Level is not a line, it’s a ZONE 📉
The main mistake is drawing support/resistance as a single thin line along the exact tail. The market doesn’t work that way. I mark a range: from the candle body to the end of the wick, plus the cluster where there have already been several reactions. The more touches and the higher the volume in this area — the thicker the zone.
My plan with $BTC is simple: I watch how price behaves INSIDE the zone, not on a single pixel. Holding with a retest from above — Scenario A, a long based on structure. A pierce through the entire zone with the body on close — invalidation, the idea is canceled, no longer relevant.
A thin line creates a false sense of control. A zone provides a real R:R.
NFA, DYOR. This is my analysis, not a signal. 🧭
#BTC #Trading #MarketAnalysis #Crypto
🧭
The main mistake is drawing support/resistance as a single thin line along the exact tail. The market doesn’t work that way. I mark a range: from the candle body to the end of the wick, plus the cluster where there have already been several reactions. The more touches and the higher the volume in this area — the thicker the zone.
My plan with $BTC is simple: I watch how price behaves INSIDE the zone, not on a single pixel. Holding with a retest from above — Scenario A, a long based on structure. A pierce through the entire zone with the body on close — invalidation, the idea is canceled, no longer relevant.
A thin line creates a false sense of control. A zone provides a real R:R.
NFA, DYOR. This is my analysis, not a signal. 🧭
#BTC #Trading #MarketAnalysis #Crypto
🧭