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  1. Home
  2. /Glossary
  3. /Support
Back to Glossary
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Support

A price level where buying pressure tends to overcome selling pressure, preventing further decline.

Definition

A price level where buying pressure tends to overcome selling pressure, preventing further decline. Previous lows often become support levels. When support breaks, the next leg down usually follows.

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Related Terms

Resistance

A price level where selling pressure tends to overcome buying pressure, causing price to stall or reverse.

Technical Analysis

Studying price charts and patterns to predict future movements.

Accumulation Phase

A period when smart money quietly buys up an asset before a major price move.

Annualized Return

The average yearly return on an investment, calculated to account for compounding.

Arbitrage

Profiting from price differences of the same asset across different markets.

Ask Price

The lowest price a seller is willing to accept for an asset.

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