4 ways investors use support and resistance levels to make better trades
Cointelegraph
Published Jun 27, 2021 08:05PM ET
Updated Jun 27, 2021 09:40PM ET
Trading should just be a simple process of buying low and selling high but for many investors the process is more akin to rocket science. One of the most basic and easy-to-understand strategies that can help accomplish this is to identify an asset’s support and resistance levels.
Once traders can spot the support and resistance levels, they can improve their entry and exit timing in the market. Support and resistances are also helpful during bullish, bearish and range-bound markets.
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Written By: Cointelegraph
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