📊 HOW TO FIND SUPPORT & RESISTANCE ON TRADINGVIEW (Step-by-step for Beginners) 🎯
If you want to stop guessing market direction, you MUST learn how to read Price Action!
Here is the exact method I use to draw Support and Resistance zones:
1️⃣ Start on Higher Timeframes (4H / 1D) ⏳
Always look at the bigger picture first! Higher timeframes show you where the real institutional buyers and sellers are hiding.
2️⃣ Look for Sharp Reversals 📉📈
Find price points where the market aggressively bounced back.
• Where the price bounces UP = SUPPORT (Buying zone) 🟢
• Where the price gets rejected DOWN = RESISTANCE (Selling zone) 🔴
3️⃣ Draw ZONES, Not Lines 🟩
Price rarely respects a single line. Draw horizontal rectangles (zones) around candle wicks and bodies to capture the full liquidity area.
4️⃣ Wait for Confirmation (Breakout vs. Bounce) ⚡
• Bounce: Look for rejection candles near Support/Resistance.
• Breakout: Wait for a candle body close outside the zone + a retest before entering!
Trading isn't gambling—it's probability and patience! 🧠
Which chart indicator do you rely on the most? Drop it in the comments below! 👇
#CryptoTrading #TradingView #TechnicalAnalysis #BinanceSquare #CryptoEducation $NVDAB
If you want to stop guessing market direction, you MUST learn how to read Price Action!
Here is the exact method I use to draw Support and Resistance zones:
1️⃣ Start on Higher Timeframes (4H / 1D) ⏳
Always look at the bigger picture first! Higher timeframes show you where the real institutional buyers and sellers are hiding.
2️⃣ Look for Sharp Reversals 📉📈
Find price points where the market aggressively bounced back.
• Where the price bounces UP = SUPPORT (Buying zone) 🟢
• Where the price gets rejected DOWN = RESISTANCE (Selling zone) 🔴
3️⃣ Draw ZONES, Not Lines 🟩
Price rarely respects a single line. Draw horizontal rectangles (zones) around candle wicks and bodies to capture the full liquidity area.
4️⃣ Wait for Confirmation (Breakout vs. Bounce) ⚡
• Bounce: Look for rejection candles near Support/Resistance.
• Breakout: Wait for a candle body close outside the zone + a retest before entering!
Trading isn't gambling—it's probability and patience! 🧠
Which chart indicator do you rely on the most? Drop it in the comments below! 👇
#CryptoTrading #TradingView #TechnicalAnalysis #BinanceSquare #CryptoEducation $NVDAB