Where’s the floor?
Episode 046
Understanding support and resistance levels is critical for profitable crypto trading. Even if you don’t trade crypto it can very beneficial to understand this trading fundamental to determine important price areas where you can manage your portfolio. So let’s learn about trend lines, peaks and valleys, daily/weekly/monthly levels, moving averages and Fibonacci levels!
one note of errata:
the fourth fib level is 0.786 and is square root of the golden ratio (0.618). I said it incorrectly.
Credits
Podcasting 2.0 Apps available at http://newpodcastapps.com/
I can be reached by email at mcintosh@genwealthcrypto.com and on twitter at @McIntoshFinTech. My mastodon handle is @mcintosh@podcastindex.social. Looking forward to hearing from you!
Website
Music Credits
Protofunk by Kevin MacLeod
Link: https://filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license
Funky Life by WinnieTheMoog
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