⚠️ $IDOL has broken through the 0.015 level!
Take a moment to stay calm and understand the key price levels before acting 👇
The more often a price level is tested, the more weight it tends to carry in traders’ minds; however, some argue that repeated tests can actually wear down the buying support there.
Many people use key levels as a reference for managing their positions: which side of the level to trade on and where to place a stop-loss can be more practical than predicting the direction.
The point of understanding an indicator is to be less intimidated by the numbers, not to use it to pinpoint tops and bottoms.
#IDOL
Take a moment to stay calm and understand the key price levels before acting 👇
The more often a price level is tested, the more weight it tends to carry in traders’ minds; however, some argue that repeated tests can actually wear down the buying support there.
Many people use key levels as a reference for managing their positions: which side of the level to trade on and where to place a stop-loss can be more practical than predicting the direction.
The point of understanding an indicator is to be less intimidated by the numbers, not to use it to pinpoint tops and bottoms.
#IDOL