Resistance level means that when the price rises to a certain price, the price stops rising or even falls back. The resistance level is the tangent between the highest points of each peak on the K-line chart of price operation. The resistance level plays a role in preventing the price from continuing to rise, and vice versa. Resistance and support can be exchanged with the strength of the market.

The resistance level shows that the current supply makes it impossible for prices to continue to rise. The main reason for this situation is that when the price continues to rise near the resistance level, the seller will be more willing to sell, but the buyer will not buy because of the high price, which greatly weakens the motivation for price increase. After the exchange rate reaches the resistance level, the supply relationship in the market changes, which will prevent the price from rising.

The resistance level can be broken. If the resistance level is broken, it means that many forces in the market now far exceed the empty side. The higher the price is than the resistance level, the stronger the significance of buying now. Investors are willing to buy at a higher price. After the resistance level is broken, a new resistance level will be established.