Where’s the floor?
Understanding support and resistance levels is critical for profitable crypto trading. Even if you don’t trade crypto it can very beneficial to understand this trading fundamental to determine important price areas where you can manage your portfolio. So let’s learn about trend lines, peaks and valleys, daily/weekly/monthly levels, moving averages and Fibonacci levels!
one note of errata:
the fourth fib level is 0.786 and is square root of the golden ratio (0.618). I said it incorrectly.
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