My understanding of the market is that it doesn’t care about indicators, technical analysis, levels, and so on. The market has followed one rule for centuries: the balance between supply and demand. If the demand to buy is greater than the supply to sell, the price will rise, and vice versa.

Most of the time, the market is in search of this balance, which we see on the chart in the form of a sideways movement/range/consolidation — there are many names for it.

I just try to catch the moment when the balance is broken, like a pendulum. If it swings one way and starts returning, it’s likely to swing in the opposite direction

Let’s analyze the current SATSUSDT chart as an example.

On the daily chart, the price moved sideways. It first tried to break down but failed, returning to the range and attempting to move up. Then, it similarly tried to break upwards, but again failed and returned to the range (it might attempt to go down again).

If we zoom in on the 4H chart, we see the same thing: a sideways movement, an attempt to break upwards, and it seems like it didn’t succeed. Therefore, I would expect to buy no sooner than after we test the lower boundary of this range.