Today's market comedy is served: $ETHFI breaks through the 0.7 level.
To prices, round-number levels are just ordinary numbers; to us, they're a big deal.
Jokes aside, previous highs and lows are the most common key price levels. The memory of being unable to rise past—or of being supported at—a certain level often influences buying and selling when the price returns to it.
Calculating your position size based on where you place your stop-loss is much more reliable than just guessing.
#ETHFI
NFA. Do your own research.
To prices, round-number levels are just ordinary numbers; to us, they're a big deal.
Jokes aside, previous highs and lows are the most common key price levels. The memory of being unable to rise past—or of being supported at—a certain level often influences buying and selling when the price returns to it.
Calculating your position size based on where you place your stop-loss is much more reliable than just guessing.
#ETHFI
NFA. Do your own research.