$DOOD fell below the 0.002 level.
Let’s use this figure to talk about key price levels.
Common ways to confirm a breakdown include closing on the other side of the level, failing to reclaim it on a retest, and seeing volume increase as the price breaks through.
It’s common for prices to break through a level and then fall back below it, so many people wait for the close to confirm the move rather than chasing it the moment it happens.
Don’t let a single number disrupt your original plan, and never borrow money to test a hunch.
Let’s use this figure to talk about key price levels.
Common ways to confirm a breakdown include closing on the other side of the level, failing to reclaim it on a retest, and seeing volume increase as the price breaks through.
It’s common for prices to break through a level and then fall back below it, so many people wait for the close to confirm the move rather than chasing it the moment it happens.
Don’t let a single number disrupt your original plan, and never borrow money to test a hunch.