A classic market-watching moment: $JCT has climbed above the 0.0031 level.
To candlestick charts, a key level is just an ordinary number; to us, it’s a psychological barrier.
Here’s a quick bit of serious market education: there are often a lot of stop-loss orders clustered around key levels. Once the price breaks through, these stops are triggered all at once, and volatility can suddenly spike.
All indicators describe market movements that have already happened, and prices can turn and move in the opposite direction at any time.
To candlestick charts, a key level is just an ordinary number; to us, it’s a psychological barrier.
Here’s a quick bit of serious market education: there are often a lot of stop-loss orders clustered around key levels. Once the price breaks through, these stops are triggered all at once, and volatility can suddenly spike.
All indicators describe market movements that have already happened, and prices can turn and move in the opposite direction at any time.