spacecraft

Bitcoin Weekly short-term pivot-point 211227

Long
BITCOKE:BTCUSD   None
Support and resistance are used by traders to refer to price levels on charts that prevent the price of an asset from getting pushed in a certain direction.

We can use the demand and supply framework to understand price ceilings and price floors.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.