Pro Lab
Level confluence: where support and resistance stack up
Level confluence gathers levels of different kinds around the price and shows where they meet. A zone where liquidations, options, volume and structure point to the same price counts for more than a single line. It is a Pro Lab tool, part of the Pro and Elite plans.
Using it
- On a computer, press Pro Lab on the right-hand toolbar; on a phone, open the analysis centre from the chart's bottom bar and choose Pro Lab. Then choose Level confluence.
- Enter a symbol or keep the one on your chart, and choose the timeframe of the structure levels.
- In the settings, choose the sources, the merge distance (a share of the daily ATR), how many different kinds a zone needs (1, 2 or 3) and the range around the price (3, 6 or 12 daily ATR either side).
- Pick a zone on the price ladder or in the table to see the levels it is made of.
The sources
- The prior day's, week's and month's high, low, open and close; swing highs and lows on 4-hour and daily bars; round numbers.
- Auto Analysis support, resistance and channel lines, and the Fibonacci levels of its last leg.
- Volume profile (the last day's and week's point of control, value area and high-volume nodes) and moving averages (the daily 50, 100 and 200 and the weekly 20 and 50).
- For coins, estimated liquidation clusters from Binance futures; for coins with options, call and put walls, max pain, the gamma flip and the expected move over 30 days.
Good to know
- The more kinds meet in a zone and the stronger each level, the higher its score and the thicker its band. Broken swing levels count for less.
- Liquidation clusters are an estimate from changes in open interest, not real orders.
- Copy a zone to paste its range, score and sources somewhere else.