$ICNT ｜Breaks below 0.155
Before looking at fund flows, first understand the key price levels.
Support is an area where prices have repeatedly stopped falling in the past. Resistance (also called a resistance level) is an area where prices have repeatedly struggled to rise above.
Many people use these levels as a reference for managing positions: which side of a level to hold a position on and where to place a stop-loss are more practical considerations than trying to guess whether prices will rise or fall.
The same reading can mean very different things in different market conditions, so don’t blindly apply a single rule.
Before looking at fund flows, first understand the key price levels.
Support is an area where prices have repeatedly stopped falling in the past. Resistance (also called a resistance level) is an area where prices have repeatedly struggled to rise above.
Many people use these levels as a reference for managing positions: which side of a level to hold a position on and where to place a stop-loss are more practical considerations than trying to guess whether prices will rise or fall.
The same reading can mean very different things in different market conditions, so don’t blindly apply a single rule.