Support (Support Level),
How To Define Support (Support Level)?
A support or support level refers to a price level at which an asset does not fall below it for a specific period of time. Buyers develop a level of asset support that hits the market each time an asset falls at a lower price. In technical analysis, a simple level of support can be planned for the reporting period by drawing lines at the bottom. The support line can be flat or down or down with the general price trend. Technical chart indicators and other technical indicators can be used to identify more advanced versions of support.
- The support level represents a price at which it is difficult to fall below an asset for a fixed period of time.
- The support level can be indicated by using various technical indicators or by drawing a line attached to the blanket for a straight period.
- Laying train lines or combining moving averages provides a more dynamic supporting appearance.
Literal Meanings of Support (Support Level)
Meanings of Support:
Supports some or all of the weight of the binder.
Especially to help him work or work financially
Suggest the truth to confirm it.
Permission to use or operate (program, language or device) (computer or operating system)
Something that supports or supports the weight of an object.
Sentences of Support
With the help of the dome there are one hundred white pillars
The government spends $ 2.5 billion annually on volunteer activities
Studies support our findings
Newer versions do not support GUI standards
I can bear the pain at work during the day
The best mount for a camera is a tripod
He called for military assistance to protect the human convoy.
Synonyms of Support
subsistence, prop, corroborate, endure, aid, put up with, hold up, substructure, suffer, base, assist, validate, stand, authenticate, help, confirm, reinforce, abide, weather, sustenance, document, keep up, keep, prove, maintenance, underprop, sustain, shore up, foundation
Meanings of Level:
Provides a flat, even level one.
Same or similar (something, especially game scores).
Find the difference in height of (earth).
A plane or line that is horizontal in relation to the distance above or below a particular point.
Position on a real or imaginary scale of quantity, quantity, level or quality.
(In video games) A series of increasing difficulty levels that a player can advance by completing a level.
Contamination consists of air bubbles, partially filled with alcohol or other liquids, in a sealed glass tube, the position of which indicates whether the surface is flat or vertical.
It has a flat, even surface, with no slopes or holes.
On a level similar to someone else's.
Sentences of Level
The contractor began leveling the floor of the new plant
He turned his shotgun on himself when apprehended by a police officer on the porch of the house where the shootings took place
I also used to accurately measure the level of the soul!
We have reached the flat ground
His eyes are on the same level
Synonyms of Level
in line, aim, direct, on a level, train, stable, smooth, make level, plumb, unchanging, make equal, on the same level as, constant, extent, make uniform, regular, regularize, beam, make flat, flush, aligned, even up, size, even off, plane