Market Notes | $LUMIA | Lost the 0.1 level
First, a definition: Even among round-number levels, the more rounded the number, the more people tend to watch it. For example, major milestones like tens of thousands or hundreds of thousands attract more attention than ordinary round numbers.
Next, how to interpret them: Round-number levels carry different weight for different coins. More people watch major round-number levels for top coins, while these levels often mean much less for small-cap coins.
With leveraged positions, first work out whether you can withstand the worst-case outcome, then consider what the indicators say.
#LUMIA
First, a definition: Even among round-number levels, the more rounded the number, the more people tend to watch it. For example, major milestones like tens of thousands or hundreds of thousands attract more attention than ordinary round numbers.
Next, how to interpret them: Round-number levels carry different weight for different coins. More people watch major round-number levels for top coins, while these levels often mean much less for small-cap coins.
With leveraged positions, first work out whether you can withstand the worst-case outcome, then consider what the indicators say.
#LUMIA