A real-time market-watching log from killing time at work: $GTC broke through the 0.35 level, 393 days since it last reached this point.
To candlesticks, a price level is just a number. To us, it’s a big deal.
A quick bit of serious market education: the more often a price level is tested, the more significant it tends to become in people’s eyes. But some believe repeated tests can instead weaken the orders sitting there.
Don’t chase trades during the few minutes when volatility is at its highest. Wait for the candlestick to settle before taking a closer look.
#GTC
Crypto trading involves risk. Trade with caution.
To candlesticks, a price level is just a number. To us, it’s a big deal.
A quick bit of serious market education: the more often a price level is tested, the more significant it tends to become in people’s eyes. But some believe repeated tests can instead weaken the orders sitting there.
Don’t chase trades during the few minutes when volatility is at its highest. Wait for the candlestick to settle before taking a closer look.
#GTC
Crypto trading involves risk. Trade with caution.
