I don’t know why most spot traders don’t know about support and resistance strategy when it comes to spot trading, they feel like it is only for futures traders 😅
The support and resistance strategy in spot trading is simple but it works better than most people give it credit for, you identify a level where the price has bounced multiple times before, you wait for the price to come back to that level, you watch how the candles behave when they get there and if the buyers show up again you buy with a clear level below you that tells you when you are wrong, clean entry, clear risk, no guessing.
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Join Me and Trade Here 👇👇👇
$ZEC - $ETH - $BTC
The support and resistance strategy in spot trading is simple but it works better than most people give it credit for, you identify a level where the price has bounced multiple times before, you wait for the price to come back to that level, you watch how the candles behave when they get there and if the buyers show up again you buy with a clear level below you that tells you when you are wrong, clean entry, clear risk, no guessing.
.
.
.
Join Me and Trade Here 👇👇👇
$ZEC - $ETH - $BTC