Articles ยป price action

price action

The importance of support and resistance levels in trading

In this article, we will explore the importance of support and resistance levels in trading and how they can be used by crypto day traders to improve their profitability. What are Support and Resistance Levels? Support and resistance levels are price levels on a chart where the price of an asset tends to stop, reverse or consolidate. Support levels are price levels where demand for an asset is strong enough… Read More »The importance of support and resistance levels in trading

Technical analysis for crypto: An introduction

In this article, we will provide an introduction to technical analysis for crypto day traders, including key concepts, tools, and strategies. Key Concepts Before we dive into the tools and strategies of technical analysis, it is important to understand some key concepts. Price Action: Price action refers to the movement of the price of an asset over time. This includes the opening price, closing price, highest price, and lowest price.… Read More »Technical analysis for crypto: An introduction