I'm still very much a newbie to all this and would like to get some help.
By 'support' and 'resistance' assume you mean in the context of trading an asset. If so, then, simplistically, support means a level at which the value of the asset could become attractive for incremental buyers. Resistance means the value which the asset may be having a hard time breaking out of (likely due to people selling at those levels)
Thank you for answering! I am still very new to this and would like to learn more. I was trying to search videos youtube about it but there were so many to sift through so I figured I should just ask. Thank you! Aug 7, 2020 at 5:26