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TheCryptoLabs TheCryptoLabs PRO BTCUSD, 60, Long ,
BTCUSD: Support & Resistance
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BTCUSD, 60 Long
Support & Resistance

Support and resistance levels are critical in financial markets. They are very similar to pivot points, except simpler. When the price of a pair goes up to $10,000 and goes down to $9000 USD, that $10,000 USD zone is now resistance. If it bounces from $9000 and up to $11,000, the $9000 level is now support and the $10,000 resistance is now broken and could ...

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