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To simplify the process of forecasting exchange rates, supply and demand indicators have long been ... determine the location of supply and demand zones that typically show up as broad resistance ...
the types of supply and demand zones, and how crypto traders find these technical indicators. What is supply and demand in crypto trading? Supply and demand influence cryptocurrency prices.
Technical analysts generally look for levels of support and resistance that can be read from exchange rate charts and consider them indicators ... significant demand or supply zones for a currency ...
What are supply & demand zones? Supply and demand zones are observable areas on a chart where price has approached many times in the past. Unlike lines of support and resistance, these resemble ...
Since the price movements of currency pairs can be influenced by various factors such as interest rates, economic indicators, and investor sentiment, identifying supply and demand zones helps ...