$BTC When do we consider that the price has actually broken through resistance?
It is not enough for the price to touch the resistance level or exceed it momentarily to say there is a real breakthrough. Certain conditions must be met:
A clear candle closure above the resistance -
It is preferable for the closure to be on a reliable time frame such as hourly, 4-hour, or daily. This closure should be significantly higher than the resistance level and not just a slight exceedance.
Confirmation of the breakout -
It is better to have two or more candles closing above the resistance without the price returning below it. It may also be beneficial for the price to return to test the resistance (which has become support) and remain above it, known as a "retest".
How are support and resistance determined?
You can easily identify support and resistance levels through:
Previous highs and lows: The points from which the price has previously bounced up or down.
Psychological levels: Round numbers where the price often pauses, such as 100,000 or 105,000.
Areas of volatility: Where the price moves sideways for a period before making a strong move.
Summary of the process
Do not rely on the momentary break of resistance, but wait for a strong candle closure above it.
Confirming the breakout gives you greater confidence to enter, especially if supported by high trading volume.
#BinanceAlphaAlert #تحليل_العملات_الرقمية #بتكوين #BTC110KToday? #عملات_رقمية
