$IDOL fell below the 0.024 mark.
A beginner's burning question: Why do round-number levels matter?
A support level is a price range where prices have repeatedly found support on the way down. A resistance level (also called a resistance zone) is a price range that prices have repeatedly failed to break through on the way up.
To prices, round-number levels are just ordinary numbers; to people, they're a big deal.
Indicators can fail, but risk management shouldn't be skipped: deciding in advance what to do if you're wrong is more important than predicting correctly.
#IDOL
A beginner's burning question: Why do round-number levels matter?
A support level is a price range where prices have repeatedly found support on the way down. A resistance level (also called a resistance zone) is a price range that prices have repeatedly failed to break through on the way up.
To prices, round-number levels are just ordinary numbers; to people, they're a big deal.
Indicators can fail, but risk management shouldn't be skipped: deciding in advance what to do if you're wrong is more important than predicting correctly.
#IDOL
