It's also possible traders will struggling to find a footing Xupport before, so are likely. Just like when there was price level as a great entry or exit point, it will likely continue to act as a barrier for prices at X and potentially add a ceiling, rather than a.
Imagine bouncing a ball inside your house.
When the value of an asset reaches the support level, traders expect the price to begin to rise rather than fall further. Prices fall and test the support level, which will either hold, and the price will reverse to the upside, or be violated, and the price will drop through the support and likely continue lower to the next support level. These levels can also be broken if there is a significant shift in market sentiment or other factors that influence crypto markets. Traders also find support and resistance in smaller time frames like one-minute and five-minute charts. Earlier we discussed the importance of the 42K level, which was tested by the flagman for a long
