Expecting a strong move from $SANTOS, potentially yielding 50%.
A strong support line is a price level where an asset tends to stop falling due to significant buying interest (demand) that prevents further declines. It’s often identified by:Multiple Touches: The price has tested the level multiple times without breaking below it. The more tests, the stronger the support.
High Volume: Strong buying volume at the support level indicates robust demand, reinforcing its strength.
Psychological Levels: Round numbers (e.g., $100, 1.2000 in forex) often act as strong support due to trader psychology and institutional order placements.
Historical Significance: Levels where the price reversed or consolidated in the past are considered stronger.
A strong support line is a price level where an asset tends to stop falling due to significant buying interest (demand) that prevents further declines. It’s often identified by:Multiple Touches: The price has tested the level multiple times without breaking below it. The more tests, the stronger the support.
High Volume: Strong buying volume at the support level indicates robust demand, reinforcing its strength.
Psychological Levels: Round numbers (e.g., $100, 1.2000 in forex) often act as strong support due to trader psychology and institutional order placements.
Historical Significance: Levels where the price reversed or consolidated in the past are considered stronger.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。