$INJ fell below the 8 threshold, 4 days since it was last here.
How is this number calculated?
The longer it’s been since this price level was last reached, the more likely the distribution of positions around it has changed. The balance of bullish and bearish forces from back then may no longer apply.
Extreme readings usually come with greater volatility. At times like these, it’s better to reduce your position rather than make a big bet.
#INJ
How is this number calculated?
The longer it’s been since this price level was last reached, the more likely the distribution of positions around it has changed. The balance of bullish and bearish forces from back then may no longer apply.
Extreme readings usually come with greater volatility. At times like these, it’s better to reduce your position rather than make a big bet.
#INJ