What Are Support and Resistance?

Support and resistance are significant levels in the price and a direct offshoot of supply and demand levels. In fact, all support and resistance lines were originally supplies or demand zones in which the price was already tested a few times. That is how support and resistance are created – they are essentially the confirmed supply and demand levels

The Difference Between Supply & Demand and Support & Resistance
As mentioned earlier in the article, supply and demand are fresh levels or zones where a price has not been determined yet. Therefore, these levels are valid to trade.
Support and resistance are levels or lines in which the price was already determined and changed a few times, therefore making them less relevant to trade.

Why Supply & Demand is the Way to Trade
The method of supply and demand trading is basically to trade these levels based on the fresh price after these levels are created. Trading supply and demand only at the first touch is the most professional and safe way to remain profitable and obtain a great Risk Reward ratio.
Another nice benefit to supply and demand trading is that it offers a possibility of a break from the trading screen. Since price levels are predetermined, this means traders can set them and wait. This is great for traders who do not want to sit and monitor every single move on the screen.
Supply and demand prices also move quite logically. When traders buy and sell within supply and demand zones, there are clear motivations and machinations at play. This means that the price tends to move more logically. This is always applied to supply and demand because those are the most fundamental, sound principles in economics.

The Problem With Trading Support And Resistance Levels
We touched upon it earlier, but trading support and resistance levels are riskier than trading supply and demand levels.
As much as the price tests the same level, the chances for breakout increase.
Judging from my trading experience on Bitget, support and resistance levels are not the ideal levels to trade but definitely levels to act on while we are in a trade. They are good levels to roll stop loss or to close a position or part of a position.

The Difference Between Supply & Demand and Support & Resistance Summarized
In summary, all support and resistance levels were originally supply and demand levels where a price was already checked and confirmed a few times in order to fill previously unfilled orders. After the price was determined on these levels a few times, supply or demand became support and resistance. The bottom line is supply becomes resistance, and demand becomes support.

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HI @bash4bash

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