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Tagged: Resistance, Supprot
Support:The place where will get the support and raising the price is nothing but a support.
Resistance:The place where will get the resistance and falling the price is nothing but a resistance.
Support s buyers zone (demand > supply)
Resistance is sellers zone (supply > demand)
when price falls, support represents when buying overwhelms selling and price reverse
resistance is the where selling overwhelms buying and the price increases stop
Support – Demand > Supply – buyers zone – price increases
Resistance – Supply > Demand – sellers zone – price falls
Support – Buyers
Resistance – Sellers
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