Support and resistance zones

🔅The concepts of trading level support and resistance important price levels on charts that tend to act as barriers, preventing the price of an asset from getting pushed in a certain direction.

🔅Market psychology plays a major role as traders and investors remember the past and react to changing conditions to anticipate future market movement.

🔅Shifting zones of resistance and support can be revealed by understanding the sentiment and emotion of individual market actors and how that aggregates up to the market.

🥳@Coach