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.

Datapoints:


token_id

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


token_name

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


token_symbol

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


slug

The slug of the crypto asset (e.g., bitcoin).


date

The date of the price level.


historical_resistance_support_levels

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


app_link

Provides direct access to the Token Metrics token details page, offering comprehensive insights into the token's performance and statistics.


πŸ‘οΈ

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.

πŸ“˜

Example Use Case:

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