暴走的加密博士
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💡What are effective support and resistance levels?
In the volume-price system, support level = demand zone, which is where the main force establishes positions. The appearance of vertical demand bars allows us to clearly understand the market's demand situation, thus finding key support levels through changes in demand.
Resistance level = supply zone, where the main force takes profits and exits. Similarly, the appearance of vertical distribution zones can help us identify the existence of resistance levels.
Whether it is support or resistance levels, they are never just a simple line, nor are they golden ratio lines. Instead, interpreting the market through changes in real demand and supply, based on supply and demand fluctuations, is the principle closest to the market itself.
New user registration 20% off transaction fee invitation code: SVIP8
This week, we will focus on explaining [Wyckoff Trading] to help everyone systematically learn trading, live teaching from 19:00 to 21:45. Those who missed the live broadcast can click to watch the replay.
In the volume-price system, support level = demand zone, which is where the main force establishes positions. The appearance of vertical demand bars allows us to clearly understand the market's demand situation, thus finding key support levels through changes in demand.
Resistance level = supply zone, where the main force takes profits and exits. Similarly, the appearance of vertical distribution zones can help us identify the existence of resistance levels.
Whether it is support or resistance levels, they are never just a simple line, nor are they golden ratio lines. Instead, interpreting the market through changes in real demand and supply, based on supply and demand fluctuations, is the principle closest to the market itself.
New user registration 20% off transaction fee invitation code: SVIP8
This week, we will focus on explaining [Wyckoff Trading] to help everyone systematically learn trading, live teaching from 19:00 to 21:45. Those who missed the live broadcast can click to watch the replay.
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