Glossary
What is Level (support / resistance)
A price the market has already turned from: below — support, above — resistance. A level is a decision point, not a wall.
How it works
ETH 1h, May 2023: the level held price for 34 hours.
Example
ETH, 26–28.05.2023: the 1 838 level held price for 34 h until the 00:00 close on 28.05 went above it.
Common mistake
Drawing a level at every touch: out of ten lines, none matter.
Read next
Related terms
Frequently asked questions
- Where can I learn Level (support / resistance) step by step?
- In the Trading OS Academy: “How price builds a story”, “Sweep or breakout”.
- What is Level (support / resistance) related to?
- Breakout; Retest; Liquidity.
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