What is Support and Resistance? The purpose of support and resistance levels is to identify favorable entry and exit points. There are multiple trading strategies that incorporate support and ...

A support level is the low end of the price range for an investment over a certain period. Buyers generally see that asset as fairly priced and thus tend to buy it if it falls lower, preventing ...

Bitcoin teased a bounce after hitting oversold levels, but with resistance stacked at $79K–$84K, many fear more pain ahead.

Traders and analysts chart the movements of stock prices over time to pinpoint the support levels and resistance levels that indicate optimal times to buy and sell. Support and resistance are two ...

Well, the hopes and dreams of the bulls have been dashed this week after Bitcoin closed the week out at $94.290, below the key $96,000 weekly support level. In the weeks ahead, we should expect more ...

A support level is the price at which an asset may find difficulty falling below as traders look to buy around that level. Usually, the markets prove unwilling to let an asset drop below its support ...

News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP A common trading strategy amongst analysts and more novice investors is trading asset classes with the use of support and ...