$USELESS breaks through the 0.16 level.
A newbie asks a sincere question: Where do key price levels come from?
A support level is an area where prices have repeatedly found support while falling. A resistance level is a price range where prices have repeatedly run into resistance while rising.
To prices, round-number levels are just numbers; to us, they’re a big deal.
All indicators merely summarize market movements that have already happened, and prices can absolutely move in the opposite direction.
A newbie asks a sincere question: Where do key price levels come from?
A support level is an area where prices have repeatedly found support while falling. A resistance level is a price range where prices have repeatedly run into resistance while rising.
To prices, round-number levels are just numbers; to us, they’re a big deal.
All indicators merely summarize market movements that have already happened, and prices can absolutely move in the opposite direction.