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Support and Resistance VS Supply and Demand Explained In the today's post, I will compare support and resistance levels with supply and demand zones. I will explain to you the difference between them and share important tips and examples. What are support and resistance levels? We also call them key levels. These are particular levels on a price chart from where in the past we saw significant bullish or bearish movements. Key support will be a one single level, that has a historical significance and from where a bullish reaction will be anticipated. The all-time low on USDCHF will be a perfect example of a key support. It is one single level that was respected one time in the past and from where a bullish reversal initiated. Key resistance will be a one single level on a price chart that has a historical significance and from where a bearish movement will be expected. The all-time high on Gold will represent a key horizontal resistance. That level was respected one time in the past and from that level exactly the market dropped heavily. What are supply and demand zones? In comparison to support and resistance levels, supply and demand zones are the areas on a price chart. The zones that are based on multiple touches and consequent strong bullish or bearish reactions. Demand zone will be the area that was tested at least 2 times in the past, and the price should strictly respect different price levels within that area. A similar reaction will be anticipated from the demand zone in the future. The yellow area above will a good example of a demand zone. You can see that the price tested that area 3 times, and each time the market respected different levels lying within that. These 3 tests compose the demand area. Supply zone will be the area that was tested at least 2 times in the past and the price should strictly respect different price levels within that area. A similar reaction will be anticipated from the demand zone in the future. In this example, a supply area on EURUSD is based on 2 touches of key levels, lying very close to each other. On the chart above, I underlined 2 horizontal support levels - the single levels that were respected by the market multiple times, and a supply zone - the area that is based on tests of multiple levels lying close to each other. Support and resistance levels give you SINGLE levels from where you can look for trading opportunities. While supply and demand zones represent the areas . After a test of a supply and demand zone, the market may react to a RANDOM level within that. For newbie traders, it is highly recommendable to trade single key levels, while experienced traders can broaden their strategies and trade supply and demand zones as well. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDEducation
by VasilyTrader
1
ONDO Looks Bearish (12H)At the top, we have a hunt followed by a bearish CH, and then the formation of a neutral range, which represents our distribution phase. The price is near a resistance zone and has been rejected; therefore, it is expected to move toward our downside targets soon. The targets are marked on the chart. A daily candle closing above the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
BTC DOMINANCE Update (4H)This analysis is an update of the analysis you see in the "Related publications" section As expected from the previous analysis, we anticipated a drop in this index, and the drop is currently in progress. One important point to note is the green zone, which is a strong support area. It is possible that the diametric/symmetrical structure we discussed in earlier analyses is still intact. In that case, wave F of this diametric pattern may complete in the green zone, and candles could then enter wave G | a bullish wave that may trigger a significant correction in altcoins. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
CRYPTOCAP:BTC.D
by behdark
3
Solana - Market structure Shift - The Levels to be aware of !In this video I look at the higher time frame and point out some key reasons of why I'm expecting a deeper pullback as well as local time frame where we can see the clear levels to be taken if your looking to accumulate or open longs . Aside from the Solana coin I look at the Eth/Btc pair and BTC which ultimately determines the fate of the alt coin market . Any questions please feel free to ask in the comments section below
BINANCE:SOLUSD
by SJTRADESFUTURES
Solana and Bitcoin Update ! Whats Next Quick update covering BTC and Solana . I had done videos previously anticipating this move to the downside and wanted to cover the current price action and add a little clarity to the situation . We have had a great reaction off of BTC so far and thus some alts have also followed suit . Bitcoin holds the fate for the alts so we want to see btc hold the current range 113K . Take it level by level and dont panic . This is a great opportunity but we want to see a sign of strength in SOL before taking positions .
BINANCE:SOLUSD
by SJTRADESFUTURES
A sharp surge in UVXY coming to $12-15? Then buy the dip?I think it's finally time to make some money from a vol trade. It won't be a massive move or anything, but it'll be enough to scare people. If we look at the chart, you can see price has broken out of the falling wedge that formed after the April fall in the markets. We're now consolidating under the trend line and I think once price breaks $10.82, we're going to see a massive surge higher because vol has been compressed for so long. Now I do think this is the start of a larger move as vol will finally become unpinned, however, I think you'll want to buy the dip after this initial surge in vol. I think it's likely that UVXY makes a move from $12-$14.80. I've marked off higher resistances incase it's a bigger move than I expect, but my base case is that we see a very fast move up to the box and then you'll want to get out of the vol trade and buy equities for the final move higher. If this plays out, I think the next move in equities will be a blow off top that sends many mega caps surging 20-50% and some smaller caps over 100%. Essentially, you won't want to stay short or long vol after this trade. Let's see if this plays out. I think it is most likely to happen tomorrow, Thursday or early next week, but I've marked off key dates incase my timing is wrong.
CBOE:UVXYLong
by benjihyam
3
XRPUSD 4H: Key Triangle Breakdown Leads to $2.70 TestXRPUSD 4H: Key Triangle Breakdown Leads to $2.70 Test Chart Overview: On the 4-hour timeframe, XRP (XRP/USD) has seen a significant shift in market dynamics. After an attempt to establish a bullish continuation pattern within a symmetrical triangle, the price has broken down decisively, indicating a strong return of bearish pressure. Recent Price Action: XRP made a notable high around the 3.10 to 3.20 Key Resistance zone in mid-September, which proved to be a strong ceiling. Following this rejection, price consolidated, forming a symmetrical triangle pattern (outlined by the green trendlines). Within this consolidation, XRP attempted to push past the 3.00 Immediate Resistance multiple times but was consistently rejected. The lower boundary of the green triangle provided temporary support, allowing for bounces. However, the critical event occurred recently when XRP broke down decisively below the ascending trendline of this triangle. This breakdown was accompanied by strong selling pressure, pushing the price through the 2.90 to 2.95 zone, which previously offered some support. Most recently, XRP retested the 2.8 to 2.85 zone (highlighted in blue), which was a prior support level. This retest saw a clear rejection, confirming this zone has now flipped into resistance. The current price action indicates a continuation of this bearish momentum, with price now heading towards the crucial 2.700 support level. Key Resistance Levels to Watch: 2.8 to 2.85: This is the immediate overhead resistance. Bulls would need to reclaim this level to show any signs of a short-term recovery. 2.90 to 2.95: A more significant structural resistance, having served as a pivot point. A move above here would start to challenge the current bearish trend. 3.00 Immediate Resistance: This psychological and structural level was repeatedly tested and rejected during the triangle consolidation. It represents a formidable barrier for any significant bullish reversal. 3.10 to 3.20 Key Resistance: The highest point of the prior rally and the top of the range. A return to this level would signal a major bullish resurgence. Key Support Levels to Monitor: With XRP currently trading around 2.73, the focus is squarely on immediate support: 2.700: This is the most immediate and critical support level. It previously acted as a strong bounce area and will be closely watched. A decisive break below 2.700 could trigger further downside. 2.500: Should 2.700 fail to hold, the 2.500 level is the next significant structural support. This would represent a deeper correction, and traders will look for signs of stabilization here. Outlook & Scenarios: Bearish Scenario: If XRP fails to find significant support at the 2.700 level and breaks decisively below it, we can anticipate a continued downtrend towards the 2.500 support. Further weakness below 2.500 would indicate a more prolonged bearish phase. Bullish Scenario: For bulls to regain control, XRP needs to first stabilize at 2.700 and then make a concerted effort to reclaim the 2.8 to 2.85 and 2.90 to 2.95 resistance zones. A clear move back above these levels, potentially challenging the 3.00 resistance, would signal a potential reversal or a return to range-bound consolidation. Conclusion: XRP is currently facing strong selling pressure on the 4-hour chart following a breakdown from a key symmetrical triangle pattern. The market is at a critical juncture, testing the 2.700 support level. Traders should remain vigilant and watch for a reaction at this level, as its breach could open the door to further declines towards 2.500. Conversely, any significant rebound would need to overcome several layers of resistance to negate the current bearish outlook. Disclaimer: The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
CRYPTO:XRPUSDShort
by ManiMarkets
1