$Q ｜Breaking above the 0.047 level
Before discussing capital flows, let’s first understand key price levels.
There are often plenty of stop-loss orders around these levels. Once the price moves past one, those stops can be triggered together, often causing volatility to spike suddenly.
When the price returns to a level after a long time, it often encounters people who entered around that level before, selling to break even or adding to their positions. Trading activity tends to become more concentrated.
Cross-checking several data points is more reliable than looking at just one, but even multiple signals can’t provide a definitive answer.
Before discussing capital flows, let’s first understand key price levels.
There are often plenty of stop-loss orders around these levels. Once the price moves past one, those stops can be triggered together, often causing volatility to spike suddenly.
When the price returns to a level after a long time, it often encounters people who entered around that level before, selling to break even or adding to their positions. Trading activity tends to become more concentrated.
Cross-checking several data points is more reliable than looking at just one, but even multiple signals can’t provide a definitive answer.