Discover how identifying supply and demand zones can provide valuable insights, aiding traders in making informed decisions.
Identifying supply and demand zones is an essential part of technical analysis that can help traders optimize their activities. These zones are consolidation areas that can occur before a significant upward or downward price movement.
Supply and demand zones can indicate areas of market reversal or trend continuation, and crypto traders leverage them in attempts to turn a profit from their crypto trading strategies. This article digs into what supply and demand zones in crypto trading are, the types of supply and demand zones, and how crypto traders find these technical indicators.
Supply and demand influence cryptocurrency prices. In trading, supply is the number and activity of sellers, whereas demand is the number and activity of buyers.
