Resistance & Support

Resistance & Support πŸ“ˆ

The Resistance & Support endpoint offers historical data on a cryptocurrency's previous support and resistance levels. It gives investors like you a clear insight into the price behavior of a coin. The endpoint always returns all historical levels and accepts a single parameter, the Token ID, to identify the cryptocurrency of interest. The data points include the date, Token ID, and support or resistance level.

Parameters: TOKEN_ID, SYMBOL

Datapoints:


DATE

The date of the price level.


TOKEN_SYMBOL

The symbol of the crypto asset (e.g., BTC).


TOKEN_NAME

The name of the crypto asset (e.g., Bitcoin).


TOKEN_ID

Token ID for identifying cryptocurrency for calculating analysis (e.g., the Token ID of BTC is 3375).


HISTORICAL_RESISTANCE_SUPPORT_LEVELS

The historical list of Resistance and Support levels for the asset.


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Visualize on Token Metrics Application:

On Token Metrics Token Detail Page you can see the Resistance/Support Lines of the asset by selecting Resistance and Support Levels on the graph displayed within the Trader view.

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Example Use Case:

These levels can be used by traders to figure out good points to take profit and set stop losses.