Technical note｜$UAI ｜Breaking through the 0.12 level
Definition: To determine whether a break below a level counts, common criteria include closing on the other side of the level, holding it on a retest, and volume picking up during the breakout.
As for how to read it: The level itself does not determine whether prices rise or fall. It is more like an area where bulls and bears are engaged in a fierce battle; the ultimate direction still depends on where the money flows.
With leveraged trading, first consider whether you can withstand the worst-case scenario, then think about what the indicators say.
#UAI
Definition: To determine whether a break below a level counts, common criteria include closing on the other side of the level, holding it on a retest, and volume picking up during the breakout.
As for how to read it: The level itself does not determine whether prices rise or fall. It is more like an area where bulls and bears are engaged in a fierce battle; the ultimate direction still depends on where the money flows.
With leveraged trading, first consider whether you can withstand the worst-case scenario, then think about what the indicators say.
#UAI