$BTC ｜Breaking below the 80,000 level
Before discussing capital, let's first understand key price levels.
A support level is an area where prices have repeatedly stopped falling, while a resistance level is an area where rising prices have repeatedly stalled.
Volatility can increase around these levels, so leveraged traders need to leave more room. If your stop-loss is placed too close to a round-number level, it can easily be triggered in a quick sweep.
Learning to read indicators isn't hard; the hard part is sticking to your plan even when emotions are running high.
Before discussing capital, let's first understand key price levels.
A support level is an area where prices have repeatedly stopped falling, while a resistance level is an area where rising prices have repeatedly stalled.
Volatility can increase around these levels, so leveraged traders need to leave more room. If your stop-loss is placed too close to a round-number level, it can easily be triggered in a quick sweep.
Learning to read indicators isn't hard; the hard part is sticking to your plan even when emotions are running high.