Indicator Notes｜$BTW ｜Breaking through the 1.3 level
First, a definition: The longer it’s been since the price last reached this level, the more the positioning around it may have changed. Past support and resistance may no longer hold.
How to read it: Round-number levels matter differently for different coins. More people pay attention to major round-number levels for large-cap coins, while round numbers tend to carry much less significance for small-cap coins.
Don’t change your original plan based on a single indicator, and never gamble on a reading with borrowed money.
#BTW
First, a definition: The longer it’s been since the price last reached this level, the more the positioning around it may have changed. Past support and resistance may no longer hold.
How to read it: Round-number levels matter differently for different coins. More people pay attention to major round-number levels for large-cap coins, while round numbers tend to carry much less significance for small-cap coins.
Don’t change your original plan based on a single indicator, and never gamble on a reading with borrowed money.
#BTW
