【Trading Awareness Course, Brief Discussion on Support and Resistance (A Must-See for Retail Investors)】
Most investors naively believe that support and resistance are specific positions, but the reality is that support and resistance levels are determined by actual market conditions, not a specific position! Using areas to express them would be more appropriate; because upper and lower shadows will always fluctuate up and down, interfering with your judgment. Of course, support and resistance should only be used as a reference. If you encounter false breaks, traps for longs or shorts, etc., using support and resistance could lead to disastrous consequences for your account. $BTC $ETH #BTC