Watch the money, not the talk: $SIREN breaks through the 0.035 level
Key levels often have a large number of stop-loss orders clustered around them, and big players love to make moves in these areas: they may ride the breakout to push the price further, or use breakout-driven buying to sell off their holdings. To tell the difference, look at which side trading activity favors above and below the price level.
I’m just sharing my thoughts; this is not investment advice.
Key levels often have a large number of stop-loss orders clustered around them, and big players love to make moves in these areas: they may ride the breakout to push the price further, or use breakout-driven buying to sell off their holdings. To tell the difference, look at which side trading activity favors above and below the price level.
I’m just sharing my thoughts; this is not investment advice.