What Is A Demand Zone?
A demand zone is a support area where traders buy. This is often lower than the current spot price and can be near a psychological level such as $15,000, $20,000, or more.
Institutional supply and demand zones are often placed at flat numbers, and the price usually moves up or down depending on the trend.
A demand zone is a support area where traders buy. This is often lower than the current spot price and can be near a psychological level such as $15,000, $20,000, or more.
Institutional supply and demand zones are often placed at flat numbers, and the price usually moves up or down depending on the trend.
Trade closed: target reached
50% BOUNCE AFTER breakoutTrade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.