🔒 Closed Crypto Tutorial #1: How to identify support and resistance.

[Crypto Maniac]

What are support and resistance? Support represents a low level a crypto price reaches over time, while resistance represents a high level a crypto price reaches over time. Support materializes when a crypto price drops to a level that prompts traders to buy. This reactionary buying causes a crypto price to stop dropping and start rising. This is what traders use to communicate when to buy and when to sell.

In tagalog isa siyang pattern na sinusundan ng mga traders para makapag communicate where to buy and where to sell and para ma predict din kung san mag bbounce ang isang crypto. Trade in your own risk din dito kase hindi naman tayo lahat mananalo every trade dahil sa volatility ng mga crypto.

next tutorial is basic crypto indicators.

"Risk is your leverage"​

 

[makerkent]

salamat papsy

 

[PHC_Genaro]

Salamat sa info ts.

 

[Professor01]

Saan po ibang tut nito sir? hehe