The purpose of support and resistance levels is to identify favorable entry and exit points. There are multiple trading strategies that incorporate support and resistance levels. Additionally ...

to make sure you thoroughly understand this simple yet important dynamic. Don't be disappointed if S&R lines haven't worked for you until now. You see, in reality, support and resistance are price ...

Traders use them to determine if a market is trending and, if it is trending, as dynamic support and resistance levels. Many traders also use moving averages as the basis of a trend-following ...

Keeping an eye on support and resistance levels will help inform your trading decisions. With Bitcoin’s volatility, understanding these key levels can make all the difference in navigating its ...