🐋 $ICNT breaks through the 0.18 level.
There are often many stop-loss orders clustered around key levels, so it’s important to first understand why these price levels matter.
Round-number levels are important because traders tend to place orders and stop-losses around round numbers. Orders can easily cluster there, which is why they’re also known as psychological levels.
Don’t let a single indicator disrupt your original rhythm, and don’t gamble borrowed money on a single reading.
#ICNT
There are often many stop-loss orders clustered around key levels, so it’s important to first understand why these price levels matter.
Round-number levels are important because traders tend to place orders and stop-losses around round numbers. Orders can easily cluster there, which is why they’re also known as psychological levels.
Don’t let a single indicator disrupt your original rhythm, and don’t gamble borrowed money on a single reading.
#ICNT