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I'm still very much a newbie to all this and would like to get some help.

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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)

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  • 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 '20 at 5:26

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