crypto_gunther
Long

Broken Support Becomes Resistance for Price

BITTREX:MCOUSD   Monaco / US Dollar (calculated by TradingView)
70 views
0
70 0
Observe how the red line acts as resistance for the price since that support was violently broken.

However, this resistance weakens each time the price touches it. The price can explode upwards once it breaks above the resistance and reestablishes it as strong support.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out