$ZK fell below the 0.015 level.
When I first got into the space, I didn't understand why everyone was watching round-number levels. Later, I figured it out: traders like to place limit orders and take-profit orders around whole numbers. When enough orders pile up, the tug-of-war near those levels becomes more intense, and over time they become psychological levels.
It's easy to learn how to read indicators; the hard part is sticking to your plan when emotions are running high.
#ZK
When I first got into the space, I didn't understand why everyone was watching round-number levels. Later, I figured it out: traders like to place limit orders and take-profit orders around whole numbers. When enough orders pile up, the tug-of-war near those levels becomes more intense, and over time they become psychological levels.
It's easy to learn how to read indicators; the hard part is sticking to your plan when emotions are running high.
#ZK