low, and close. The three levels above the pivot are labeled R1, R2, and R3, where R stands for resistance. The three support levels beneath the pivot level are labeled S1, S2, and S3, where S stands for support. The S- and R- levels are determined by the previous...
The support or resistance does not need to be a single level. The above chart shows how the area between $10,500 to $11,000 acted as the resistance zone. Whenever the price reached this zone, short-term traders booked profits and aggressive bears shorted the BTC/USDT pair. Between Augu...
USD/JPY languishes near its lowest level since October touched on Thursday amid a bearish USD, led by bets that the Fed could cut rates multiple times in 2025 amid slowing US economic growth. Moreover, the hawkish sentiment surrounding the BoJ's policy outlook underpins the JPY and validates ...
fakeouts occur when prices open beyond a support or resistance level, but by the end of the day, they wind up moving back within a priortrading range. If an investor acts too quickly or without confirmation, there is no guarantee that prices will continue into new territory. Many...
The more times that the price tests a support or resistance area, the more significant the level becomes. When prices keep bouncing off a support or resistance level, more buyers and sellers notice and will base trading decisions on these levels. ...
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-IEC 61010-1 CAT.IV 600V pollution level 2-IEC 61326, EMC specification: electrical equipment for testing, control and inspection-IEC60529 IP64 (outer box closed state)The instrument is in line with international safty standards IEC610101:2001.This i...
-IEC 61010-1 CAT.IV 600V pollution level 2 -IEC 61326, EMC specification: electrical equipment for testing, control and inspection -IEC60529 IP64 (outer box closed state) The instrument is in line with international safty standards IEC610101:2001. ...
Nevertheless, things have changed recently. MATIC surpassing its resistance level led to Polygon’s price hitting the $1.001175 mark. This strong buying pressure saw its trading volume rise to $1.59 billion over 24 hours, bringing about a market cap of $8.02 billion. The surge in trading activi...
Support and resistance levels are horizontal price levels that typically connect price bar highs to other price bar highs or lows to lows, forming horizontal levels on a price chart. A support or resistance level is formed when a market’s price action r