1- Graphically, explain the difference between Weak and Strong Levels. Explain what happens in the market for these differences to occur.

Before I talk about the difference between weak and strong levels, I would like to explain what Resistance and support are.

Resistance: The price level that an uptrend has difficulty exceeding and often cannot exceed.

Support: These are the price points that a downtrend price encounters and has difficulty exceeding.

What is strong resistance and support?

[binance]

If a price has risen to a level several times but cannot or has had a hard time breaking it, there is strong resistance here.

What is strong support?

[binance]

If a downside price is struggling or unable to break through a point it encounters, there is strong support.

What Is Weak Resistance And Support?

[Binance]

Points of resistance and support that are easily exceeded are called weak resistance and support.

When we examine the chart, the price reaches the support or resistance points at most twice and easily exceeds that point.

[Binance]

Graphically, explain the difference between Weak and Strong Levels.

• The price reaches strong resistance and support points at least twice. He cannot exceed this point and has difficulty in overcoming it.

The price reaches weak resistance and support points at most twice and easily exceeds this point.

• At points of strong resistance and support, buy and sell orders wait longer and their number increases. For this reason, high transaction volume is seen when these levels are reached.

Fewer buys and sells occur at weak resistance and support points, and the trading volume is small.

• Money mobility is high at high resistance and support points.

Currency volatility is low at low resistance and support points.

What is the State of the Market at Strong and Weak Levels?

The resistance and support points are actually the points where the sell orders wait and wait. When prices reach these levels, pending orders start to process. There is a large amount of money movement. In this case, it causes the price trend to change.

A large trading volume is seen at the point where there is strong resistance and support.

In addition, there is a currency movement, albeit low, at weak resistance and support points.

Identifying support and resistance points is very important.

Accordingly, purchase and sale planning is made.
It helps to anticipate the price change direction.

What is Space And what causes GAP ?

There is a jump in prices when there is no transaction in the markets for a while and then sudden, large-volume transactions take place. The gap formed on the graph as a result of the jump is called the GAP.

(Edited in Pain)

When there is no transaction in the money markets for a certain period of time, some breakouts occur on the chart. These are price gaps.

Let's give an example. With the intervention of weekends, price jumps are seen as a result of sudden and large transactions in the stock markets on Mondays. The gap formed as a result of these jumps is the GAP.

Types of Spaces

source

*Common Gaps

It is price gaps that are insignificant in the markets. It is generally seen in volumeless markets.

Standard gaps seen at the opening are mostly closed during the day.

*Breakaway Gaps

It is an important type of gap between gap gaps. It helps the investor to have a preliminary idea of ​​the market.
We understand that a new trend will begin. We also recognize when there is a strong resistance or support level.

*Runaway Gaps

They are the gaps that can be the continuation of the break gaps.

It helps us determine the direction and strength of the current trend.

If these gaps are in the bullish direction, investors will want to trade.
If this gap is bearish, investors will trade in the sell direction.
In this case, confidence in the market decreases.

*Exhaustion Gaps

Exhaustion gaps experience large price differences.

Therefore, it is quite important.

It is seen after the trading volume arising between the previous day's close and the new opening.

Space Trades in the opposite direction.
Because the price is expected to return and retake the levels skipped in the gap.

It is important to be able to catch this trend in advance. The reason is this: As a result of the supply and demand of the investors, the value rises and falls.

Through a Demo account, perform the (buy/sell) through Strong Supports and resistances. Explain the procedure (Required Screenshots).

Buying Tether USD

Tether USD faces strong pre-GAP support. I foresee that it will start with a rise after the gap and I am buying on September 11th.
Tether USD is good for buying if it breaks a strong resistance level and shows a bullish move.

[poloniex]

Through a Demo account, perform the (buy/sell) through Gaps levels. Explain the procedure (Required Screenshots).

EOSBTC Sale

EOSBTC comes to the resistance point between September 8 and September 9 and cannot break the resistance here.

I predicted that the price would decrease and I made a sale.
EOS BTC is in a downtrend, so a sell order was placed.

[poloniex]

Conclusion

For those who are interested in trading, resistance and support points of prices are important. Accordingly, purchase and sale planning is made. In addition, knowing the GAP types that occur depending on these resistance points will give very important ideas for sell orders.