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RE: STEEM - Resistance line broken :-) :-)

in #steem7 years ago (edited)

Many traders who use technical analysis often hear phrases that suggest a "broken support level will become a future area of resistance" or that a "previous level of resistance will become a support". For beginner traders phrases like this sound like they're spoken in another language, and even many experienced traders never fully understand or appreciate this intriguing role reversal. This article will attempt to shed light on the importance of support and resistance and illustrate why traders should take note when they reverse roles.

It's a very interesting post...Thanks for share...
I love it so much.. @cryptopassion

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Nice post! What will happening, if someone resteem your post?

Wow..!!
That would be great for me.........
Thank you..

Nice comment my friend. Thank you