Can you really trade with support and resistance?🤔
Yes! you can because it's the backbone of trading, if you can mark accurate support and resistance you can completely understand market language. How? It gives you accurate entry and exit points It helps you manage risk It helps understand market sentiments Most importantly it works on all time-frames
🎁In short: Just get competence in marking Support and Resistance.
$ZEC just hit another all time high.. still green has potential to move upward as buyers are completely aggressive.. if $ZEC takes a break below $1255 then there will be Red candles here.. It can be a good opportunity to execute a high profit trade.
$FRAX /USDT Strong bullish continuation.. currently at $1.18 up by +23% no as such resistance zone here but here quite below is a strong support zone..
we can see a strong bullish continuation towards $1.35..
Mark my words $FRAX going to hit $1.35 in coming candles...
$AXS /USDT_ Currently at $2.34 at Daily Resistance 🛡️💥 ...having strong volume but price struggling to pump from here.. if a price candle closes above $2.5 then we an eye a pump towards $2.60-2.65✈️🔥 #AXS #TrumpTariffsOnEurope #Write2Earn!
BTC broke structure on 1H🩸and is testing 90k support... Bounce possible, but trend remains weak below 92.5k..
BTC / USD – 1H Analysis🚨🔥 🔍 Market Structure Structure has shifted bearish on 1H Clear Lower High (LH) → Lower Low (LL) printed... Previous ascending trendline broken → now acting as resistance
Key Levels: Current Price: $90500
🟢 Support Zones $90,200 – $90,000 → Immediate support (currently being tested) $88,800 – $88,500 → Major demand zone $87,500 – $87,000 → Last strong support if selling continues
Candles got rejection from the daily Resistance zone🩸.. then again after retesting price got a huge pullback with long upper wick.. also the green candles volume is getting lower consecutively so this time retesting will lea o collapse🔥💥💥..
🔥🔥If it's going to happen then remember its absolutely TERRIFIC☠️💀.. there shouldn't be such that volatility in crypto market .. that's the reason why people consider crypto a "SCAM"🤡💨
and even only 10-15% people can make money in crypto trading.. that's all because of such that things💯🤝
📊As $BTC dropped about 35% before 4 months and it's not even showing any signs of recovery..
in contrast to $btc other strong coins like $ETH $BNB dropped about 50%... if such that volatility going to occur in market every year then crypto will be far more difficult for people to adopt😭😭..
Now if BTC follows this cycle then it should drop towards $60000 and it'll be 50% drop😱😱 and that's massive..