🐋 $LUMIA has fallen below the 0.1 level.
A lot of orders tend to cluster around whole-number levels. Let’s first talk about why key price levels can matter.
Common ways to judge whether a breakout is valid include: closing on the other side of the level, holding on a retest, and seeing volume pick up during the breakout.
Indicators can be wrong, so don’t skip the stop-loss: deciding in advance what you’ll do if your call is wrong matters more than getting the prediction right.
#LUMIA
A lot of orders tend to cluster around whole-number levels. Let’s first talk about why key price levels can matter.
Common ways to judge whether a breakout is valid include: closing on the other side of the level, holding on a retest, and seeing volume pick up during the breakout.
Indicators can be wrong, so don’t skip the stop-loss: deciding in advance what you’ll do if your call is wrong matters more than getting the prediction right.
#LUMIA