$IDOL fell below the 0.025 level.
Let’s use this figure to break down key price levels.
A support level is an area where prices have repeatedly found a floor while falling; a resistance level is a price range where gains have repeatedly been capped.
Many people use key levels as a reference for position sizing: which side of the level you hold a position on and where you place your stop-loss are more practical considerations than guessing the direction.
Don’t place orders during the most volatile few minutes; wait for the candlestick to close before deciding.
#IDOL
Use this as a reference only. You are responsible for your own profits and losses.
Let’s use this figure to break down key price levels.
A support level is an area where prices have repeatedly found a floor while falling; a resistance level is a price range where gains have repeatedly been capped.
Many people use key levels as a reference for position sizing: which side of the level you hold a position on and where you place your stop-loss are more practical considerations than guessing the direction.
Don’t place orders during the most volatile few minutes; wait for the candlestick to close before deciding.
#IDOL
Use this as a reference only. You are responsible for your own profits and losses.
