At this point, you must have understood how to read information from candlesticks, price trends, resistance support and also how to look for it on a chart that you have learned from the first episode of Indodax Academy.

There are 2 methods that can be used to find support and resistance on a digital asset chart. The first method you can find with visual observation is where you observe the area that is the peak and the valley in the price movement.

Trading digital assets is more or less the same as trading principles. We buy at one price level and sell at a higher level. There is a term for this, namely Buy Low Sell High, i.e. buy low sell high. The second term is buy high sell higher or buy high and sell higher.

The candlestick has 2 colors, namely green and red candlesticks. Green candlestick means that the candle rises because the closing price of the period is higher than the opening price.

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