Support and Resistance Explained _ Binance.US Blog
Support and Resistance Explained _ Binance.US Blog
The Basics of
Support and
Resistance
Explained
August 17, 2023 - 6 min read
Support and resistance are fundamental
concepts to understand when it comes to
technical analysis.
Closing thoughts
Support and resistance are fundamental concepts to
understand when it comes to technical analysis.
Support acts as a floor for price, while resistance acts
as a ceiling.
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