Funds-tracking note: $ICNT breaks above 0.19
These price levels often have a large number of orders clustered around them, making them ideal spots for major players to act: they may ride the breakout and push the price higher, or use breakout buying as an opportunity to cash out. To tell which is happening, watch which side of the price level trading volume is concentrated on.
These price levels often have a large number of orders clustered around them, making them ideal spots for major players to act: they may ride the breakout and push the price higher, or use breakout buying as an opportunity to cash out. To tell which is happening, watch which side of the price level trading volume is concentrated on.