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Teaching you precise methods to find
Bitcoin & Ethereum resistance/support levels
(Lesson 1)Author: Big Profit Turning Expert
In crypto trading, avoiding pitfalls and accurately identifying resistance levels (obstacles to price increase) and support levels (safety cushions for declines) are key! These two points reflect the market’s capital costs and sentiment. Using the right methods, you can precisely pinpoint buy and sell opportunities. Here are 4 practical tips, combined with recent trends, that are easy to understand:
1. Core Identification Techniques (Profit on Entry)
1. Historical Highs and Lows Method: BTC recently faced resistance near $95,000 multiple times; this is a strong resistance zone. The $87,500 level is a support tested repeatedly; the more tests, the more reliable. ETH’s $3100-$3150 is recent strong support, while $3270-$3300 is a short-term resistance zone.
2. Psychological Round Numbers: BTC’s $90,000 and $100,000, ETH’s $3000 and $3500 are naturally anchored support/resistance levels in the market, attracting many take-profit and stop-loss orders.
3. Dynamic Moving Average Method: BTC is currently above the 200-day moving average, which acts as dynamic support; the 50-day moving average around $91,600 is short-term upward pressure. ETH’s 50-day MA has turned support, while the 200-day MA is an important medium-term resistance.
4. Volume Clusters: BTC’s $85,000-$90,000 and ETH’s $3000-$3200 are recent volume concentration zones. Breaking through turns resistance into support; falling below turns support into resistance.
2. Practical Tips & Pitfall Avoidance
- Confirm with volume: Support rebounds on volume, and resistance breakthroughs on volume are more reliable signals.
- Match cycles: Use 4-hour charts for short-term, daily charts for long-term; don’t rely on small timeframe signals for big trades.
- Beginners should avoid overextending: Focus on 1-2 recent strong support/resistance zones, leave 5% buffer space to avoid being stopped out by shakeouts.
Trading relies on probabilities. Correctly identifying support/resistance levels can double your win rate! Follow Big Profit Turning Expert. Next time, I’ll share “Support/Resistance + K-line patterns” for double setups. DM “Strategy” to get exclusive indicators. Follow the expert, and you won’t worry about missing gains in crypto! Like and save to avoid three years of detours in trading!