A breakout attempt at descending resistance suggests a potential bullish continuation. Fibonacci confluence supports key ...
Support—the opposite of resistance—is the price below which a security doesn't drop over a particular period of time. A support level—often referred to simply as “support”—is a price ...
Support and resistance lines conform the most basic analytical tools and are commonly used as visual markers to trace the levels where the price found a temporary barrier. In other words ...
Pivot points help traders identify support and resistance levels by calculating the average of the previous period's high, low, and closing prices. One of the few technical analysis indicators ...
Ethereum price faces critical resistance at $2,610, stagnating its recovery despite increasing investor interest. Can ETH ...
Gold tested $2,930 resistance but failed to break higher, increasing the risk of a bearish continuation toward key support at ...
Round-number levels are especially prone to serve as support or resistance, as investors view pullbacks to such levels as good entry points for long positions or potential closeout points for ...
Stella Osoba is the Senior Editor of trading and investing at Investopedia. She co-founded and chaired Women in Technical Analysis. She has 15+ years of experience as a financial writer and ...