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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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.