A quick interruption from your resident jokester: $BAT has broken through the 0.18 level.
On a candlestick chart, round-number levels are just ordinary numbers, but to the human eye, they’re a big deal.
Now for something serious: support and resistance are more like price zones than exact price points, so it’s perfectly normal for prices to test them repeatedly.
Indicators can fail, but risk management shouldn’t be skipped: thinking ahead about what to do if you’re wrong matters more than whether your prediction is right.
On a candlestick chart, round-number levels are just ordinary numbers, but to the human eye, they’re a big deal.
Now for something serious: support and resistance are more like price zones than exact price points, so it’s perfectly normal for prices to test them repeatedly.
Indicators can fail, but risk management shouldn’t be skipped: thinking ahead about what to do if you’re wrong matters more than whether your prediction is right.