Skip to content
Fri, Aug 14 UTC 23:33:01 MKT CAP $1.96T
BitcoinBTC $62,945.68 -0.83% EthereumETH $1,880.83 -0.27% TetherUSDT $1.00 +0.00% BNBBNB $607.09 -0.63% USD CoinUSDC $1.00 +0.01% XRPXRP $0.9966 -1.17% SolanaSOL $75.34 -1.18% TRONTRX $0.3329 -0.45% DogecoinDOGE $0.0700 -0.11% XMR $398.68 +0.61% CardanoADA $0.1797 -1.43% ChainlinkLINK $9.00 +1.69% ToncoinTON $1.60 +0.95% DaiDAI $1.00 +0.00% StellarXLM $0.1577 -1.13% Bitcoin CashBCH $204.40 -1.11%

Technical Analysis Basics: Support, Resistance and Trend

By Tanaya Macheel

Charts do not tell the future. They record where buyers and sellers have already clustered. Here is what support, resistance and trend genuinely describe, and where the framework stops working.