Support & Resistance for Bitcoin, CFD and Forex Trading

Indicators are a great addition when looking at support and resistance levels. This is because the indicators will act as another form of validation that the security is approaching a support or resistance level. Since support and resistance levels act in a cyclical fashion, meaning the price will bounce off of the high and lows of the range; oscillators are the best fit. Oscillators like support and resistance levels will bounce from one extreme to the next. Here is a list of indicators that are great with support and resistance levels: RSI and Slow Stochastics.

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