos it's expected that price would rise, d rise maybe little or massive while resistance level is d price range where it's good to sell bcos d price is expected to start dropping from that point and falling may be massive or little.
*Note: some resistance level do turn to support and vice versa, so trade with capital management when following the rule as d market movement is dynamic.

#altcoins
9 years ago in #crypto by
$0.00
    1 vote
    Reply 0

    Coin Marketplace

    STEEM 0.07
    TRX 0.28
    JST 0.046
    BTC 67689.73
    ETH 2030.59
    USDT 1.00
    SBD 0.52