I'm not trading
BTCUSD
or cryptos actively but "a chart is a chart" as my my master (he's called MightyOne) says.
This is how i draw price levels (Supply&Demand) over my charts:
1) Supply is a zone (it doesn't matter how you are drawing it) around the top aka 0% or 25% RET in this chart.
2) Demand is a zone (it doesn't matter how you are drawing it) around the bottom aka 100% or 75% RET in this chart.
3) The midpoint is the midpoint LOL! Use it to take profits or to push in your direction when price is moving away from the actual range.
BTCUSD
or cryptos actively but "a chart is a chart" as my my master (he's called MightyOne) says. This is how i draw price levels (Supply&Demand) over my charts:
1) Supply is a zone (it doesn't matter how you are drawing it) around the top aka 0% or 25% RET in this chart.
2) Demand is a zone (it doesn't matter how you are drawing it) around the bottom aka 100% or 75% RET in this chart.
3) The midpoint is the midpoint LOL! Use it to take profits or to push in your direction when price is moving away from the actual range.