Resistance Level

Crypto enthusiasts can take advantage of several technical indicators in the crypto realm and make a significant profit. One indicator that has proven worthwhile is the resistance level, which can result in huge profits for crypto traders when tweaked correctly. Interestingly, newbie traders can utilize the Fibonacci extensions to forecast potential resistance levels. For example, it can predict a resistance level will advance and reach the 161.8% or 261.8% Fibonacci resistance levels and then retract. The resistance level is a…