🐋 Order-book watch: $JCT moves above the 0.0075 level
Price levels like this often have a lot of stop-loss orders clustered around them. Big players love to make their move here: either ride the breakout and push the price higher, or sell into the buying pressure from the breakout. To tell the difference, watch which direction trading activity near the price level is concentrated in.
#JCT
Price levels like this often have a lot of stop-loss orders clustered around them. Big players love to make their move here: either ride the breakout and push the price higher, or sell into the buying pressure from the breakout. To tell the difference, watch which direction trading activity near the price level is concentrated in.
#JCT