I apologise for the ignorance I am very new to the idea of the analysis of a graph specifically the ones posted by MB, but resistance level is referring to the point where no one wants to buy or sell for that specific amount?
for example 3.4cents being the resistance level implying that 3.3c is what people are willing to pay and 3.5c is where large volumes are being held to sell? creating a wall?
again I'm sorry for the ignorance just trying to learn and this has been a fantastic forum to learn in so far.
thank you to all who contribute!
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