Post
Topic
Board Trading Discussion
Re: Resistance and the support point
by
eagle10
on 18/05/2018, 12:57:55 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?

You may refer to this video regarding determining the resistance and support area. https://www.youtube.com/watch?v=DfNYmXkCfOs

I really confuse in your post how come you become a trader if you don’t know the technical analysis. I suggest you to take time to study TA because although it is not hundred percent correct but at least you have basis on your decision.
Yes, I am trading but I am basing most of my decision with other trader's chart. There are many expert in the tradingview[dot]com whom I am following based on the coin or ticker they are speculating in the chart. But it is still doesn't come to my mind how they derive the resistance and support, now I was able to ask and the answers are great reference.