$STBL lost the 0.03 level.
Brothers, how should we understand support and resistance? Here's the quick version 👇
One rule of thumb: a resistance level that is decisively broken often turns into support; a support level that is decisively broken often turns into resistance.
It's not uncommon for prices to break through a level and then fall back, so many people wait for the closing price to confirm the move rather than jumping in the moment it happens.
Reading indicators isn't hard. The hard part is sticking to your plan when emotions are at their most intense.
Brothers, how should we understand support and resistance? Here's the quick version 👇
One rule of thumb: a resistance level that is decisively broken often turns into support; a support level that is decisively broken often turns into resistance.
It's not uncommon for prices to break through a level and then fall back, so many people wait for the closing price to confirm the move rather than jumping in the moment it happens.
Reading indicators isn't hard. The hard part is sticking to your plan when emotions are at their most intense.