#Continuation

Finding Support and Resistance

Support and resistance areas are relatively direct areas and can be identified on any chart.

All you have to do is find a level that the market has reached and has not been able to break through, whether it is upward or downward.

_The more times the market has reached that level without succeeding in breaking through, the stronger the resistance or support level is described.

And let’s not forget that support and resistance numbers cannot be extremely precise; it is unusual for the market to record the exact same price every time.

You can liken support to a glass floor and resistance to a glass ceiling, which may be broken through each time.

As shown in the attached image, the number 1 symbolizes resistance

and the number 2 symbolizes support

#kaito

$BTC $SOL $ETH