🐋 $BTW lost the 2 level.
Round-number levels often have a large number of orders clustered around them, so let’s first talk about how these levels can come into play.
The more often a price level is tested, the more significant it tends to become in traders’ eyes. But some argue that repeated tests can also weaken the support there.
Learning to read indicators is easy; the hard part is sticking to your rules when emotions are running high.
Round-number levels often have a large number of orders clustered around them, so let’s first talk about how these levels can come into play.
The more often a price level is tested, the more significant it tends to become in traders’ eyes. But some argue that repeated tests can also weaken the support there.
Learning to read indicators is easy; the hard part is sticking to your rules when emotions are running high.