In technical analysis, the supply and demand of the market are used to determine the levels of resistance and support. These levels show the mood of the market
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The support level is always below the current market price as if it supports it and does not allow it to fall below a certain level. This is where the buyers prefer to buy their assets
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The descend near the support line stops and prices begin to rise. At this level, you should open long positions and close short ones
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You can analyze the market on your own or with special analytical services, such as Trading Central.
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The support level is always below the current market price as if it supports it and does not allow it to fall below a certain level. This is where the buyers prefer to buy their assets
⠀
The descend near the support line stops and prices begin to rise. At this level, you should open long positions and close short ones
⠀
You can analyze the market on your own or with special analytical services, such as Trading Central.