Post
Topic
Board Trading Discussion
Re: Resistance and the support point
by
leonix007
on 16/05/2018, 07:30:50 UTC
Technical trader has no problem determining about the resistance and support area. But how did they able to know that this is the resistance point and this is the support. I am a trader but I am not a technical trader. What specific signal or volume or etc to know it is that and that?

basis on the candles, volumes, bids/orders/sells and history

you may see this also, though this is for stocks, its basically use also on cryptos

https://www.investopedia.com/trading/support-and-resistance-basics/