$LSK broke below the 0.24 level.
Let's use this data to talk about round-number levels.
Common criteria for determining whether a break is valid include: the close holding on that side of the level, a retest that holds, and increased trading volume when crossing the level.
Crossing a level only means one side has the upper hand at that moment; how far it goes afterward depends on where the next key level is and whether trading volume can be sustained.
Unusual data is often accompanied by more dramatic volatility; at such times, it's better to reduce position size rather than add to it.
#LSK
Just my personal opinion, not investment advice.
Let's use this data to talk about round-number levels.
Common criteria for determining whether a break is valid include: the close holding on that side of the level, a retest that holds, and increased trading volume when crossing the level.
Crossing a level only means one side has the upper hand at that moment; how far it goes afterward depends on where the next key level is and whether trading volume can be sustained.
Unusual data is often accompanied by more dramatic volatility; at such times, it's better to reduce position size rather than add to it.
#LSK
Just my personal opinion, not investment advice.
