Cascades of technical levels in a narrow range
Widget Appearance
Using a high-precision analytical algorithm, the model determines the most significant and recurring levels to which the price reacted based on historical data and the current market situation. Once the levels are identified, the model finds their accumulation in a narrow range and notifies the user either when the price approaches them.
To add the "Cascade levels" tool to your workspace, first click on the "Widget menu" button in the platform header. Then click on the button of the same name in the "Technical" section.
Widget location
Cascade Levels is a model that identifies and shows support and resistance levels for a particular asset in real time. The scanner alerts the user when the asset approaches the level. The data is displayed in the form of a table with several columns.
If the user has a chart widget opened, synchronized with Cascade levels, the widget will draw a level on the chart when clicking on the chart icon in the header. Along the right price scale of the chart, the number of approaches of the asset price to the drawn level will be displayed.
Отображение отмеченных уровней на графике.
Отображение отмеченных уровней на графике.
The widget allows users to track the prices of various cryptocurrencies and identify key support and resistance levels.
When the algorithm finds price support and resistance levels, it instantly alerts the user so that they can make timely and informed trading decisions.
With Cascade levels, the user can monitor the prices of different cryptocurrencies simultaneously and receive notifications about important changes, which allows him to be always aware of the market situation and not to miss interesting trading situations.
<aside> 💡 An important advantage of the tool is the ability to track the accumulation of levels. It is the reaction to such price zones that is accompanied by increased volatility due to the concentration of liquidity behind the cluster of levels.
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