Resistance Level
Resistance level is a term used in financial markets to describe a price point at which a security or asset is expected to experience difficulty in surpassing. It is a price point that is expected to act as a barrier to further price increases. Resistance levels are used by traders and investors to identify potential entry and exit points in the market. Resistance levels are also used to identify potential areas of support and resistance in the market.
History of Resistance Level
The concept of resistance level has been around for centuries. It was first used by traders in the 1700s to identify areas of potential support and resistance in the markets. The concept has since been adopted by modern traders and investors to identify potential entry and exit points in the market. Resistance levels are also used to identify potential areas of support and resistance in the market.
Comparison Table
| Price Point | Expected Difficulty |
|---|---|
| $10 | Low |
| $20 | Medium |
| $30 | High |
Summary
In summary, resistance level is a term used in financial markets to describe a price point at which a security or asset is expected to experience difficulty in surpassing. It is a price point that is expected to act as a barrier to further price increases. Resistance levels are used by traders and investors to identify potential entry and exit points in the market. For more information on resistance levels, traders and investors can visit websites such as Investopedia, The Balance, and Investing.com.
See Also
- Support Level
- Trend Line
- Moving Average
- Price Action
- Price Channel
- Price Gap
- Price Target
- Price Volatility
- Relative Strength Index
- Technical Analysis
