Understand Support, Resistance, and Trend Direction Before Trading!
In trading (especially technical analysis), support lines, resistance, and trend direction are important concepts to help determine the best time to buy or sell.
Here is the explanation along with a simple chart image:
📉 1. Support Line
The support line is the lowest price level that tends to hold the price from falling further.
Usually, many buyers enter at this level, causing the price to bounce back up.
Example:
The price drops to 100 $USDT and then always bounces back up → thus, 100 is support.
📈 2. Resistance Line
Resistance is the highest price level that tends to hold the price from rising further.
Many traders sell at this level, so the price often bounces back down.
Example:
The price rises to 150 $USDT and then always drops again → thus, 150 is resistance.
📊 3. Trend Direction
Trend direction shows where the price movement is generally headed:
Uptrend: Price continuously rises (higher high & higher low)
Downtrend: Price continuously falls (lower high & lower low)
Sideways: Price moves flat (no significant rise/fall)
#TradingBasics #TrendAnalysis #CryptoEducation #AnalisaTeknikal
