🐋 $XRP fell below the 1.3 level.
There are often plenty of stop-loss orders around key levels. First, let’s understand why these levels matter.
The more often a price level is tested, the more weight it tends to carry in people’s eyes. However, some argue that repeated tests can instead consume the orders resting there.
Reading indicators isn’t difficult; the real challenge is sticking to the rules when the market is at its most extreme.
There are often plenty of stop-loss orders around key levels. First, let’s understand why these levels matter.
The more often a price level is tested, the more weight it tends to carry in people’s eyes. However, some argue that repeated tests can instead consume the orders resting there.
Reading indicators isn’t difficult; the real challenge is sticking to the rules when the market is at its most extreme.